http://www.fairmontzimbali.com/logo.jpg


NAME: Fairmont Zimbali
LOCATION: Zimbali Coastal Estate
STATUS: Proposed
FLOORS: 8
HEIGHT:
USE: Hotel, Residential

The Hotel will have 150 rooms and will be located on the beach as well as the Zimbali Lakes Lagoon.

Construction to Begin in July 2006 for completion by Dec 2007/Jan 2008

Zimbali is Fairmont's natural choice from www.fairmontzimbali.com

IFA SECURES FAIRMONT HOTELS & RESORTS TO MANAGE US$ 250 MILLION ZIMBALI PROJECT

Fairmont Hotels & Resorts to enter South Africa through its strategic alliance with IFA Hotels & Resorts

December 12, 2005
Kuwait’s IFA Hotels & Resorts (IFA) has again shown its commitment to South Africa by announcing its latest achievement in securing one of North America’s largest luxury hotel groups, Fairmont Hotels & Resorts Inc. (Fairmont) to manage its new resort in Zimbali. This follows its strategic announcement in September to list on South Africa’s JSE. The announcement augurs well for the creation of over 2,000 jobs in the province through a project value of over US$ 250 million.

The strategic alliance between IFA and Fairmont started on Dubai’s world famous Palm Island and further extended into Africa in a Joint Venture between IFA, Fairmont and Kingdom with the recent acquisition of a Kenyan Hotel portfolio. This alliance is clearly translating into business results for South Africa where Fairmont will enter into the hospitality sector through its first venture in the country with the Fairmont Zimbali. This also creates an ideal platform for the alliance to explore other opportunities in the burgeoning South African leisure market.

Fairmont has welcomed guests since 1884 to a remarkable collection of hotels, resorts and vacation ownership homes including London’s Savoy, The Fairmont San Francisco, the Fairmont Monte Carlo and other luxury properties situated in the United States, Canada, Mexico, Bermuda, Barbados, the United Arab Emirates and now, South Africa.

Mr. Talal Jassim Al Bahar, Chairman and Managing Director of IFA, said “IFA has again delivered on its commitment to South Africa by appointing Fairmont to manage its new Zimbali development, ensuring that it brings the highest level of hospitality standards to South Africa and following on with our vision to become one of the leading foreign tourism and property investors in Africa. It is also a clear signal to investors that IFA intends to maintain its superior quality offering by partnering with some of the biggest and most respected names in the business.”

Fairmont Executive Vice President, Mr. John Johnston says, “This latest development marks another successful milestone in Fairmont’s management-focused growth strategy and builds upon our recent announcement to manage five renowned properties in Kenya. Our relationship with IFA has perfect synergy, with its ability to identify prime locations for development and tourism investment, and lead our joint initiatives further. We look forward to offering our clientele exceptional experiences at the Fairmont Zimbali.”

Investor confidence into the region is high - statistics from the South African Department of Economic Trade and Investment show an annualised increase of 9% with a total investment of US $ 20 billion into KwaZulu-Natal in the period 2003 to 2006.

The anticipated influx of visitors for the 2010 World Cup as well as the pending construction of the King Shaka International Airport at La Mercy, to be operational by 2009, augurs well for the development of tourism in the region. A luxury branded resort will be required in the area to manage the numbers seeking accommodation, from the holidaymaker to businessman and from family to the keen golfer.

The new Fairmont Zimbali will be developed by IFA Hotels & Resorts with a project value in excess of US$ 250 million and will consist of a luxury five star hotel, a golf course, spa and vacation ownership products, including Fairmont Heritage Place (private residence club), offering a range of ownership alternatives to suit the specific needs of each investor.

Fairmont has also been appointed to manage the recently announced Gary Player designed golf course to be constructed at Zimbali Lakes. The new signature course will be the latest addition to Fairmont’s network of award-winning greens, joining the likes of Canada’s Fairmont Banff Springs and Fairmont Chateau Whistler Golf Club, home to the David Leadbetter Golf Academy. Player joins an esteemed list of designers that have crafted some of the finest golf courses Fairmont guests can enjoy, including Robert Trent Jones Sr. and Jr., Stanley Thompson, Greg Norman (at the soon-to-open Fairmont Mayakoba, Mexico) and Tom Weiskopf, the latter having designed the existing Zimbali Coastal course.

“We believe Fairmont’s diversity and vast experience will bring a new dimension to the South African hospitality sector, creating the basis for other investments with Fairmont in South Africa to join its fast growing international network of luxury resorts. IFA’s portfolio stretches around the world and includes the Sheraton Algarve in Portugal, The Fairmont Resorts on Palm Island, Dubai, the Movenpick Hotel & Residence Laguna Tower Dubai, the Kempinski Alabadiyah Hills in Beirut, the Zanzibar Beach Hotel & Resort, Tanzania and the opening of the YOTEL hotels in London Heathrow and London Gatwick in summer 2006 and in central London in 2007. We are also considering other projects in the Indian Ocean and Asia,” said Werner Burger, President & COO, IFA Hotels & Resorts.

Gordon Hibbert, MD of IFA’s joint venture partner Moreland Developments, comments “Our partnership in the development of this premier eco-resort has added an international dimension and value to Zimbali and we are delighted and honoured that Fairmont has selected Zimbali as the destination for its pioneer project in South Africa, which will further enhance the resort’s international status”.

James Wilson, director IFA (South Africa) concluded by stating that, “IFA fulfilled on its promise, made in 2002, to bring to Zimbali the highest standards in resort management. The appointment of Fairmont now brings Zimbali to a level where it can compete with truly international destinations. We trust that our continued success in promoting Zimbali across the globe will strengthen our relationship with Moreland even further”.



Dubai's IFA Hotels and Resorts to spend R1.65bn on second Zimbali resort

from www.businessreport.co.za

December 13, 2005

By Neesa Moodley

Durban - Dubai-based International Financial Advisers (IFA) Hotels and Resorts would invest an estimated R1.65 billion in a second resort development at Zimbali, which would include an R80 million golf course designed by Gary Player.

Phil de Sylva, the vice-president of acquisitions and development, said construction would begin in July next year and the entire project should take 18 months, placing the completion date at January 2008.

The new development will be managed by US-based Fairmont Hotels and Resorts and is expected to generate 2 000 local jobs.

The alliance represented Fairmont's first venture in the South African market and Fairmont Zimbali, which is in the conceptual design phase, will include a luxury 150-room hotel, spa, a golf course, signature villas, executive apartments and villas, and residences under the Fairmont brand.

The entire site is about 20ha, excluding the golf course, and the construction contract will go out to tender once the conceptual design has been completed.

Talal Jassim Al Bahar, the chairman of IFA, said the new development would be a clear signal to investors that IFA had created a basis for other investments with Fairmont in South Africa.

Statistics from the department of trade and industry reveal an annual investment increase of 9 percent, with a total investment of $20 million (R129 million) in KwaZulu-Natal since 2003.

John Johnstone, Fairmont's executive vice-president, said the luxury branded resort would be completed well in advance of an anticipated influx of visitors for the 2010 soccer World Cup. The Fairmont group recently announced it would manage five properties in Kenya.

IFA Hotels and Resorts' president, James Wilson, had previously said the group would invest approximately $100 million into the Zimbali Coastal resort over the next 10 years.

IFA Hotels and Resorts plans to list on the JSE next year through a reverse takeover of Moribo Leisure. De Sylva said the only assets in the listed group would be Zimbali Lodge and IFA's joint venture interest in Zimbali with property group Moreland.

unbelievable!!!! R20BILLION IN KZN!!!!

Fairmont hotel group invests on north coast
Nicola Jenvey - KwaZulu-Natal Correspondent

DURBAN — Fairmont Hotels & Resorts, owner of London’s Savoy Hotel, will enter the local market with a management contract for the planned $250m Zimbali Hotel on the KwaZulu-Natal north coast.

Earlier this year, Kuwaiti-owned IFA Hotels & Resorts unveiled plans to develop a second luxury hotel in the Zimbali development, as well as its intentions for listing on the JSE.

IFA is a wholly owned subsidiary of Kuwaiti-listed International Financial Advisors and has been involved in hotel and tourism resort projects in Europe, the Middle East, the Indian Ocean and Africa.

The group in 2002 entered into a joint venture with Moreland Developments, the property arm of Tongaat-Hulett Group, aimed at expanding Zimbali tourism products.

Trade and industry department statistics show KwaZulu-Natal has experienced $20bn investment in the past three years, reflecting a 9% annualised growth. The expected influx of visitors for the 2010 World Cup Soccer and the pending construction of the international airport at La Mercy on the north coast bode well for further tourism development in the region.

The tourism industry has identified the demand for a luxury branded resort to manage accommodation requirements across the spectrum from holidaymaker to business traveller. The strategic alliance between IFA and Fairmont started at Dubai’s Palm Island and extended into Africa in a joint venture to acquire five Kenyan hotels.

IFA chairman and MD Talal Jassim Al Bahar said yesterday the Fairmont Zimbali created the platform for further opportunities in the South African leisure market.

It was also a signal to investors that IFA intended to maintain standards by partnering with leading names in the industry, he said.

Fairmont already has interests in San Francisco and Monte Carlo and other luxury properties in the US, Canada, Mexico, Bermuda, Barbados and the United Arab Emirates.

The Fairmont Zimbali will include a five-star hotel, golf course, spa and holiday homes. Construction of the hotel and complex is due to begin in July and is scheduled to be completed in early 2008.

(CROSS REF FROM DURBAN FORUM)

This is unbelievable...
I knew something was up ..when I noticed so many Fairmont Hotel Ads in the local media in this last week...

But there's more to come ...

Off the record!!! Apparently some 20 hotel sites have been sold by the KZN authorities to develop hotels and other tourism offerings in the vicinity of the Greater St. Lucia Wetland Park...

It may not be in Durban...BUT AT LEAST ITS IN THE ZULU KINGDOM!!!!!!!!!

I SAY ... RATHER THAN cape town vs DURBAN ... IT SHOULD BE Western Cape vs KWAZULU-NATAL ...

In say 10 years KZN will win hands down!!!

Even with good old Sol Kerzner's One&Only in the Cape of Storms... - maybe with all the trouble getting the project of the ground.. he should rather bring it to Durban or KZN... It is quite apt because Solly started his stellar career in the tourism business right in Durban's Umhlanga with the launch of South African's first Five star hotel - The Beverley Hills Hotel...

I think this is a good sign for the area. Cant wait to see the render for this!

This now makes 4 major international brands entering the Durban Market in the not too distant future...and 3 of them will be entering SA for the first time! (Hyatt, Marriot, Fairmont and Taj)

Yes, I agree P2BSA, Sol should do something big and dramatic in Durbs.

KZN already rules the Western Cape on total no. of tourists it attracts and the diversity of its offerings. In 10 yrs this will hopefully still be true.

Word on this dev is that designs are complete and construction is set to begin in June

Umhlanga...you can read all about it here...they even stated that it will cost $250m....thats in Giles's "no one will build a hotel in SA" money bracket...

Wow that's a massive price tag for a hotel that size! It's obviously going to be something pretty amazing. Have they started construction yet? Any designs?

thanks to zimbali, one of the reasons the waterfront has such an amazing future

This does sound like a nice hotel, but I expect nothing less at Zimbali.

But will it be built?

It is def being built.

IFA are pumping an extra R2bn into zimbali on top of this hotel with the Zimbali lakes development. Work on the second golf course is to start in the new year (gary player has completed his design). lakes will include another 5 star hotel.

Fairmont is on the beach basically and will incude a public area of top class restaurants, stores and bars on the beach! will totally revolutionise the north coast beach environment. Design is complete and it is scheduled to open before christmas 2008. And yes they are making it happen.

IFA are also considering other partnerships with moreland in umhlanga....sounds like it could be another something impressive!! Imagine something big and bold next to the Marriott??

Awesome project!!!:)

no way you spend $250 mil on a 150 key property, can never make money.
the $250 mil is actaully there total investment over 10 years and includes the golf course and assosiated infrastructure. It also includes the first right on a nother hotel.
So in real terms its more like $40mil for a hotel which is more like the cost of a typical property in South Africa.

