Who we are
Kasada Capital Management is the leading independent real estate private equity platform dedicated to delivering attractive sustainable value across the hospitality sector in Africa.
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The Kasada approach
We are differentiated by a unique investment and specialist team that harnesses deep global hospitality sector experience, on the ground Africa expertise, and an extensive track record in construction, finance, and operations.
Segment #1
Luxury
Segment #2
Premium
Segment #3
Midscale & Economy
Segment #4
Lifestyle
Bonga Hlongwane
Vice President | Investment
Ivory Coast
Ibis Styles Abidjan Marcory
- BROWNFIELD: 135 Keys
- IVORY COAST: Abidjan
- ACQUISITION DATE: December 2020
Investment thesis
- Re-positioned as a quality economy asset through renovation and re-branding to ibis Styles (fully reopened September 2023)
- Addition of well-adapted and localized F&B concept increasing walk-in guest revenues
- Increasing walk-in guest revenues
- Introduced Wojo to capitalize on strong demand and drive foot traffic, which benefit other revenue drivers
Amenities
1 Restaurant | 1 Bar | Meeting rooms | Pool | Wojo
South Africa
Cape Grace, A Fairmont Managed Hotel
- BROWNFIELD: 113 Keys
- SOUTH AFRICA: Cape Town
- ACQUISITION DATE: March 2022
Investment thesis
- Full-scale renovation to rebrand and reposition the hotel as a leading luxury hotel in Sub-Saharan Africa
- Refurbished rooms and increasing suites in line with Fairmont brand standards
- Refurbished public areas, including adding a signature fine dining restaurant
- Established a new brand identity to distinguish Cape Grace from competitors while retaining its heritage
- Created an additional dining destination on a private quay in the V&A Waterfront
Amenities
2 F&B Facilities | Whisky club | Wine cellar | Spa | Pool | Fitness center
South Africa
Hyde Johannesburg
- BROWNFIELD: 131 Keys
- SOUTH AFRICA: Johannesburg
- ACQUISITION DATE: September 2024
Investment thesis
- Award-winning lifestyle hotel in one of the most vibrant areas of Johannesburg
- Seamless integration of best-in-class hotel, restaurant, co-working, and commercial spaces
Amenities
1 Restaurant | 1 Bars | 1 Coffee shop | Gym | Co-working
Ivory Coast
Ibis Styles Abidjan Marcory
- BROWNFIELD: 135 Keys
- IVORY COAST: Abidjan
- ACQUISITION DATE: December 2020
Investment thesis
- Re-positioned as a quality economy asset through renovation and re-branding to ibis Styles (fully reopened September 2023)
- Addition of well-adapted and localized F&B concept increasing walk-in guest revenues
- Increasing walk-in guest revenues
- Introduced Wojo to capitalize on strong demand and drive foot traffic, which benefit other revenue drivers
Amenities
1 Restaurant | 1 Bar | Meeting rooms | Pool | Wojo
South Africa
Cape Grace, A Fairmont Managed Hotel
- BROWNFIELD: 113 Keys
- SOUTH AFRICA: Cape Town
- ACQUISITION DATE: March 2022
Investment thesis
- Full-scale renovation to rebrand and reposition the hotel as a leading luxury hotel in Sub-Saharan Africa
- Refurbished rooms and increasing suites in line with Fairmont brand standards
- Refurbished public areas, including adding a signature fine dining restaurant
- Established a new brand identity to distinguish Cape Grace from competitors while retaining its heritage
- Created an additional dining destination on a private quay in the V&A Waterfront
Amenities
2 F&B Facilities | Whisky club | Wine cellar | Spa | Pool | Fitness center
South Africa
Hyde Johannesburg
- BROWNFIELD: 131 Keys
- SOUTH AFRICA: Johannesburg
- ACQUISITION DATE: September 2024
Investment thesis
- Award-winning lifestyle hotel in one of the most vibrant areas of Johannesburg
- Seamless integration of best-in-class hotel, restaurant, co-working, and commercial spaces
Amenities
1 Restaurant | 1 Bars | 1 Coffee shop | Gym | Co-working
Latest news
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Kasada’s Inaugural Sustainability Report
Africa Go Green Fund (AGG) commits €15 million to Kasada’s green-certified hotel development in Abidjan’s Angré district, Côte d’Ivoire
