In one of South Africa’s largest commercial property acquisitions the Mantis Collection and Val de Vie Estate have jointly purchased the incredible Pearl Valley Golf and Country Estate.
The two companies bought the estate from Standard Bank with plans to develop it together, combining the synergies of both Mantis and Val de Vie. Mantis and Val die Vie Chairmen, Adrian Gardiner and Martin Venter have been friends for many years and both have expressed their excitement about the collaboration of these two major brands. Mantis brings its world-renown hospitality prowess and Val de Vie its unprecedented development and real estate marketing expertise to the partnership.
“The mutually beneficial inclusion of Pearl Valley within the larger Val de Vie family and its diverse offerings, completes the vision of providing the ultimate in secure, luxury living,” Martin Venter, Founder and CEO of Val de Vie Investments said.
The acquisition included the entire first phase of Pearl Valley, the Jack Nicklaus Signature Golf Course, the clubhouse, a hotel site on which the Mantis Collection Pearl Valley Hotel will be developed, a 20 hectare equestrian farm, approximately 80 serviced and unsold plots as well as 150 un-serviced residential plots.
Mantis together with Val de Vie, will commence construction of the Mantis Pearl Valley Hotel in early 2016. The hotel will be a Mantis luxury hotel with the first phase including 40 rooms and a conference centre. Phase two and three will follow providing an eventual hotel of 150 keys.
Adrian Gardiner, Founder and Owner of the Mantis Group shares that, “Mantis is currently in an exciting development stage having recently become the only hotel group in the world to be represented on all seven continents. The teaming up with one of the best residential estates in the world which includes property, wine, events, polo and sport and now a world famous Jack Nicklaus Golf Resort is indescribable. The management and marketing teams of both estates will add significant value to the Mantis Group”.
The groups’ teamwork doesn’t end with the Pearl Valley Golf and Country Estate as they’re partnering for the Veuve Cliquot Masters Polo. Now in its sixth year the event is hosted at Val de Vie and has been firmly established as the premier polo event on the South African calendar.
“Mantis has long been involved with polo events and we’re proud to come on board as the hospitality partner for this prestigious occasion”, says Gardiner.