^^ok but andre wassenaar told me differently. but i am sure it does include other infrastructure

well it always sounds better when you hear it with out actually doing the maths and looking into it properly. Its a spin by the Zimbali guys. I know the IFA guys and they have said what it involves

ok be he stated that the R1,8bn figure was separate from the spending on the Zimbali lakes developments. He said those developments would be another 50/50 venture between IFA and Moreland with additional spending.

Sometimes one never knows all that is going on, or is allowed to.

Their was a render of the resort development in the paper last week. sorry i never put up the image. been searching the net but cant find it now. it was very big and impressive, with many pools and gardens going down to the beach. Hopefully someone can find it?

the layout

http://www.fairmontzimbali.com/}images/fairmontmap.jpg

nice

how much are those apartments going for?

Good layout. Any idea whether the apartments will be up high enough to have ocean views?

All have sea views. Will post the articles on them and have images but not in digital form.

Fractional ownership from R750k
Apartments and Villas from R5m - R15m
Signature Villas from R34m

The images are really impressive. Will try scan and see how they come out

Wow! For R34m they must be pretty impressive!

R34mil, I dont belive there are many buyers for that sort of price, I mean its not clifton or bantry bay

^^ u obviously dont know the prices of existing homes in Zimbali then. Pieces of land that front the beach are being sold for R9m alone.

A record price of R42m was recently paid for a zimbali home. And it is very common for homes to be in the R20m+ range.

Average price in the estate is R8m. Entry is R3,5m.


There are only 11 of the Signature Villa's, i really dont think it will be too hard to sell them, and i really dont think they will be aiming them at the locals, they will be pitched at IFA's international client book

Total zimbali dev with 2nd golf course

http://www.zimbali.co.za/site/property/Zimbali-overall-map.jpg

go to www.fairmontzimbali.com for more info. I cant get the renders of the hotel anywhere on the net, will scan my hard copy version

We designed the electrics & CCTV for a guy in Zimbali, his house is estimated R32 million,

FAIRMONT ZIMBALI - First Phase Pricing

The development is structured around a Fairmont Hotel with hotel suites, Fairmont Apartments, Golf Chalets, private Heritage Place residences, Fairmont Villas and Signature Villas. All of these are to be managed by Fairmont, a world class luxury hotel management company. IFA Hotels and Resorts chose the ideal site and together with its partners, Fairmont and Kingdom Hotel Investments, and their commitment to Zimbali, believes we will be selling some of the best products South Africa has ever been able to offer discerning investors.

Allow me to present to you an overview.

11 SIGNATURE VILLAS on the sea front will range in price between R30,000,000 and R34,000,000, and as you can well imagine, will represent over 1000m2 of ultimate luxurious coastal living. There are two designs to choose from, both with 5 en suite bedrooms. Only 5 are still available. These are sold on a plot and plan basis – the land is paid for and registered into the purchaser’s name and then a building bond raised from which the developer takes progressive draws.

6 Double storey FAIRMONT VILLAS range in price between R13,910,000 and R16,600,000, and offer over 550m2 of accommodation and include rim flow pools. All have stunning sea views. These are also sold on a plot and plan basis.

1 block of 7 FAIRMONT APARTMENTS on Site 30 is available, ranging in price from R7,900,000 to R11,500,000. These apartments enjoy close proximity to the sea, with stunning sea views. They consist of large open plan living rooms, extensive patios, 4 en suite bedrooms and in some instances a TV room and/or a study. Sizes from 415m2 to 508m2. Other blocks shall be released and should you prefer one of those, then we will be able to reserve such until the plans have been completed. Some of these will be three bedroom three bathroom units.

21 GOLF CHALETS are being planned at present. They will be situated on a site facing the fifth fairway and green of the existing golf course. Two units may be available for fractional ownership. Details of these are not conclusive yet.

All of the above investments have an option to be part of the Fairmont rental scheme.

The HOTEL SUITES are proving to be popular investments. They are being marketed at R2,850,000 for a suite measuring approx 65m2. A double suite measuring 143m2 is priced at R5,700,000. The HOTEL SUITES will be great investments in terms of being part of the rental pool managed by the hotel, with 4 off peak weeks for your use and the rest of the time being available for rental by the hotel on your behalf. Investors are being offered a guaranteed 5% return on this investment for the first 3 years.

Also for launch later on will be the HERITAGE PLACE PRIVATE RESIDENCES, luxury homes that will allow you to trade time at other Fairmont Heritage Place locations. A fractional ownership option will be available with this product, a four week fraction costing in the region of R1,5 million. They will be four bedroom four bathroom houses with pools.

The Fairmont Zimbali will also boast a Willow Stream Spa, Private Beach Club, concierge, fully trained child care and private chefs to spoil you. Fairmont will also manage the planned Gary Player Lakes golf course.

They all look to be around the R30 000/m2 mark

I still cant belive that when Zimbali launched , they couldent give land away and plots went for like 90K, gotta be the biggest sucess story on the natal coast

People didnt get the logic of it back then. i think as time has worn on they have. And the fact you feel so remote, yet are mere minutes from ballito and sprawling north durban is a def plus

I remember when Balitto was called balittoville and it was soooo far from durban. No N3 back then and Zimbali was this NP hideaway with soldiers always surrounding the place.

^^ showing ur age...

then again even 5 years ago no one really lived in balito and worked in durban. now nearly everyone there does and the resident population has tripled in 8 years

Im afraid so, mid 30s now mate and feeling it

I remember when Balitto was called balittoville and it was soooo far from durban. No N3 back then and Zimbali was this NP hideaway with soldiers always surrounding the place.

Speaking of odd things on the North Coast, for many years there was a large structure on top of the hill above the northern portion of Umhlanga Rocks. It looked like some sort of giant radar array or communications device. I didn't look for it during my last trip, so I'm not sure if it's still there. Does anyone know if it is? And, better still, what the hell did (does) it do?

I rember it well, you could see it from the N2. I think it was some form of communication device .

^^ it was removed about 2-3 years ago. never knew what it was for. The land it was on is being rehabilitated and part of it forms the Hawaan Forest Estate

It was used to communicate with extra terrestrials, ........... nah jus kidding, I think it served as a form of booster for radio signal's for the upper north coast, could have been for communication as well.

Kempinski Hotels ...

BIG NEWS ON THE HORIZON!!!!!!!!!!!!!!!!!!!!!!!!!

What that got to do with Zimbali?? Cause Fairmont have already been doing loads of advertising for this hotel. Are you saying that Kempinski are opening an additional hotel or that this one will be one??

Kempinski Hotels ...

BIG NEWS ON THE HORIZON!!!!!!!!!!!!!!!!!!!!!!!!!

Oops ... sorry - Incorrect...

I was wrong...
herd that IFA and Kempinski Hotels were having a annoucement in Zimbali today, and thought it was another major hotel brand for KZN - but turned out to be an annoucement about a R1 billion development in Namibia...
They announced it in Zimbali becuase IFA South Africa's HQ is there...

Damn, but its good for Southern Africa anyway...

Oops ... sorry - Incorrect...

I was wrong...
herd that IFA and Kempinski Hotels were having a annoucement in Zimbali today, and thought it was another major hotel brand for KZN - but turned out to be an annoucement about a R1 billion development in Namibia...
They announced it in Zimbali becuase IFA South Africa's HQ is there...

Damn, but its good for Southern Africa anyway...


Ifa Hotels & Resorts Enters Namibia

MENAFN Press - 26/03/2007

(MENAFN Press) IFA Hotels & Resorts (IFA HR) today announced its entry into the Namibian hospitality market through a joint venture agreement with the Ohlthaver & List (O&L) group of companies, the leading private sector group in Namibia. The joint venture is valued at approximately US$ 75 million. Through the venture, IFA HR has also introduced five star luxury hospitality partner Kempinski Hotels (Kempinski) to Namibia in an agreement that will see the international hotel brand operate all four of the joint venture hotel properties.

Talal Jassim Al-Bahar, Chairman and Managing Director of IFA HR stated, "In addition to being very pleased with the announcement regarding our new partner Ohlthaver & List, we're also extremely excited about the potential such a strategic partnership represents. Ohlthaver & List is at the forefront of the Namibian private sector and as such provides not only a platform for our initial entry into Namibia, but also represents future opportunities for our company to expand further into this growing market."

Established in 1923, O&L is Namibia's largest privately held group of companies outside of the mining sector with vested businesses that actively promote and support business growth in Namibia. The O&L group of companies has interests in food production, fishing, beverages, farming, retail trade, information technology, property development, leisure and hospitality, marine engineering and the service sector.

Sven Thieme, Executive Chairman of O&L said, "The announcement of our new partnership with mixed-use developer IFA Hotels & Resorts fully supports our company mission to build innovative and sustainable businesses in Namibia. We are also delighted to welcome international five star hotel operator Kempinski Hotels. The entry of these two high-profile companies to Namibia will not only help increase our profile on the global travel and tourism stage, but also contribute to business growth that significantly

supports our socio-economic wealth and living conditions. I am very excited and proud to see these prestigious companies enter Namibia."


Werner Burger, President and COO of IFA HR stated, "We are committed to increasing the global profile of projects being driven by IFA Hotels & Resorts South Africa and Namibia is no exception. Drawing on our expertise and resources, we will tap into our global clientele to generate awareness and grow investor appeal for our Namibian interests. It is also through the strength of our existing partnerships that we were able to bring renowned luxury hotel operator Kempinski into the folds of our Namibian operations. We first began working with Kempinski Hotels on our project in Lebanon during 2005, and we are looking forward to yet another successful partnership with them here in Africa."

Kempinski Hotels is Europe's oldest luxury hotel collection and in 2007, Kempinski is celebrating 110 years of history, exclusivity and distinctive luxury. While the Group was founded in Germany, its portfolio is now spread throughout Europe, Middle East, Africa, South America and Asia with properties in locations such as Abu Dhabi, Beijing, Berlin, Budapest, Djibouti, Istanbul, London, Moscow, St Moritz and Zanzibar.

Ulrich Eckhardt, Senior Vice President Middle East & Africa of Kempinski, said: "We are delighted that our relationship with IFA Hotels & Resorts has led to this opportunity to expand our presence into Namibia. Namibia has traditionally attracted a strong contingent of German visitors, as well as tourists from other key European markets, where Kempinski is already well established. It is for this reason, and with an eye on increasing international visitation through our own international portfolio, that Kempinski is ideally suited to join IFA Hotels & Resorts Limited and the Ohlthaver & List group of companies in operating their joint Namibian properties."

The hotels that will be re-developed as a result of the joint venture are currently branded and operated within the Namib Sun Portfolio. The initial properties falling under the joint venture include The Strand Hotel, King's Den Lodge, Mokuti Lodge and a fourth hotel to be developed in Windhoek. IFA HR SA will also assess the potential for residential and retail opportunities surrounding these properties, with a view to integrating them to the adjoining hotel properties.

The Strand Hotel in Swakopmund is a medium-sized hotel with beach and garden views located on the shores of the Atlantic Ocean. The King's Den

Lodge is on the banks of the Chobe River in the North Eastern Caprivi strip, with access from Botswana and Victoria Falls in Zimbabwe. The King's Den Lodge is uniquely appointed with panoramic views of the Chobe River and each chalet is custom built. The Mokuti Lodge, situated on the gateway of the world renowned Etosha Park, is famous for its spectacular game viewing, superb conference facilitates and luxurious private chalets with all amenities.

Al-Bahar concluded: "Our aim is to provide an outstanding international network of resorts and real estate investment opportunities to our global customers. We see our investment into Namibia as a first step of expanding our presence through IFA Hotels & Resorts South Africa to the rest of Africa and South Africa, while continuing growing in Europe, the Indian Ocean region and the Middle East.

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093147824

^^ interesting. Good for Namibia!

LOL, that was funny

THE FIRST FAIRMONT HOTEL DEVELOMENT IN SOUTHERN AFRICA (AFRICA?)

The developers are touting it as the Premier Beach Resort in South Africa...& Zimbali has already won an international property award
:eek2:
http://i85.photobucket.com/albums/k59/DURBAN2010/FairmontZimbali.jpg

http://i85.photobucket.com/albums/k59/DURBAN2010/Fairmont.jpg

^^those are the pictures i saw about 3 months ago and have been trying to find larger digital copies to put up here. Thank you so much for doing so.

