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Kasada Acquires Iconic Cape Grace Hotel in Cape Town

Funds advised by Kasada Capital Management (“Kasada”) annannounced the acquisition of the 120-key Cape Grace hotel in Cape Town.

This acquisition marks Kasada's entry into the South African hospitality market and the continued fulfilment of the platform’s strategy to expand its presence in key cities across Sub-Saharan Africa. Kasada will now deploy its expertise in Cape Town with an asset voted one of the “Top Luxury Hotels” in the continent.

 

For more info click on the link here to read the press release: 

www.kasada.com/wp-content/uploads/2022/03/Press-release-English.pdf

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