Signatura's Executive Update November 2015

Dear ,

“The international trend of individual ownership of residential apartments in hotels has been growing exponentially in recent years. Big name global brands such as Ritz-Carlton, Four Seasons, Sofitel and JW Marriott are all extremely active in this space.

“The dynamic driving this form of property ownership is not only the obvious lifestyle advantages, but the fact that it makes for such
a compelling investment model.

“Apartments of this kind put all the facilities of the hotel at the disposal of residents when they want them, and give owners the benefit of walking into a world-class, five-star hotel with its luxurious ambience and full suite of facilities – such as a spa, swimming pool, restaurants, bars, meeting rooms, etc. But over and above these facilities, owners also have the option of placing their apartment in a hotel-managed rental pool, giving excellent returns on investment compared to other asset classes, without any of the administrative headaches
of being a landlord.

“In particular, penthouses in prime locations in most major cities around the world are in great demand for this kind of ownership.

“We are delighted to bring an investment of this kind to Cape Town in the form of six spectacular penthouse apartments on the 22nd floor of the Radisson Blu Hotel and Residence.

“These unique penthouses will be the highest residential accommodation in the history of Cape Town, and will offer views of Devil’s Peak, Table Mountain, Lion’s Head, Signal Hill, the Cape Town Stadium, the V&A Waterfront and Table Bay that can only be described as absolutely magnificent!

“This is a once-off opportunity to own an apartment in this unique position in a world-class city like Cape Town.

"Backed by the steep appreciation in central Cape Town property values, the sharply growing demand for quality rental accommodation in this area, and enhanced by its outstanding position just minutes walk from the Cape Town International Convention Centre and within an easy stroll of the V&A Waterfront, these six sensational residences offer outstanding investment prospects and a lifestyle second to none.”

John Rabie


Signatura and Stonehill Property Fund are proud to announce the launch of Cape Town’s tallest residential penthouses on the 22nd floor of the Radisson Blu Hotel and Residence in the Waterside precinct of central Cape Town.

These luxurious residences will command magnificent mountain and sea views unrivalled by any other property in the Mother City. The six penthouses form part of the R1 billion residential and hotel development which, when completed in November 2016, will host a flagship five-star Radisson Blu Hotel on the lower eleven floors, with 166 luxury apartments and penthouses on the twelve floors above them.


Architect Juan Bernicchi and interior designer Francois du Plessis are collaborating to maximise the space, flow and fittings of these penthouses. Features include Floritelli Italian kitchens with top-of-the-range Smeg appliances, Oggie engineered timber hardwood flooring, energy-efficient LED lighting and air-conditioning throughout.

Other amenities and features available to residents include hotel concierge services, meeting, conference and event facilities, gym, swimming pool and terrace access and use of the hotel shuttle services. The building will also have high-speed fibre optic internet connectivity and a back-up generator to power the entire building in the event of power failures or load-shedding.

“With similar residences in New York and London selling for as much as R350 million, these magnificent and unique penthouses on the market for between offer outstanding value for money in a world-class city,” said John Rabie. “And when you add the advantages of a full-service, five-star hotel to this unique real estate proposition, that value increases exponentially.”


A fully furnished show room on the 23rd floor, exquisitely decorated by Francois du Plessis, will be available for viewing at 22 Riebeek St, Cape Town. Open daily from 10am to 5pm or by appointment. Call Anton McElhone on 083 506 7829 or Enver Deedat on 082 263 3337.


Anton McElhone or phone 083 506 7829   Enver Deedat or phone 082 263 3337