It is going to have alot of competition from the Club Med Beach resort also on the north coast and the soon to be announced Le Meridian Beach resort at the point. But will definately be aiming for a more upmarket target

Le Meridian for the Point?? Can't wait to hear about this one!

this is awesome

Love all the pool levels!

Le Meridian for the Point?? Can't wait to hear about this one!

Yeah, care to whet out appetites a bit more?

All i know is that a developer with le meridian as his operator has tendered for a beach site right on the northern end of the point beach sites, adjacent to ushaka.

fantastic news is that development on this is ahead of schedule and that the beach villa's have sold out, even at R40m now. unreal the money people have to splurge

I hope I will afford to spend time here, I just love it.

drove up to ballito two weekends back, and when start the descent on the m4 down the hill after Westbrook, this place hits you with a bang. looks alot bigger, in your face and impressive in real life. its going to be a truely amazing beach resort.

Fairmont have now also taken over Zimbali lodge from Sun International, so there will be two Fairmont's in Zimbali.

There are 4 cranes on site

http://i184.photobucket.com/albums/x31/Upington/Gaonet/fairmont_1.jpg

thanks for the pic upington, do u know when was it taken?

awesome how clsoe to the beach

Stunning .... I can see myself spending a week there - soaking up the sssssss .... sun - that's what it is called, I have forgotten what that glowing orb looks like :). We have had the worst winter in 2 decades. I haven't seen the sun for 3 weeks ... that looks so amazing !!!

I have stayed at Zimabali Lodge twice and loved it. Shortly after it was built. Where is this one in relation to the original Zimbali Lodge ?

^^
^^
Birth of the Fairmont Zimbali Lodge

Durban – Multiple award-winning hotel - the 76-bedroom Zimbali Lodge - has joined the Fairmont Hotels and Resorts portfolio with effect from the beginning of this month and has been renamed Fairmont Zimbali Lodge.The lodge - situated within Zimbali Coastal Resort along the KwaZulu-Natal North Coast - was formerly operated by South African tourism and gaming giant Sun International.

“Our new Fairmont Zimbali Hotel is scheduled to open next year, and due to synergies in its operation, we have decided to appoint Fairmont to operate our existing Zimbali Lodge property as well to enable a single operator for our assets within Zimbali,” said Phil de Sylva, IFA Hotels and Resorts vice-president - operations.

IFA Hotels and Resorts - a global hotel, resort and real estate development company listed on the Kuwait and Johannesburg stock exchanges - is the joint shareholder and developer of Zimbali Coastal Resort with KZN-based property giant Tongaat Hulett Developments.

De Sylva said: “To change the operators of Zimbali Lodge was a difficult decision made much harder by the professional operation of the hotel by Sun International; however, having both properties managed by the same operator is an important milestone in our long term investment into the area.”

Situated on a hillside, the lodge is designed in a distinctly Asian style with an African interpretation. Zimbali Lodge’s luxury accommodation is complemented by the exquisite experience of gourmet cuisine and award-winning wines, as well as by a spa and top-class wedding and conference facilities.

Bernard Forster, IFA Hotels and Resorts vice-president asset management said: “Fairmont’s entry into the South African hospitality sector is in line with IFA Hotels and Resorts’ belief in Kwazulu-Natal’s significant tourism potential which will be boosted by direct Durban-Dubai Emirates flights ... as well as the new King Shaka international airport expected to be in operation in 2010.

“This augurs well for the general development of tourism in the region.”

Fairmont Zimbali Lodge joins Fairmont’s Africa collection: Fairmont Mara Safari Club, Fairmont The Norfolk and Mount Kenya Safari Club in Kenya and Fairmont Zanzibar, Tanzania.

North American based Fairmont Hotels and Resorts is a leading global luxury hotel management company with over a century of experience in the hospitality industry.

Fairmont’s portfolio includes 56 distinctive hotels, including landmarks The Fairmont Banff Springs, The Fairmont San Francisco and New York’s The Plaza, with plans to develop over 20 new properties in the coming years in destinations as diverse as Beijing, Abu Dhabi and Cairo.

In 2009, Fairmont Zimbali Lodge will be joined by the multibillion- rand Fairmont Zimbali Hotel and Resort, a new, 157-room resort with a signature Gary Player golf course, Willow Stream Spa and vacation ownership homes, including Fairmont Heritage Place, located within Zimbali Coastal Resorts.

Source: http://www.travelwires.com/wp/?p=1959

thanks for the pic upington, do u know when was it taken?

The building has topped out now, so i reckon that pic is a good 10 months or more old, but shows the scope of the site real well.

This development is to the south of the lodge, closer to the river mouth. It opens right onto the beach, with beach bars and cafes

This is from July

http://i26.photobucket.com/albums/c128/dysan1/Fairmontzimbalijuly.jpg

.....from August.....

http://i184.photobucket.com/albums/x31/Upington/Gaonet/Zimbali_004.jpg

http://i184.photobucket.com/albums/x31/Upington/Gaonet/Zimbali_005.jpg

http://i184.photobucket.com/albums/x31/Upington/Gaonet/Zimbali_009.jpg

http://i184.photobucket.com/albums/x31/Upington/Gaonet/Zimbali_012.jpg

http://i184.photobucket.com/albums/x31/Upington/Gaonet/Zimbali_014.jpg

http://i184.photobucket.com/albums/x31/Upington/Gaonet/Zimbali_002.jpg

http://i184.photobucket.com/albums/x31/Upington/Gaonet/Zimbali_003.jpg

Thanks for the updates Mogaesho, I thought you deserted us.

will they demolish the old ZImbali bridge on the right of the 5th picture

Looking very nice guys. thanks for the pics!

Thanks for the updates Mogaesho, I thought you deserted us.

.....nope, been just hibernating......

Its huge hey! will look awesome when complete, with all the pools etc...

heard this morning that Fairmont have plans for their 3rd and 4th SA hotels... one in St Lucia area (2011) and another in the garden route. Seems they are not going for city locations

The best project in Durbs. Not necessarily because of looks, although it looks fine, but because of what it represents.

Although I can be plenty negative about the CBD (with reason in my view, but that's another argument), this project shows that a major, established, international brand name has the confidence enough to lend that name to a project in the northern 'burbs. CPT (plus George, Hermanus, Franschoek, et al.), for so many reasons, attracts the lion's share of attention from foreigners looking for luxury vacations in SA (aside from game reserves).

I think this project will do a small bit of good toward broadening non-South Africans' horizons, because Fairmont have had an excellent reputation in North America for decades. Ask any oke on the street in Washington, and he might not know about Fairmont. But ask any important oke on the street, and he will not only have heard of Fairmont, but will have likely stayed in one of their hotels.

cross post from the zimbali lakes thread...


Finally, Zimbali Lakes Resort launched!!!

New R7 billion Zimbali development launched

North Coast - A new R7 billion North Coast development called Zimbali Lakes Resort, which is the next major phase in the existing landmark Zimbali development, has been launched by international property development heavyweights IFA Hotels & Resorts and its joint venture partners, Tongaat-Hulett Developments.

Located near Ballito and adjoining the R10 billion Zimbali Coastal Resort, Zimbali Lakes Resort has been touted as “the most significant development to take place within Zimbali since its launch in 1996″.

Andreas Wassenaar, the vice-president of sales and marketing for IFA Hotels & Resorts, said the Zimbali Lakes Resort was also the biggest investment into the area since the launch of the R1.8 billion Fairmont Zimbali Hotel precinct last year.

“The development is set to create more than 12 500 jobs and will further elevate the global reputation of Zimbali.

“It is the culmination of four years of planning and represents the second major piece of the puzzle in the greater Zimbali development,” he said.

The latest addition planned for Zimbali is set on 300ha of undulating hills and will include more than 1 000 residences, two hotels, an office estate, beach club, and a mixed-use retail and leisure node overlooking an inland lake.

A key anchor feature within the development will be the championship golf course, clubhouse and driving range designed by South African golfing veteran Gary Player.
“We have received all the relevant approvals, and construction will start in the latter part of next year,” said Ken Forbes, the resorts development director of Tongaat-Hulett Developments.

“This addition to the greater Zimbali development is set to extend the development lifespan of Zimbali for a further 15 years, introducing a new era to the already internationally renowned resort . . . It is expected to result in about R7 billion injected into the regional economy and contribute R30 million to the rates base of the local municipality,” he said.

“People may think we are mad launching this development . . . in these turbulent financial times, but we are very confident because there has been a lot of interest being shown in Zimbali - especially with the upcoming 2010 Fifa World Cup and the development of KZN’s new R8 billion international airport.”

Wassenaar said Zimbali Lakes Resort had been conceived as an exclusive family-orientated residential and leisure development.

“An exciting feature of the resort is the waterfront recreational node, which is to be created along one section of the extensive 30ha inland lake, transforming the area and reinforcing Zimbali’s reputation as one of South Africa’s most desirable residential and recreational destinations,” said Wassenaar.

“This entertainment node will add a unique dimension to the greater Zimbali development in that convenience shopping and retail, restaurants, entertainment facilities, offices, hotels and lock-up-and-go apartment style living will be created,” he said.

SOURCE: http://www.travelwires.com/wp/?p=3269

how much will this baby set me back a night?

Im dying to know as well, will be nice to spend a night here.

Well if the new Oyster box is going to be in the region of R8000, then i'd be scared to see these prices...

R8000 a NIGHT?? :eek2:

At some point we should compile a list of the most expensive hotels in SA.

SOB!

any updates??

Spoke to the guy installing the sound, apparently for the 3 main rooms, the sound system and acoustic's are coming to 1,5 mill, so must be fancy and if they busy on the top rooms, they surely topped out by now.

this was taken yesterday...

http://farm4.static.flickr.com/3408/3597629702_20ef2095cf_b.jpg

http://farm4.static.flickr.com/3627/3596829743_68f0911a87_b.jpg

is it only me or can evryone not see fliker?

Flickr is down.

is it only me or can evryone not see fliker?

Just you :D

let me know if u want me to mail u the pics

I remember Fliker is banned here in Dubai, dont want to let the slaves see the real world......

Eish banning things? sounds like china...not good. We'll have to save them on another place and reload

flickr is banned in Dubai?!?!?! wtf?.. thats just excessive if you ask me.

Eish banning things? sounds like china...not good. We'll have to save them on another place and reload

Ya, like how China is going to start banning porn :ohno:

Silly.

looks like it will be a stunning hotel. Heard that the beach bar/cafe component will be accessible to the public not exclusively for hotel guests

hi dysan, is it possible for you to post those pictures again please??? flickr is not working and im really interested in this one. cheers mate

here we go

http://i26.photobucket.com/albums/c128/dysan1/3597629702_20ef2095cf_b.jpg

http://i26.photobucket.com/albums/c128/dysan1/3596829743_68f0911a87_b.jpg

thanks fantastic dysan, this is looking amazing i have plenty pics from zimbali but only of houses and the zimbali beach. If anyone is interested let me know how to put them up and i will.
For me this is the best estate in africa, so unique and so green...Last year Richard Branson stayed there for two weeks when i was there... And he liked it a lot, probably bought a house there hes got the cash and at 35mill whats that to him...

^^So true, the rich basturd :lol:

I see alot of guys are getting into this holiday investments. Pay R200K, share the place with 5 other guys, sort your months out and the spare months rent it out.

It's looking gorgeous! And doesn't seem to have a shortage of wealthy buyers...

Zimbali property sales buck the trend
The Mercury, June 17, 2009 Edition 1
Suren Naidoo

Despite the current recession, sales of more than R475 million have been notched up at the luxurious multibillion-rand Zimbali Coastal Resort development near Ballito, on the KwaZulu-Natal North Coast, in the last six months.

The development includes the Fairmont Zimbali Hotel, which incorporates the "private residence club" Fairmont Heritage Place Zimbali, and the Zimbali Lakes Resort.

"It is a phenomenal achievement given the downturn in the economy and real estate sector nationally," said Wessel Witthuhn, IFA Hotels and Resorts president for Africa and the Indian Ocean, yesterday.

