Shares in new Blaauwberg hotel to be put up for sale by developer
0 Comments Published May 21st, 2008 in Property. Tags: No Tags.A NEW model in property investment has hit the Cape Town market.
Realcor Cape has taken a bold step in a new direction by offering buyers shares in its new hotel at the development costs.
“We’ve undertaken to create a business model that works both for Realcor as well as for the investors by going into partnership with them as a way to build up capital for the hotel and create wealth for investors,†Ms Deonette de Ridder, managing director of Realcor said of their Blaauwberg Beach Hotel.
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