Trump's Ties to His Birth Land Revealed in Cape Town Business Deal

South Africa: Trump Stamps Brand on His Birthland Country's Property Gems

Chris Van Gass

23 September 2010

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Cape Town — The Trump brand of hotels and residential developments will soon be part of the South African scenery, with at least eight projects, including the possibility of a 250 to 300-bed luxury hotel, being considered in the Cape "soon".

This would be part of a 10-year property deal clinched by local property "visionary" Neill Bernstein and US billionaire business maverick Donald Trump. 

"Donald Trump wants to give back to his community," said Rivolo Tarantuliari, a project manager with ties to the joint venture. "He was born here in Cape Town and wants to eventually come back home to where his roots are."

The joint venture deal covers leisure, golf, hotel and residential condominiums and "condo-hotel" developments in SA and Mauritius. It is expected to create "saleable" real estate worth about R5bn in the first three years.

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