Witthuhn said sales at Zimbali since the beginning of this year were up some 400 percent over the previous six months and about 96 percent of the deals had been signed with SA buyers.

He said construction on the "seven-star" R1.8 billion Fairmont Zimbali Hotel had been moving quickly.

"Fairmont Zimbali will be the first internationally branded beach resort and private residence club in South Africa," he added.

IFA official Kevin Wash said sales at Fairmont Heritage Place Zimbali had exceeded R100m and more than R55m in hotel condominiums had been sold within Fairmont Zimbali.

Witthuhn said land sales in excess of R120m had also been signed following the launch of the Zimbali Lakes Resort and Zimbali Office Estate.

He said there had also been more than R200m in re-sales and off-plan development sales at the resort over the last six months.

Mike Newton, of the ILembe District Municipality, said: "The North Coast clearly seems to be bucking the trend. I don't have exact figures at hand but billions of rands are being invested in the area."

Investors

He said there had also been strong interest from Dubai developers in the broader iLembe region.

"Investor speculation is still very bullish on the North Coast with several major developments on the go, so much so that we have had to redo our spatial development plan. This is in order to deal with pressure and make sure we have support infrastructure for future demand," said Newton.

Tourism KZN chief executive officer Ndabo Khoza said the province had been in urgent need of an internationally branded world-class beach resort and the investment in the Fairmont Zimbali project was crucial in bolstering KZN's competitiveness as an international tourism destination.

"There should be no question that this is what we need (in order) to up our competitiveness… We don't have internationally branded beach resorts in South Africa and we are losing out to countries like Mauritius," he said.

Mark Taylor, boss of the eLan Group, which is spearheading the Simbithi and Blythedale developments, said: "Blythedale has been held back because of a land claim, but at Simbithi we have signed some R80 million in sales since January (2009).

"This is up 15 percent compared to last year."

was just about to post that article. Definately not struggling at the moment at all

was just about to post that article. Definately not struggling at the moment at all

Yes, the big Zimbali story in the Merc was even picked up by Sky news!

Property buyers can't get enough of Zimbali
Realestateweb reporter
17 June 2009

Top-end KwaZulu-Natal real estate bucks South Africa's national trend.

Sales in Zimbali have exceeded a staggering R475m in the last six months, said IFA Hotels & Resorts (IFA HR) this week. The news, on the front page of The Mercury newspaper, attracted attention from international Sky News on Wednesday.

Kevin Wash, Deputy Vice President Vacation Ownership of IFA H&R said in a statement: "Sales in our first Private Residence Club in South Africa, Fairmont Heritage Place, Zimbali (KZN) have now exceeded R100m." He attributes the success to "to a proactive targeted marketing strategy and a superior product". "Our clients are discerning individuals who demand high quality products and service, which is exactly what we offer."

IFA Estates, appointed to sell IFA HR's products, has also sold over R55m in hotel condominiums, within the Fairmont Zimbali Resort, stimulating interests among discerning clientele, the company said.

In the recently launched Zimbali Lakes and Zimbali Office Estate, land sales in excess of R120m have been notched up by Zimbali Estates, ranging from R2,5m to just under R6m per residential plot and averaging R2,600/bulk square metre for office land.

The company said there has been tremendous interest in the new Zimbali Office Estate and Zimbali Lakes, as evidenced by the sales achieved since December 2008. With the new King Shaka International Airport opening in early 2010, it reckons Zimbali Office Estate will become a premier office environment in KZN. Over R200m in re-sales and off-plan development sales at Zimbali Coastal Resort over the last 6 months has largely been achieved by Zimbali Estate Agency, it said.

The opening of the new Fairmont Zimbali Resort in August this year and the commencement of construction of the new Gary Player signature golf course is expected to further enhance both the Zimbali brand and real estate values, added the company.

SOURCE: http://www.realestateweb.co.za/realestateweb/view/realestateweb/en/page196?oid=42550&sn=Detail

Development News


Construction progress of the R1,8bn Fairmont Zimbali Hotel & Resort is on track and on budget. Practical completion of construction is expected by 1st July 2009 with hotel operations commencing in the third quarter of 2009. Real Estate sales opportunities are currently focused on the Fairmont Heritage Place, Zimbali private residence club villas surrounding the main hotel building.


http://www.fairmontzimbali.com/%7Dimages/pics/Map.gif


Link to show the progress - http://www.fairmontzimbali.com/BirdView.aspx#contentArea

looks fantastic!

so no news on the rates for this place?

^^ maybe do a Pule and email them?

http://i184.photobucket.com/albums/x31/Upington/Gaonet/Zimbali_002-1.jpg

http://i184.photobucket.com/albums/x31/Upington/Gaonet/Zimbali_003-1.jpg

damn thats looking good!

My best mates sister who has been living in canada for the past 14 years is comming home to Durban with her canadian husband and both are going to be working here

Ya its looking super! awesome that a hotel like this would bring people back to sa

My best mates sister who has been living in canada for the past 14 years is comming home to Durban with her canadian husband and both are going to be working here

Can they organise special rates for "friends" ;)
this place dont come cheap :lol:

http://i436.photobucket.com/albums/qq89/diekapenaar/Snapshot2009-07-2113-45-41.jpg

Fairmont Zimbali Hotel & Resort on Schedule for 2009

Along the magnificent Dolphin Coast of South Africa’s Kwa Zulu Natal province lies the undisputed “jewel in the crown” of the east coast of Africa – Zimbali Coastal Resort.

Zimbali is a breathtaking 700-hectare coastal resort situated on a pristine stretch of beach which features architecture inspired by the magnificent environment and which incorporates an Indonesian influence. Known for its lush vegetation and abundant indigenous wildlife, it is a spectacularly beautiful destination and a fine example of an environmentally sensitive South African residential resort.

In keeping with the heritage and reputation of the Fairmont name, the Fairmont Zimbali will offer an exclusive selection of luxury properties for discerning investors.
This exclusive property portfolio includes:
• Six signature beachfront villas
• 56 Executive designer apartments
• Six hillside villas
• 21 Golf suites
• 30 Hotel condos
• 25 Garden suites and
• 99 Hotel rooms

Zimbali Private Residence Club
Part of the project offerings includes the Zimbali Private Residence Club homes – South Africa’s most exclusive and internationally branded private residence club.

Fairmont Zimbali Hotel & Resort
Only a select few hotel condominium suites will be available for sale within the Fairmont Zimbali Hotel & Resort. All hotel suites will be fully furnished and equipped, generous in their layout and exceptional in their design. Hotel suite owners have usage of their property during the year and the opportunity to participate in the rental yield based on the anticipated success of the Fairmont Zimbali Hotel.

The Fairmont Zimbali Signature Villas represent the ultimate in designer coastal living. These master-crafted signature homes will be equipped with every convenience and enjoy every amenity. The 11 Signature Villas each offer extensive designer living space with unrestricted views of the Indian Ocean with each boasting its own distinctive signature design determined by its unique site.

Villas
The Fairmont Villas are located high on a ridge overlooking the main Fairmont Hotel and Indian Ocean. These opulent homes provide privacy, luxury and exclusivity with their trademark rim-flow pools and lavish entertainment areas. Each of the six sites have been scrutinised by the architects to ensure that every residence is remarkable in terms of design while maximising the best views available to them. They will have full access to the hotel amenities and beach club, and be managed by the Fairmont Zimbali Hotel. Owners also have the option of participating in the rental scheme.

Apartments
The designer Fairmont Zimbali Apartments enjoy an elevated ocean-fronting position and are presented as the ultimate lock-up-and-go property. They offer full access to the Fairmont Zimbali Hotel amenities and management, and can also participate in the rental scheme. The Apartments will offer modern convenience and will be constructed in small blocks of between four and 14 units per block.

Golf Suites
The Fairmont Zimbali Golf Suites are the ideal property for an astute investor and a keen golfer wanting a well located lock-up-and-go home within a five-star management structure. Created to suit the specific needs of visiting golf enthusiasts, these twenty-one superbly located units face the fifth fairway and green of the existing signature Zimbali golf course. The three generously proportioned bedrooms are elegantly styled and all have en-suite bathrooms. Golf Chalet owners will enjoy full use of the Fairmont Zimbali hotel facilities and beach club.

With the spectacular Indian Ocean as a backdrop to the range of excellent facilities, every day at Fairmont Zimbali will be an opportunity to play to the fullest. For tranquil pursuits, one can take a languid stroll along the pristine golden Zimbali beach or indulge at the Willow Stream Spa.

Fairmont Zimbali offerings
Golf is integral to the premium lifestyle, with the keen golfer accommodated by the Tom Weiskopf-designed championship course rated as one of South Africa’s finest golfing experiences. Subject to the necessary approvals, there will also be an 18-hole par 72 Gary Player Signature Golf Course, modern Club House and a Gary Player Golf Academy with a state-of-the-art driving range.

For the astute investor who wants to own a magnificent holiday home without the downside of maintaining a second property, The Fairmont Heritage Place, Zimbali (South Africa’s most exclusive private residence club)will present the perfect solution. It will also offers owners a range of outstanding services and amenities designed to make the experience of each visit incomparably enjoyable. Personal services include doormen who greet you by name, concierges that attend to your every need, chefs, masseurs, child minders and housekeepers – who all deliver a memorable level of service.

Project Team

Client IFA Hotels & Resorts
Project Development Manager Mirage Leisure & Development
Interior Designer Keith Architects
Mechanical Engineer Africon
Electrical Engineer CKR Khanyisa Nala JV
Civil Engineer Africon
Structural Engineer Africon
Wet Services Engineer/ Fire Protection Engineer Africon
Kitchen and Bar Consultant The General Group
Environmental Consultant Guy Nicolson Consulting CC
Pro acoustic Consortium Jean Knoppersen/ Roshni Khanji
Hydraulic Engineer CBI
Health & Safety C & M Consultants
Specialist lighting Consultant Paul Pamboukian Lighting Design
Residential Interior Designer Partners in Design
Project Development Manager Coffey Projects
Principal Contractor Liviero
Procurement Agent WPS

itching to see the prices and the finished product

Seems IFA are not coughing up to the construction companies...

Construction has been halted...

http://www.busrep.co.za/index.php?fSectionId=561&fArticleId=5140293

Liviero are cocks in all honesty, worked with them at Simbithi and they frustrate the living day lights out of you the project manager I worked with from them was such a cocky prick its unreal, always boasting about his new post in Dubai :blahblah: so he went off and they put another prick in charge (its like they got them kept in a container somewhere just off laoding them when need be), that prick screwed things up so badly its not even funny.

Lot's of cocks, pricks, and screwing in that post. :banana:

But aren't cocks and pricks supposed to screw? :lol:

lol, just the thought of them frustrates me

and you're right there, haha

Zimbali contract 'cancelled': IFA

31 August 2009 - 15:11
Author: Diane Macpherson

There's a new twist to the commercial dispute between the developers of the Zimbali Fairmont Hotel and Resort and their principal contractor, Liviero Buidling.
Wessel Witthuhn of IFA Hotels and Resorts Africa says they've cancelled the Liviero contract.

He says last week's work stoppage by the contractor was the final straw.

On Wednesday, Liviero downed tools on the site of the R350-million North Coast project in protest at non-payment on the part of IFA. It said around R18-million was owing.

In an interview last Thursday, Witthuhn didn't dispute this, but said the due date was actually today.

Now, the IFA has cut ties with Liviero. Witthuhn says the matter's gone legal.

"Well things happened over the weekend and the contract has now been cancelled. As (such) we've been informed by our lawyers, that payment is not to take place and the matter's been referred to the dispute resolution (council) - in terms of the contract entered into between us."

Witthuhn says in the meantime, other contractors will be hired to go on site and complete the work. He says every attempt will be made to meet the scheduled deadlines.

Liviero meanwhile has described the latest development as a 'bully boy tactic'.

It says as far as it's concerned, the contract remains in place and it'll continue to hold IFA accountable for the money it owes them.

"Our message to IFA is: Stop the delaying tactics and pay us what you owe," said spokesperson Alan Cooper.

http://www.ecr.co.za/kagiso/content/en/east-coast-radio/east-coast-radio-news?oid=373968&sn=Detail&pid=561&Zimbali-contract--cancelled---IFA

Luxury property developer's battle with builders gets uglier
Jackie Cameron
31 August 2009

Zimbali investor accused of bully-boy tactics, still no sign of millions it owes.

