Signature Life Group
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Signature Life Hotels launches Real Estate Portfolio

2011-08-18

The Signature Life Group Real Estate division is actively involved in the development of new properties, be they traditional hotel developments or lifestyle developments which are sold on a sectional title, whole ownership, fractional title and timeshare basis. The group creates joint ventures with existing hotels to develop new hotel bedrooms and apartments for existing hospitality products. The Real estate Division provides a new platform for more acquisitions and for enhanced business strategy through brand awareness and cross selling capabilities for hotel development companies.

The differentiation of a Signature Life Development is that often property developers will create a development, sell the units and disappear after sales are complete. With Signature Life Hotels Development, we create a brand promise and remain involved as the hospitality operator after sales are completed. This is very much the model adopted by the larger US Hotel brands which offers investors an additional hospitality stake.

The future of the Signature Life Real Estate portfolio of properties is ensuring that we can take a traditional hotel model and enhance shareholder value through the innovative sales of hotel bedrooms to individual investors. On the Hospitality side each hotels management and staff embraces its location and surroundings, and offers guest's genuine service provided by a caring and highly dedicated, personable staff and associates to allow guests to personalize their hotel stay.

Our development division is part of the dynamic, youthful successful hotel company that owns and operates hotels and lodging facilities in Africa and is a full service hotel management company providing a complete range of management and investment services with a flexible suite of options for specific involvement or as a complete third party management relationship.

OUR CURRENT HOSPITALITY REAL ESTATE DEVELOPMENTS FOR SALE
The real Estate development team is currently busy with sectional title, fractional title and whole ownership developments in the following areas:
Jozini Tiger Estate, KwaZulu Natal
96 one and two bedroom self catering apartments and 52 free hold stands adjacentto the beautiful Jozini Tiger Lodge. Prices range on sectional title basis from R 620,000.00 to R 1 800 00.00. Fractional title weeks range in price from R 90 000.00 for two weeks to R 350 000 for four peak weeks. Whole ownership stands with four architectural packages range in price from R685 000 to R2,500,000.
Likweti Hotel, Mpumalanga
120 self catering standard hotel bedrooms to be operated in a rental pool. Prices start at R 499 000.00 per bedroom and range upwards to R650 000.00 for a luxury suite.
Mont d Or Hotel, Clarens
20 standard bedsitter hotel bedrooms to be operated in a rental pool. Prices start at R 499 000.00 per bedroom and range upwards to R550 000.00 for a luxury suite
Fun Club, Trou Aux Biche, Mauritius
14 self catering two and three bedroom apartments already complete to be operated in a rental pool. Prices start at R 165 000.00 and range upwards to R400 000.00 for a two week ownership for life.
Port Elizabeth. Eastern Cape - 80 standard hotel bedrooms to be operated in a rental pool. Prices start at R 450 000.00 per bedroom and ranges upwards to R 599 000.00 for a luxury suite
White River, Mpumalanga -50 standard hotel bedrooms and 25 luxury self catering units to be operated in a rental pool. Prices range on sectional title basis from 620,000.00 to R 999 000.00. Fractional title weeks range in price from R 110 000.00 per two weeks to R 390 000 for four peak weeks.
Quarters Hotel Hermanus - 16 two bedroom luxury self catering units already complete to be operated in a rental pool. Prices range on sectional title basis from R920,000.

Says MD Alan Vels " we have diversified our portfolio following the hospitality trends set in US and the Far East by leading international hospitality brands, who developed a real estate sector in their portfolios to increase room availability through sales"




Signature Life Hotels launches Real Estate Portfolio

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