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Southern Sun to anchor $84 million Umhlanga hotel project
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Southern Sun to anchor $84 million Umhlanga hotel project
Key PointsThe group will launch a new hotel and 80 luxury residences in KwaZulu-Natal’s $281 million Oceans Umhlanga development.Southern Sun will invest in and manage the mixed-use $84.4 million South Tower, blending hotel rooms with upscale apartments. Backed by rising room and rental income, Southern Sun’s growth strategy includes $56.2 million in beachfront upgrades and renewable energy deals.Southern Sun Limited, South Africa’s largest hote…
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