A row over pay between listed luxury property developer IFA Hotels & Resorts (JSE:IFN) and its principal contractor, Liviero Building, intensified early this week, with a major KwaZulu-Natal investor being accused of "bully boy" tactics following court action and the cancellation of the contract.

It emerged last week that Liviero had downed tools over about R18m allegedly owed to it by IFA HR. The Zimbali luxury resort developer denied it had financial woes, yet earlier this month it issued a statement via the Stock Exchange News Service cautioning share investors that losses would be worse than expected.

Instead of paying the Liviero bill, however, IFA HR decided to take the matter to court and got an interim order restraining Liviero from accessing the Zimbali Hotel site under construction on Thursday, it revealed today.

At the same time, it issued a statement saying it had cancelled the contract with Liviero, citing Liviero's revelations to the media about its pay dispute as the reason for doing so.

Liviero Building chairman Luca Liviero said: "I've received no official word from IFA about this. But it's not a surprise. It's just the sort of bully boy tactic we've come to expect from IFA HR over the past few months."

He said he would be studying the IFA HR announcement to the media "in detail" and would then issue a full response.

Liviero Building had still not been paid the R18m it is allegedly owed by IFA HR when the latter issued its statement- and IFA has not denied owing Liviero this money.

In IFA's announcement, the luxury developer - listed in Kuwait as well as the Johannesburg stock exchange - highlighted that it is the "single largest foreign tourism investor in the province of KZN".

Although IFA Hotels & Resorts Africa and Indian Ocean president Wessel Witthuhn laughed last week when asked by Realestateweb.co.za for comment about the matter, his Monday statement made it clear that he was far from amused about his tussle with Liviero being aired in public.

He accused Liviero of "scurrilous media releases", and said IFA HR believed Liviero had acted "maliciously" and "with the intent to cause severe financial harm and gain an undue financial advantage in a commercial dispute". Witthuhn said Liviero had used "gutter press tactics to draw attention to itself".

Witthuhn referred to the refusal to give the IFA HR side of the story as maintaining "a dignified silence".

"IFA HR is financially sound, and I wish to assure our partners, customers and the media that IFA HR is more than able to meet its commitments both locally and internationally," he said, though he did not provide any financial details to lend weight to this reassurance.

Witthuhn said "the other contractors and subcontractors" would be finishing work on the five-star hotel at Zimbali.

For more about IFA HR's stance on the matter, read its statement, below this article.

Keep up-to-date with important property news and insights. Click here to subscribe to Realestateweb's FREE weekly newsletter and here to catch up with the top property news stories today.

Should listed companies, and property developers, be transparent to the media about problems with paying service providers? Share your views below this article.

http://www.realestateweb.co.za/realestateweb/view/realestateweb/en/page197?oid=47457&sn=Detail

Interesting. Seems things are only starting to hot up. I dont reckon either side is being fully honest here

^^When is that ever the case?

intresting , saw this happen in Dubai recently and once performance bonds are in place and called apon it gets nasty very nasty

^^

i`ve been winding up some turkey called SYLVESTOR on moneyweb all afternoon.:bash:

http://www.realestateweb.co.za/realestateweb/view/realestateweb/en/page197?oid=47457&sn=Detail&ccs_clear_cache=1#CMT_ANCHOR

MEDIA STATEMENT
For Immediate Release
31 August 2009 : 13h00

IFA HR CANCELS LIVIERO CONTRACT AND WORK WILL RESUME AT FAIRMONT ZIMBALI HOTEL

“Work will resume at the Fairmont Zimbali Hotel & Resort site and every attempt will be made to meet the scheduled deadlines”, says Wessel Witthuhn, President of IFA Hotels & Resorts Africa and Indian Ocean.

“IFA HR is still the single largest foreign tourism investor in the Province of KZN. When we entered KZN in 2003 to develop Zimbali Coastal Resort we promised to deliver a new internationally branded and operated 5-star hotel for Zimbali. Nothing and no one will stop us from keeping that promise” he said.

“It is not our company policy to conduct our business through the media, however for the purpose of reassuring stakeholders and members of the public, IFA HR has been left no alternative but to issue today’s statement.

During the past week, IFA HR has been the subject of two scurrilous media releases issued by Liviero Building, the principal contractor for the construction of the iconic Zimbali Fairmont Hotel & Resort. IFA HR believes that these statements were made maliciously and with the intent to cause severe financial harm and gain an undue advantage in a commercial dispute.

The only course of action left open to us is to cancel the Liviero building contract, which has now been done, and enlist the services of our other contractors and subcontractors to finish the work timeously”, he continued.

Despite the spurious allegations made by Liviero Building, IFA HR chose not to use the mass media as a platform to air its own grievances against Liviero, but maintained a dignified silence until such time as its legal team advised IFA HR to issue a statement. IFA HR sought, and successfully won, an interdict in the Durban High Court on Thursday 27 August 2009 which granted an interim order restraining Liviero from preventing access to the Zimbali Hotel site under construction.

“The construction of the five star Hotel & Resort at Zimbali is a high profile development offering enormous benefits to both the Province of KZN and to tourism in general, and it is most unfortunate that Liviero has used gutter press tactics to draw attention to itself. IFA HR is financially sound, and I wish to assure our partners, customers and the media that IFA HR is more than able to meet its commitments both locally and internationally and is grateful for the massive support it has received this past week.” concluded Witthuhn.

Ends

Wessel Witthuhn
President - Africa & Indian Ocean

^^

i`ve been winding up some turkey called SYLVESTOR on moneyweb all afternoon.:bash:

http://www.realestateweb.co.za/realestateweb/view/realestateweb/en/page197?oid=47457&sn=Detail&ccs_clear_cache=1#CMT_ANCHOR

lol, I see you like having fun

^^

i`d love to know what their boxing about, i mean, the works were probably remeasureable so thats easy to settle, extras get settled against existing rates at worst, so must have been some kind of spurious contractual claim.

i`ll gladly arbitrate for 10%:)

PD.

Theres something else going on me thinks, it should be made open soon, but lets wait and see. Knowing IFA they wont allow Liviero back on site so they should be appointing another contractor soon as they want this place complete ASAP

missing payment by a day does not constitute breach of contract, however walking off site does

Fairmont Zimbali Hotel & Resort on Schedule for 2009

Along the magnificent Dolphin Coast of South Africa’s Kwa Zulu Natal province lies the undisputed “jewel in the crown” of the east coast of Africa – Zimbali Coastal Resort.
Zimbali is a breathtaking 700-hectare coastal resort situated on a pristine stretch of beach which features architecture inspired by the magnificent environment and which incorporates an Indonesian influence. Known for its lush vegetation and abundant indigenous wildlife, it is a spectacularly beautiful destination and a fine example of an environmentally sensitive South African residential resort.

In keeping with the heritage and reputation of the Fairmont name, the Fairmont Zimbali will offer an exclusive selection of luxury properties for discerning investors.
This exclusive property portfolio includes:
• Six signature beachfront villas
• 56 Executive designer apartments
• Six hillside villas
• 21 Golf suites
• 30 Hotel condos
• 25 Garden suites and
• 99 Hotel rooms

Zimbali Private Residence Club
Part of the project offerings includes the Zimbali Private Residence Club homes – South Africa’s most exclusive and internationally branded private residence club.

Fairmont Zimbali Hotel & Resort
Only a select few hotel condominium suites will be available for sale within the Fairmont Zimbali Hotel & Resort. All hotel suites will be fully furnished and equipped, generous in their layout and exceptional in their design. Hotel suite owners have usage of their property during the year and the opportunity to participate in the rental yield based on the anticipated success of the Fairmont Zimbali Hotel.

The Fairmont Zimbali Signature Villas represent the ultimate in designer coastal living. These master-crafted signature homes will be equipped with every convenience and enjoy every amenity. The 11 Signature Villas each offer extensive designer living space with unrestricted views of the Indian Ocean with each boasting its own distinctive signature design determined by its unique site.

Villas
The Fairmont Villas are located high on a ridge overlooking the main Fairmont Hotel and Indian Ocean. These opulent homes provide privacy, luxury and exclusivity with their trademark rim-flow pools and lavish entertainment areas. Each of the six sites have been scrutinised by the architects to ensure that every residence is remarkable in terms of design while maximising the best views available to them. They will have full access to the hotel amenities and beach club, and be managed by the Fairmont Zimbali Hotel. Owners also have the option of participating in the rental scheme.

Apartments
The designer Fairmont Zimbali Apartments enjoy an elevated ocean-fronting position and are presented as the ultimate lock-up-and-go property. They offer full access to the Fairmont Zimbali Hotel amenities and management, and can also participate in the rental scheme. The Apartments will offer modern convenience and will be constructed in small blocks of between four and 14 units per block.

Golf Suites
The Fairmont Zimbali Golf Suites are the ideal property for an astute investor and a keen golfer wanting a well located lock-up-and-go home within a five-star management structure. Created to suit the specific needs of visiting golf enthusiasts, these twenty-one superbly located units face the fifth fairway and green of the existing signature Zimbali golf course. The three generously proportioned bedrooms are elegantly styled and all have en-suite bathrooms. Golf Chalet owners will enjoy full use of the Fairmont Zimbali hotel facilities and beach club.

With the spectacular Indian Ocean as a backdrop to the range of excellent facilities, every day at Fairmont Zimbali will be an opportunity to play to the fullest. For tranquil pursuits, one can take a languid stroll along the pristine golden Zimbali beach or indulge at the Willow Stream Spa.

Fairmont Zimbali offerings
Golf is integral to the premium lifestyle, with the keen golfer accommodated by the Tom Weiskopf-designed championship course rated as one of South Africa’s finest golfing experiences. Subject to the necessary approvals, there will also be an 18-hole par 72 Gary Player Signature Golf Course, modern Club House and a Gary Player Golf Academy with a state-of-the-art driving range.

For the astute investor who wants to own a magnificent holiday home without the downside of maintaining a second property, The Fairmont Heritage Place, Zimbali (South Africa’s most exclusive private residence club)will present the perfect solution. It will also offers owners a range of outstanding services and amenities designed to make the experience of each visit incomparably enjoyable. Personal services include doormen who greet you by name, concierges that attend to your every need, chefs, masseurs, child minders and housekeepers – who all deliver a memorable level of service.

Project Team
Client IFA Hotels & Resorts
Project Development Manager Mirage Leisure & Development
Interior Designer Keith Architects
Mechanical Engineer Africon
Electrical Engineer CKR Khanyisa Nala JV
Civil Engineer Africon
Structural Engineer Africon
Wet Services Engineer/ Fire Protection Engineer Africon
Kitchen and Bar Consultant The General Group
Environmental Consultant Guy Nicolson Consulting CC
Pro acoustic Consortium Jean Knoppersen/ Roshni Khanji
Hydraulic Engineer CBI
Health & Safety C & M Consultants
Specialist lighting Consultant Paul Pamboukian Lighting Design
Residential Interior Designer Partners in Design
Project Development Manager Coffey Projects
Principal Contractor Liviero
Procurement Agent WPS

http://main.constructionreviewonline.com/current.html

The Fairmont Zimbali resort complex will have 243 accommodation units including 145 hotel rooms and suites, 86 apartment and condo units, and 12 villas.

Shit this place sounds over fancy!

They are offering "special prices" to people that will come stay for a weekend and attend a 90 minute presentation of the villas and Zimbali lakes. This "special price" is between R2500 and R4000 per night per person depending on the room you stay in

missing payment by a day does not constitute breach of contract, however walking off site does

reading around a bit , it sounded a bit more like, "Pick up your goeters and dont come again".

personality clash, has to be.

at those prices, Hmmmmm my townhouse is going to make me a small fortune come footie time.

Realestateweb

Zimbali contractor to sue developer

Announcement

10 September 2009

Builder goes to court over luxury hotel debt.

