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Kasada to Acquire 414-Key Safari Hotels & Conference Centre, the Largest Hospitality Complex in Namibia

Press release content from Business Wire. The AP news staff was not involved in its creation. Kasada to Acquire 414-Key Safari Hotels & Conference Centre, the Largest Hospitality Complex in Namibia May 12, 2021 GMT JOHANNESBURG & PORT LOUIS, Mauritius & WINDHOEK, Namibia (BUSINESS WIRE) May 12, 2021 Funds advised by Kasada Capital Management today announced the acquisition of the 414-key Safari Hotels and Conference Centre in Windhoek, Namibia. This transaction will be made through Kasada Hospitality Fund LP (“Kasada”) and remains subject to approval by the Namibian Competition Commission. The hotel complex is strategically located within ten minutes of Windhoek’s city center and adjacent to Eros Airport. It consists of the 215-key Safari Court Hotel, the 199-key Safari Hotel and Namibia’s foremost Meetings, Incentives, Conferencing, Exhibitions (MICE) venue, the Safari Court Conference Centre that includes a 1,600m 2 grand ballroom that can hold up to 2,400 delegates.

QatarNamibiaJohannesburgGautengSouth africaWindhoekKhomasLondonCity ofUnited kingdomNamibianState of qatarDavid damibaAmbrose fullaloveCaroline parkerOlivier granet

12. Mai 2021 - Nachrichten am Mittag | Nachrichten | Aktuelles Hitradio Namibia

12. Mai 2021 - Nachrichten am Mittag | Nachrichten | Aktuelles Hitradio Namibia
hitradio.com.na - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hitradio.com.na Daily Mail and Mail on Sunday newspapers.

NamibiaSouth africaUgandaFranceZimbabweWindhoekKhomasFrenchUgandanZimbabweanHage geingob musevenisNangolo mbumbaDeputy jessie duarteCyril ramaphosaYoweri museveniConference centre

Kasada acquires eight hotels in Sub-Saharan African from AccorInvest

Funds advised by Kasada Capital Management announced the first transaction made through the debut fund, Kasada Hospitality Fund LP, acquiring a portfolio of Sub-Saharan African Hotels from AccorInvest. The landmark deal is one of the largest cross-border hospitality M&A transactions in Africa and will see Kasada take control of eight fully operational hotels across three countries - Ivory Coast, Senegal and Cameroon - comprising 1,602 hotel rooms focussed on servicing intra-regional business travel in Africa. In taking on full ownership and management of the portfolio, Kasada, a game-changer for hospitality in Africa, has committed to implementing new standards in terms of local management teams and environmental footprint while ensuring guest satisfaction levels continue to develop.

AbidjanLagunesCoted ivoireUnited statesCameroonDoualaLittoralMarcoryDakarSenegalAmericaIvory coastDavid damibaBob koigiOlivier granetKasada hospitality fund

Redirecting to Kasada Acquires 1602 Keys Sub-Saharan African Hotel Portfolio From AccorInvest

Kasada Acquires 1602 Keys Sub-Saharan African Hotel Portfolio From AccorInvest Funds advised by Kasada Capital Management today announced the first transaction made through the debut fund, Kasada Hospitality Fund LP (“Kasada”), acquiring a portfolio of Sub-Saharan African Hotels from AccorInvest. The landmark deal is one of the largest cross-border hospitality M&A transactions in Africa and will see Kasada take control of eight fully operational hotels across three countries - Ivory Coast, Senegal and Cameroon - comprising 1,602 hotel rooms focussed on servicing intra-regional business travel in Africa. In taking on full ownership and management of the portfolio, Kasada, a game-changer for hospitality in Africa, has committed to implementing new standards in terms of local management teams and environmental footprint while ensuring guest satisfaction levels continue to develop. It sits at the core of the firm’s strategy to become a solution provider for the sustainable growt

AbidjanLagunesCoted ivoireQatarUnited statesCameroonMarcoryDoualaLittoralDakarSenegalState of qatarAmericaIvory coastDavid damibaJones lang lasalle

Kasada acquires African hotel portfolio in landmark deal – Property Wheel

Kasada acquires African hotel portfolio in landmark deal – Property Wheel
propertywheel.co.za - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from propertywheel.co.za Daily Mail and Mail on Sunday newspapers.

AbidjanLagunesCoted ivoireUnited statesCameroonDoualaLittoralMarcoryDakarSenegalAmericaIvory coastDavid damibaOlivier granetKasada hospitality fundKasada capital management