Zimbali Fairmont contractor sues developers

Liviero Building cites IFA's failure to make R18 million payment, unlawful cancellation of contract and attempts to poach sub-contractors, warns it may press for developer's liquidation

Durban, South Africa, Thursday 10 September 2009 - Liviero Building, the principal contractor for the construction of the Zimbali Fairmont Hotel and Resort today instituted legal proceedings against the developer, IFA Fair - Zim Hotel & Resort (Pty) Limited in an attempt to recover R18 million owed to it by IFA.

"We had hoped it would not come to this, but IFA's attempt to avoid paying what it owes, by unlawfully cancelling its agreement with us, has left us with no choice. We were compelled to act to protect our financial interests," said Liviero Building's Chairman, Luca Liviero.

"To add insult to injury, IFA has made it clear it intends pressing ahead with the project illegally and to do this it has attempted to poach our sub-contractors."

The R350-million project at Zimbali Coastal Resort, KwaZulu-Natal, South Africa made headlines last month when Liviero Building requested that IFA pay up R18 million it owed the contractor. Liviero also asked IFA to show proof that it had enough funds to pay for the completion of the project.

IFA responded by announcing it had cancelled its contract with Liviero and stating its intention to press ahead with the project.

In legal papers served on IFA today, Liviero Building repudiated the developer's purported cancellation of the contract.

Liviero explained: "The agreement between our company and IFA clearly spells out the steps either party needs to follow before the contract can be terminated. IFA's so-called cancellation failed on several counts.

"Today, we have terminated the contract, citing the developers default. And our termination has followed the correct steps and is legally binding."

Liviero said summons had also been issued today on IFA to pay the R18 million, now more than two weeks overdue.

"If necessary this will, in due course, be followed by a further application to liquidate the developer. This is because the R18m is only for work done to the end of July and in terms of the contract we will also need to agree a final amount for work done up to date of cancellation.

"We will also, if necessary, take legal action to prevent IFA continuing with the project unlawfully," Liviero said.

Facts at a glance - according to Liviero:

Liviero's legal action follows months of delaying tactics and bad faith on the part of developers, IFA.

Fact 1 IFA has consistently paid Liviero late for work on this contract. Cumulative late payments amount to a total of 140 days.

Fact 2 Liviero was asked by IFA to buy a villa in the development and IFA would use the proceeds to pay for work done on site.

Fact 3 The Architect walked off site on the 21 August over non-payment by IFA.

Fact 4 Liviero placed IFA on terms on 26 August over non-payment of R18 million.

Fact 5 On 28 August Liviero asked IFA for proof of funds to complete the contract.

Fact 6 IFA's response to this reasonable request was to "cancel" the contract on 29 August.

Fact 7 To date IFA has still not paid the R18 million it owes, nor has it produced proof of funds to complete the project, as it states it does not need to produce this.

^^ getting more dodgey by the day...

^^ getting more dodgey by the day...

Has Fairmont Hotels pulled out of Zimbali given that this development is fast melting down?

It sadly reminds me of the Hyde Park Hotel project in Joburg which was abandoned when something like this occurred where the principal contractor halted building and investors withdrew en masse.

I can recall another project in Umhlanga area that was also abandoned four years ago called the Cradle Hotel which was backed by ANC billionnaire MZ Khumalo.

No fairmont have not pulled out nor will they. They already have one hotel in zimbali, this will be their second. This hotel will be completed, but i do see a protracted legal battle on the sidelines.

the cradle development was not in Umhlanga, it was also in zimbali, i dont know wat ever happened with that development as it was half way thru from wat i remember.

Spoke to the guy doing the electronics in here, theres some beeg kak going down.

No fairmont have not pulled out nor will they. They already have one hotel in zimbali, this will be their second. This hotel will be completed, but i do see a protracted legal battle on the sidelines.

the cradle development was not in Umhlanga, it was also in zimbali, i dont know wat ever happened with that development as it was half way thru from wat i remember.

Zimbali Hotel is 80% complete so it may not be open for 2010 WC. Sorry that it was financed from Kuwait where there is has been a complete property meltdown. Sure the Zimbali Hotel will be completed but after IFA SA is liquidated in the courts and the hotel project is auctioned off at a discounted price like what is happening to commercial properties all over SA right now. As for Fairmont Hotels, whoever takes over ownership of Zimbali Hotel then will then choose an hotel operator of their choice. Maybe they might want Rezidor's Radisson to run it as they already have exposure in SA with eight hotels in operation or U/C and they need to open one in KZN. This would be more viable in a changed economic climate than the Fairmont style which would be less profitable than a Radisson which would have less overhead. We may then call it the Radisson Blu Zimbali.

Dude sometimes i think you smoke something a little stronger than rest of us can buy...

The hotel was due to open in November this year so it would hardly be far away from completion. They already have new contractors on site, work is abuzz and finance is not a problem as many months ago they secured a loan from Nedbank for this development.

While i am all for conspiracy theories and the like, the fact is this hotel will be open and completed, it will be a fairmont (it would suck as a Radisson Blu, those are far more business orientated hotels, this is a beach resort hotel).

Additionally, IFA have made over R500million in sales at Zimbali in the past few months in conjunction with Tongaat Hulett. Zimbali is an icon development that is succeeding hugely despite the economic crunch.

I think the only issue here is the dealing between IFA and Lievro, the project is sure fire.

Agree, IFA despite taking a hit like every property developer on the planet IS well finnaced and has access to institutional funding.

this is a sand pit spat notheing more, I think Livero will come out of this with their cash but reputation in tatters

Liviero have a reputation?

Wow.. now thats a bit of a surprise.

lol, after Simbithi & Westbrook their reputation is right down the drain with me.

Hi Gents.
I have been following this development with great interest as I live in Ballito, and have noticed that you can access the Fairmont Reservations system on the following website now:
http://www.fairmont.com/zimbaliresort
It looks like Reservations seem to be available from 1st December onwards, and the Room rates are very high:
You can expect anything from R3795 - R9195 Per Night for a Hotel Room!!
They seem very confident in their offering.

Welcome Gary.

Welcome Gary, yip we were guessing in that price range. Very steep indeed but Im sure its worth it, but yeh they seem very keen on that completion date.

Welcome to the boards, Gary.

I can't wait for this place to open. I see they have quite a few restaurants. Can't wait to try them.

Hi Gents.
I have been following this development with great interest as I live in Ballito, and have noticed that you can access the Fairmont Reservations system on the following website now:
http://www.fairmont.com/zimbaliresort
It looks like Reservations seem to be available from 1st December onwards, and the Room rates are very high:
You can expect anything from R3795 - R9195 Per Night for a Hotel Room!!
They seem very confident in their offering.

One would think that they will operate along the lines of the Mauritius resorts - charge more per night to encourage you to take the 6/7 day stays at better rates

To add to what i said above, the list of restaurants in the resort is astounding. Here is a bit about them all:

31 Degrees

At the entrance to our resort, in the hustle and bustle you’ll find 31 Degrees. The perfect spot for a pre-dinner drink or a night cap to finish off hectic day of relaxing by the ocean, or you may simply want to immerse yourself in the luxury lounge surroundings. Whether you fancy a signature cocktail, a chilled glass of champagne or local beer the warmth of 31 Degrees is sure to entice you.

Ayoba

Ayoba is the quintessential beach experience with a casual cocktail mood that flows seamlessly into the evening providing food from Ma Kahza beach Club. Sit back, take it easy and enjoy a cocktails while the cool Indian Oceans breeze sweeps over you.

Bite

Bite is our pool side bar & grill, situated between the main pool and ocean, Bite is perfectly located to enjoy a view of main pool and offers a casual and uncomplicated alternative to end the day after the beach in a relaxed ambiance with our locally created summer cocktails crafted and perfected on the edge of the Dolphin Coast.

Dine outside or enjoy the cool shade. Bite has the finest selection of gourmet burgers available, fusing authentically local foods with international cuisine to create the perfectly balance meal. If something lighter is what you’re after then try one of our Asian inspired salads.

Coral Tree

Coral Tree offers sweeping views of the beautiful blue Indian Ocean, the perfect place to take breakfast and enjoy the splender of Zimbali Costal Resort.

With bountiful buffet offerings and a la minutes live cooking stations, you’ll be spoil for choice with the perfect mix of organic specials, healthy life style food, Coral Tree will leave you wanting more.

Why not joins us for lunch and take a break from the warm African sun and relax in the shade of Coral Tree for lunch? Our menu offerings will dazzle your taste buds and leave you prepared for your afternoon of stretching out and relaxing down by the pool.

Later in the day as the sun sets joins us for an array of attractive cuisine, uncomplicated Bistro style food and our special, ‘Durban Curries’ adding a touch of the local Indian influence that make KwaZulu-Natal North Coast the most unique destination South Africa.

Dalchini

Whether you’re just joining us here in Zimbali on the edge of the Indian Ocean or taking sometime time to enjoy our wide selections of teas and afternoon delights then Dalchini is the place for you. Come join us, sit back, relax and enjoy as you watch the world race by as our newest guests arrive and older ones reluctantly leave.

Dalchini offers a unique variety of afternoon tea and High tea. If a casual bite to eat is all your after then light sandwiches and other small bites are available.

Delicacy

If a relaxed quick grab and go or café style lunch is what your after? Then Delicacy is for you. Set on the outskirts of our beautiful Fairmont Zimbali Resort, Delicacy caters to the café, coffee connoisseur offering a wide range pre-wrapped sandwiches, salads, quiches and pies to enjoy wherever you would like, or in the company of our local Zimbali residents. Delicacy is a great place to meet mingle and enjoy a conversation in the comfort and privacy of Zimbali.

If a few small groceries is all your after, Delicacy also caters for you to browse and pick out those few small luxuries you enjoy in the privacy of your own room.

Ma Khaza

This rustic beach club is where you’ll find the perfect place to enjoy our fun and creative cocktails while you look over the pool onto the ocean. Ma Khaza has a casual beach atmosphere in a rustic setting with a wood fire pizza oven as the focal point and offers other rustic Italian foods, mezzah and grill. Enjoy yourself into the late evening, you can even enjoy your own Barbecue just outside of Ma Khaza.

OSA

Zimbali Costal Resort exclusive signature restaurant offers the privacy of an intimate dining experience at one of the finest prime dining venues in South Africa. OSA has a broad selection of South Africas finest wines and sophisticated handcrafted cocktails. Offering a striking design and decor it will entice your appetite.

Indulge in our tantilizing menu featuring South Africa’s finest grain fed beef, wet aged to perfection and a vast array of seafood. A modern and wide selection of sides dishes and accompaniments will make this a unique and memorable dining experience.

Vinum

Vinum is Zimabli’s answer to contemporary South African wine bars, set with views of the Indian ocean.

Indulge in a wide selection of fine wines by the glass and bottled as well as an exciting selection of tapas style bar food, menu items featured OSA our Signature restaurant.

Some awesome sounding places there...

Think I'm going to have to visit on a regular basis.

^^ and dont forget the array of new restaurants and bars at the Oyster Box, opening 1st October

No, you didn't mention that... damnit..
Í'm never going to be home anymore

^^ yup i did in its thread :)

Dammit, I need more money now, lol

Hi Guys,
My wife & I have just taken a huge leap of faith & bought a Fractional share in a 2-Bed, 2-B/R Townhouse.
We are spending our first week on the 26th SEP, and I will get you some insider photos of the Development.
I am attaching some photos of a 2 B/R Townhouse.

If anyone is genuinely interested in having a good look at these Villas and Townhouses you can contact the lady we dealt with:
cathy.humphreys@ifahotelsresorts.com

stunning photos there Gary, looks beautiful

does look real good hey. have an awesome time mate

My family and I spent a week at the completed Fairmont Heritage Place Villas and were spoilt rotten all week... We saw whales swimming by in front of us on the first morning, and a buck walking through the villas - not to mention being so close to the beach and hearing the breakers all the time.

They had some teething problems at the villas due to the main Hotel site and Beach Club not being complete yet (This affected their telephone system completely & TV system was erratic), but made up for those shortcomings by supplying all basic groceries free, and providing each home with a personal chef/s & cleaning staff for breakfast and dinner...

Stefcon are completing the Beach Club in 2 weeks, and Fairmont are busy negotiating with subbies to complete the Hotel around December.

I also managed to get photos of the incomplete Hotel, nearly complete Beach Club AND a Signature Beach Villa...! Amazing pictures.

I also found out that the room rates for the Presidential Suite is R40 000 per day and the Royal Suite is R25 000 day. (Not bad because I believe the One & Only charges R55 000 for their Presidential Suite).

I will submit photos as soon as time allows... pity I can't just insert into the post?

Sounds fantastic, Gary. Thanks for sharing the insights. Can't wait for this place to open.

And, no, as far as I know, you can't insert pics directly into a post. Sigh!

Code

Eish personal chef's, were they michelin five star chef's? lol, or is that asking for too much?
sounds like you had a great time Gary, pitty about the main hotel not being ready but for us guys we'd love to get a look at the place, heres a link to a thread with a step by step process showing you how to post pictures here.

http://www.skyscrapercity.com/showthread.php?t=787228&highlight=

Sorry guys - Eventually here are my photo's taken end of September.
I have posted in albums on FB, because I struggled with photobucket...!"£%$

Fairmont Signature Villa (Under Construction):
http://www.facebook.com/album.php?aid=2744&id=100000354597591&l=2f7ae7f5ab

Fairmont Resort Hotel (Under Construction):
http://www.facebook.com/album.php?aid=2742&id=100000354597591&l=961e0f91e5

Fairmont Beach Club (Almost Completed):
http://www.facebook.com/album.php?aid=2739&id=100000354597591&l=2c319b374c

Fairmont Heritage Place (Completed):
http://www.facebook.com/album.php?aid=2737&id=100000354597591&l=6fe3b432fb

The Resort Hotel will only be open for bookings from April 2010...

Stunning photo's there Gary, so how much shares you got in the hotel ? :D Seeing that the surname seems fimiliar, lol

The hotel does seem like there is a fair bit of work to do, but its looking great!
As for those Villa's :drool:

Thanks DB,

Hotel Rooms too expensive for me... broke the bank getting 1/13th share in Townhouse - but has given great pleasure in usage so far.

I have also managed to secure 2-weeks of Townhouse during semis/quarters & finals of 2010 World Cup... this will be great rental income!

The villa is breathtaking being right above the beach... a worthwhile buy for the right person/s.

Thanks Gary. It's looking really good!

Zimbali property developer scrambles to raise cash
Barry Washkansky*
20 November 2009


Fairmont Hotel put on hold, developer seeks to sell Boschendal Wine Estate.


CAPE TOWN- No progress is evident at the R350m Zimbali Fairmont Hotel and Resort development, after chief contractor Liviero Building stopped work, as it is allegedly owed R18m by the client, IFA Hotels & Resorts (JSE: IFH). IFA officials are still not giving any statement as to their position but an architect working on the project confirmed that work has stopped.

Tim Harlech-Jones of RSL Architects (a subsidiary of DSA Architects international), a company that was working on the project, confirmed that its work had halted and it is waiting for a new contractor to come on board before it could recommence work. He said there were a variety of contractual issues that needed to be unbundled before a new contractor could be signed up. He did say that IFA was talking to some of the "big contractors," and was confident that the project would get off the ground soon.

Harlech-Jones admitted to an outstanding payment from IFA but said it was "a trivial amount" and that RSL Architects was still happy to service the client when the project gets back on track.

Alan Cooper, media liaison for Liviero also confirmed that work had not commenced on the site and said "the two provisional sentence matters before the PMB high court in which Liviero claims payment of approx R18m were part heard on November 4 and will be finalised on December 2."

He also said that the "the project is approximately 85% complete" and that the original completion date was May 4. He added that the project would need another six months before it is completed.

Calvin Wright, director and co-owner of Stefcon Projects, the other major contractor on site, said that he had completed all projects and had no money owed to it by IFA.

The rumour mill around IFA's financial situation continues to be fuelled with the latest news that certain properties on Boschendal Wine Estate are to be auctioned off by the Alliance Group on December 7. IFA is a joint owner of the property and speculation is that the property is being sold to alleviate a nagging R200m debt to Nedbank.

*Realestateweb columnist Barry Washkansky is based in Cape Town. Barry's first job was selling property in the Woodstock area of Cape Town where he sold to many a hippy, professor and first time-home buyer. He now sticks to writing, mostly about property, in particular auctions.

Want to know whether you are about to buy a bargain property or whether your selling price is market-related? Click here to access Realestateweb's new property valuation tools! For less than R100, you can find out the real details about a property and a suburb anywhere in South Africa.

http://realestateweb.co.za/realestateweb/view/realestateweb/en/page197?oid=52106&sn=Detail


Wonder of dave offshore or dubai gary have some more insight!!!!!!TGuess washkansky will have to do, or others who said this ship is sailing.



PD.

Wait a min, I thought the new contractors were on site already?

news??

IFA are hurting in Dubai

Well IFA got some cash from these sales

Foreigner bags Boschendal home
Dec 07 2009 15:04

Joan Muller

Print story | E-mail article


Related Stories
Hyde Park hotel struggles
Homeowner bags $1m for 2010
House prices surprise on upside
Property trumps share returns
Top Stories
Eskom: Mines want govt injection
Jan 22 2010 20:39

SA's mining industry wants Eskom's planned tariff hikes to be lowered to 25% and for government to provide R14bn over two years.

Ray of hope for homeowners
Jan 22 2010 15:25

Homeowners, battered by the recession, are finally seeing light of day after data show mortgage arrears have plummeted.

Pioneer Foods to spend R900m
Jan 22 2010 15:33

Pioneer Foods chairperson Boy Blanckenberg says in the firm's annual report that capital expenditure will take it to the next level of earnings ability.



Tweet Article ...


Why not follow us on twitter. You can receive regular updates with regards to what is pertinent in the world of business and finance.


Johannesburg - South Africa is apparently still on the buying lists of big-ticket international property investors, with the historic De Goede Hoop homestead on the Boschendal wine estate in the heart of the Cape winelands snapped up by a foreigner for R23.5m on Monday.

Another two 21-hectare tracts of undeveloped land at Boschendal were sold at the same auction for R10m and R9.5m apiece to local buyers, in line with recent market valuations.

A well-heeled crowd of about 200 attended the auction, which was held on site at Boschendal near Franschoek. The much-anticipated sale of the landmark properties was concluded in less than 10 minutes. All three sales went to cash buyers.

Although Pam Golding Properties (PGP), which jointly sold the properties with the Alliance Group, originally planned to sell another two of Boschendal's crown jewels under the hammer - the Herbert Baker-designed Rhodes Cottage and 400-hectare Bethlehem farm - these were withdrawn shortly before the auction kicked off.

Hot heritage properties

PGP CEO Andrew Golding told Fin24.com the two heritage properties would instead be sold by way of private treaty, as the suspensive conditions required by the auction would have proved too onerous.

Golding said at least three offers have already been submitted for both Rhodes Cottage and Bethlehem farm by a mix of foreign and local investors. He expected the two sales to be closed within the next week at about R25m and R100m respectively.

Golding said the positive response to the Boschendal auction signals a huge vote of confidence in South Africa as a world class property investment destination. He noted that the opportunity to own a piece of such a prestigious estate is extremely rare.

"Discerning investors clearly realise the value proposition offered by iconic properties like these that seldom come onto the market."

The Boschendal estate, which is more than 100 years old and in extent of 2 200 hectares, is jointly owned by Kuwaiti-controlled, but JSE-listed, IFA Hotels & Resorts and mining group JCI.

- Fin24.com

Yes - they also sold their uber luxurious 32 Milkwood Street home @ Zimbali for R26.7 million late last year... The same property had been on the market for a few years @ R35 million...

Glad to see that this will be opening before the key World Cup period!!! despite the dispute delays...

AND, Fairmont Zimbali has secured Nike and Aussies tycoons to stay there for the World Cup period - with expectations to be fully booked!!!:banana:

Luxury (Fairmont Zimbali) hotel to open before World Cup

March 12 2010

By Suren Naidoo

Construction work has been stepped up to 24/7 on the five-star, R400 million Fairmont Zimbali Hotel development near Ballito to ensure that the beach resort is opened in May, before the World Cup.

That is the word from the Kuwait-based developers, IFA Hotels and Resorts (IFA HR), speaking to The Mercury this week. It comes in the wake of a row over an R18 million payment with its principle contractors, Liviero Building, which halted construction on the North Coast development in August.

IFA HR secured an interim order from the Durban High Court restraining Liviero from preventing construction access to the Fairmont Hotel site and cancelled Liviero's contract. A case is now before the Pietermaritzburg High Court.

Wessel Witthuhn, IFA HR president for Africa and Indian Ocean region, told The Mercury that despite the setback, the Fairmont Hotel would be completed by mid-May.

"We are steaming ahead, with work continuing 24/7 for the past month... I can't talk about the legal process involving Liviero now, but what I can say is that the hotel will open the month before the World Cup," he said.

"We have employed about 80 percent of the sub-contractors that originally worked on the project with Liviero to get the job done... we are financially sound and committed to our investment in Zimbali and other parts of South Africa.

"IFA is the biggest foreign investor in the tourism industry in KZN and our total investment in SA is more than R1.7 billion.

"We will deliver what we promised at Zimbali - the first internationally branded and operated five-star beach resort in the country."

Witthuhn said the hold-up on the Fairmont Hotel because of the dispute had significant cost implications for the project, but he was loath to give a figure.

"Essentially it's now a matter of putting the finishing touches and fitting out the hotel.

"We will have a 'soft opening' in May and, after the World Cup, a high-profile grand opening.

"We also plan to launch construction on the R150m Gary Player championship golf course soon."

Witthuhn said the new 156-room Fairmont Hotel at Zimbali had secured bookings for the World Cup period.

"This hotel is not signed to Match, but we've already got bookings from Nike bosses for a two-week period during the tournament and an Australian businessman has booked out our presidential suite.

"We anticipate full bookings during the event."

Tourism KwaZulu-Natal chief executive Ndabo Khoza welcomed the news that the hotel would be open in time for the tournament.
http://www.iol.co.za/index.php?set_id=1&click_id=180&art_id=vn20100312120513854C858969

We did an insurance claim there, with regards to a burst sewage pipe, didnt get to go to site with the engineers, maybe a good thing.....

finally moving ahead!! there were some pics with that article on the net, awesome looking - all the planting looks done and dusted and the pools look awesome - great to see it is finally near opening!

http://i41.tinypic.com/adguty.jpg

^^ thats the one. Its mamouth!! Those pools by the dunes and beach look amazing. This will definately revolutionise the resort offering of the north coast

Here are the latest amazing photo updates of the resort, early February - Enjoy:

http://pbckt.com/sg.X9Z

I have original High Resolution photo's, but cannot paste them onto SSC.

those are awesome pics Gary! thanks for sharing!

Great pics gary, seems that there is still a bit to do outside. I wonder if they actualy going to be ready for June.Nonetheless im looking forward to staying at zimbali for the world cup. 1 month of football, gonna be great.

The outdoor stuff looks very easy to rememdy, landscaping and paving is super quick. I would be more concerned with the interiors and staff training...but we have no idea whats going on there...

Are you staying at this Fairmont or the existing Fairmont? Fairmont Resort, or Fairmont Lodge

http://i41.tinypic.com/adguty.jpg

This pic and the others are at least a couple of months old now... They say it will be open mid May and are already taking booking for late May going into the WC...

"This hotel is not signed to Match, but we've already got bookings from Nike bosses for a two-week period during the tournament and an Australian businessman has booked out our presidential suite.
"We anticipate full bookings during the event." says IFA

TKZN tells me that SA Tourism will be having a staff junket at the new hotel next week, ahead of Indaba...

This place finally opens its doors officially next Monday with the IFA bosses from Kuwait/Dubai coming out!

http://i41.tinypic.com/adguty.jpg

Is it purely coincidental that the built mass appears to form a perspective tilt of the African continent?!

Sharp eye! Didn't even notice that!

oh ya, it does look like that......kinda, lol

FAIRMONT HOTELS & RESORTS ADDS SECOND PROPERTY IN ZIMBALI, SOUTH AFRICA

Posted on: Tuesday June 1 , 2010

Fairmont Zimbali Resort opens the doors for fans of the 2010 FIFA World Cup

Fairmont Hotels & Resorts is pleased to announce the opening of Fairmont Zimbali Resort, an exclusive and elegant 154-room property, located along the sublime eastern coast of South Africa. Fairmont Zimbali Resort joins the Fairmont Zimbali Lodge, a 76-room property set nearby along the beach.

Zimbali is the Zulu word for Valley of Flowers. Nestled between the pristine beauty of a 700-hectare forest reserve and the shimmering beaches of Kwa-Zulu Natals Dolphin Coast on the Indian Ocean, Fairmont Zimbali Resort is an oasis of unspoiled beauty.

The resort is just 15 minutes from the brand new King Shaka International Airport (KSIA). Soccer fans will appreciate being just a short drive away from Durban, one of the nine host cities of the 2010 FIFA World Cup that kicks off in mid-June.

Spectacular ocean views, tasteful architectural design and a plethora of dining options are the trademarks of Fairmont Zimbali Resort. With sweeping private verandas and luxurious soaking tubs, guest rooms are styled with stone, wood and the natural materials of the African environment. The range of dining rooms and lounges offer something for every palate, including an elegant steakhouse serving South Africas finest grain fed beef and seafood, a beach club offering wood-fired pizza and barbecue, a sensual wine and tapas bar, pool and beach side cocktail bars and a relaxing tea and coffee lounge featuring strong African roasts and Fairmont teas.

With ample space to relax and play and a stunning ballroom that can accommodate 180 guests, the resort is ideal for entertaining conferences, weddings and galas. Those planning to say I do have the option of taking their vows in a chapel among the birds and butterflies of the tropical forest, or at the edge of the Indian Ocean on one of the most exquisite beaches in the world.

The site is surrounded by an abundance of recreational sites and activities. Game-viewing expeditions, safari outings, animal and crocodile farm tours, horseback riding, hiking, mountain biking, surfing, micro-light flying, boating, fishing, shark and dolphin tours are all within easy access. The rich heritage of KwaZulu-Natal is a cultural wonderland for learning and exploration, with historical Zulu battlefields and two UNESCO World Heritage sites nearby: the iSimangaliso Wetland Park and the uKhahlamba/Drakensburg Park.

For guests who prefer not to stray from the Resort, the Willow Stream Spa offers a perfect place to escape, with eight treatment and steam rooms.

There are also five outdoor swimming pools onsite, including a freshwater pool and saltwater pools overlooking the Indian Ocean. For golf aficionados, an 18-hole golf course is currently under construction, designed by golf champion, Gary Player. At the nearby Zimbali Country Club, the Tom Weiskopf-designed course, one of the finest courses in South Africa, is already in play.

The property is equipped with high-speed Internet access and video-on-demand, ensuring that even along this unspoiled shoreline, guests never need be out of touch with the latest news, movies and games.


http://www.eyeofdubai.com/v1/news/newsdetail-44665.htm

more expensive than Armani Hotel Dubai.. B/B R5600.00...:lol:

hey SA B... staying here for WC ... very very very impressed... DXB specs all round... with DURBS restaurant prices what a pleasure.

:cheers:PD.

This is all i could get... anyone with more access to info?

Court stops closing of KZN hotel

23/09/2010

The owners of the R600m Fairmont Zimbali Hotel and Resort on the KZN North Coast went to the KZN High Court (Durban) yesterday to stop the local municipality shutting them down. (This is the Ilembe municipality, not eThekwini)

http://www.legalbrief.co.za/article.php?story=20100923082057517

Here's a full report...

------------

Thursday Sep 23, 2010
Closing of Fairmont Zimbali hotel forbidden by court

The owners of the luxury R600 million Fairmont Zimbali Hotel and Resort on the KwaZulu-Natal North Coast dashed to the Durban High Court yesterday to stop the local municipality shutting them down.

Fahad Al Shamlan, investment and acquisitions manager of IFA, said in an urgent interdict application heard by Acting Judge Aslam Motala that the KwaDukuza municipality had withdrawn the company's temporary occupancy certificates.

This, he said, had been done not because of concerns about the quality of building, but because engineering consultants Aurecon Engineering (previously Africon) had withdrawn their completion certificates after a dispute over fees.

IFA is a Kuwaiti company listed on the JSC. Its multimillion-rand exclusive development, which opened in June, has been dogged by problems.

Construction came to a halt at one stage because of a financial dispute with the main contractor, Liviero. The dispute has yet to be resolved. While IFA has been ordered by a court to pay R18m to Liviero - which is threatening further legal action - IFA says it will counterclaim for damages for contract performance breaches and default on construction.

Now it seems IFA has a similar dispute with Aurecon. IFA says Aurecon has launched proceedings to wind up the resorts company.

IFA is opposing the action.

Aurecon acknowledges being in dispute with "one of the companies in the IFA group". Spokesman Hein Grobler declined to comment further.

In his affidavit before the court yesterday, Shamlan said business was booming at the resort and revenue of R2.6m was expected this month from rooms alone. Total monthly revenue was expected to exceed R5m outside high season and peak periods, he said.

But all of this was at stake because of the "irrational decision" not to extend the temporary certificates issued in June.

Shamlan said Aurecon had informed the municipality that it had withdrawn its professional completion certificates last month "because of non-payment of fees".

"This was nothing short of astonishing," he said.

"There is nothing in the (National Building Regulations and Standards) Act which permits a professional person to withdraw such certificate once it has been issued as a certification of his professional opinion.

"Non-payment of professional fees cannot possibly affect the soundness, safety or legality and compliance of installations so certified."

Shamlan said the dispute with Aurecon was of long standing and the withdrawal of certification was "doubtless an attempt to exert yet more pressure on IFA to pay its fees, in respect of which there exists a genuine dispute".

Explanations to the municipality about the dispute had fallen on deaf ears, Shamlan said.

Under the temporary order issued yesterday, the hotel and resort may remain open and the municipality may not try to shut it down for now. The municipality is to file opposing papers and the matter will be back in court early next month.

The Mercury


http://www.iolproperty.co.za/roller/news/entry/closing_of_fairmont_zimbali_hotel

Despite their legal woes, it seems the hotel is doing a roaring trade....

--------------------

Municipality wanted Zimbali Fairmont Hotel shut
Barry Washkansky
23 September 2010

CAPE TOWN - The Fairmont Zimbali Hotel soap opera is now into its second year of court cases and media coverage and shows no sign of slowing down.

To IFA's credit, the Dubai based Kuwaiti company, still managed to open its doors and is offering a good product, according to some. This is despite numerous disputes with contractors over pay, non performance and pretty much anything else that developers and contractors fight over.

IFA has been embroiled in a dispute with Liviero, the principal contactors for the construction of the Zimbali Fairmont Hotel and Resort in Kwa-Zulu Natal, for more than a year and on Friday, August 27 a judgement was handed down by the Pietermaritzburg High Court ordering IFA to pay about R18m still owing to Liviero.

So round one to Liviero, albeit a very long round, but as guests come and go at the new hotel it now has a new headache to contend with. It was reported in the Durban based, Mercury that the local Kwadukuza municipality was seeking to shut down the hotel by withdrawing the company's temporary occupancy certificates.

The owners of the R600m development rushed to court and allegedly can keep the hotel open. The reason for the latest court battle is that Aurecon Engineering (previously Africon) withdrew its completion certificates in a dispute over payments.

Fahad Al Shamlan, IFA's investment and acquisitions manager, reported in court that the hotel was doing well and the resort was expecting to take in excess of R5m monthly, outside of peak periods. He said the decision to withdraw a certificate of completion "because of non payment of fees" was astonishing.

Under the temporary order issued - the hotel will stay open and no attempts may be made to shut it down for now. The municipality will oppose this and the parties will be back in court soon.

In the meantime Liviero is still pursuing IFA for all its outstanding money, its final account is in the region of R45m. This is not including any amount for damages, entitlement claims etc, which it can claim for according to the judgement.

Mirage Leisure, the project managers have also filed papers to liquidate and apparently Real Landscapes are also suing for non payment.

http://www.realestateweb.co.za/realestateweb/view/realestateweb/en/page197?oid=65933&sn=Detail&pid=1

seems IFA not keen to pay its contractor or consultants so they must expect this. Its crazy that they think they can opperate like this in SA but I supose as companies opertate like this in the gulf maybe its normal to them. As they have a SA CEO in DUbai I would have thouht they would not be in so many fights on Zimbali

so its Livero the contractor ,Africon consultant, Mirage Mille Project Managers and Real Landscapes all unpaid and all looking to liquidate the resort.... someone is in poo on this

Ya, as i said many months ago - Liviero were the tip of the ice berg, it seems IFA have some dodgey business practices. Its easy to say just Lievero were causing problems, but when all your contractors/consultants start taking you to court you know that its something IFA have done

Anyone been to the hotels restaurants or bar?

Thursday Jul 28, 2011

Major Zimbali contractors bicker

The luxurious R600 million Fairmont Zimbali Hotel and Resort stands proudly on the North Coast, its beauty adorns the pages of glossy magazines and its splendour attracts upmarket guests from South Africa and abroad.

However, the small subcontractors who put their energy and resources into the construction and completion of the resort are struggling to get the millions of rand owed to them, despite completing work on the prestigious project they believed would put their businesses on the map.

The problem started in August, 2009 when the main contractor, G Liviero and Sons, walked off the site, claiming it had not been paid by Dubai-based developers IFA Hotels and Resorts.

Desperate to get the resort completed in time for the World Cup, IFA entered into contracts directly with some of the remaining subcontractors on site. But a legal wrangle between Liviero and IFA over which party breached the contract, and who thus owes whom money, means the smaller contractors have not been fully paid by either party.

Last year, IFA was instructed by the Pietermaritzburg High Court to pay R18m to Liviero. However, because IFA is filing counter-claim, the amount

a must be kept as security and cannot be used pending the outcome.

And as Liviero's contracts with the subcontractors state that payment only has to be made when it is paid, the company argues that it is not obliged to pay the subcontractors until the funds are released.

Peter Barnard, of Cox Yeats Attorneys, who acts for most of the subcontractors, said his clients argued that Liviero should not withhold payment for this reason as, in the "strict sense", it had received payment.

The subcontractors and Liviero have agreed to refer the matter to arbitration.

Stefcon, the builder of the suites and condominiums surrounding the hotel, was also awaiting payment from IFA, and could not pay its subcontractors either, said Barnard.

The amount owed to the subcontractors by Liviero was about R12m, and more than R2 million by Stefcon and IFA.

Isidingo Plumbing owner Leslie Sydney said he was owed money by IFA, Liviero and Stefcon. He said if it had not had some money put away, his business would have closed a year and a half ago. The company is owed more than R4m by Liviero, IFA and Stefcon.

"It has been difficult, and it all comes full circle because we owe money to our suppliers, and they want to now take legal action against us. Last year, one company wanted to liquidate our company," said Sydney.

Barnard said most of the subcontractors had received payment certificates for the money owed by IFA, but they were not signed.

IFA president Wessel Witthuhn said it was in the final account stages with the subcontractors, none of whose work had been signed off. "There are snag lists and they must come back and finish their work."

But Gavin Marshall, owner of Master Sundecks, responded that his firm's work had not been signed off because the professionals who should have done so had not been paid either. He added that the claim that the work was defective held no water.

"He (Witthuhn) is having weddings and high-profile parties there (at Zimbali), and is entertaining people on my decks. Whenever I have tried to go there to see these defects, there are people swimming in the pool and having photographs taken on my deck, so how can they be defective? He would also need to have indemnity for those people's safety and he wouldn't be able to (get indemnity) if the work was defective."

Marshall said he was owed R900 000 by Liviero, R250 000 by IFA and R180 000 by Stefcon.

"This has crippled our finances. I am living off my wife's salary," he said.

The Mercury


Posted at 07:55AM Jul 28, 2011 by Editor in Market


http://www.iolproperty.co.za/roller/news/entry/major_zimbali_contractors_bicker

So how far is this project at the moment? I though this development was completed????

Done, and stunning.

Was there 2 weeks ago, bumped into Shiek Al Maktoum. He has a huge convey with him when he travels hey!

and the lakes resort is about to start. Rumour is that of the two hotels there one will be a hyatt the other hotel will be the first 4 star option in zimbali, but also under an international brand