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South Africa Summit to discuss golf real estate

Success factors in golf real estate will be under discussion during the fourth annual South African Golf Summit at Fancourt in George from 29 March to 1 April 2009.

As part of a broader theme of global economic turmoil and its effects on the South African and world golfing industries, international golf and tourism development strategist Andrea Sartori will address candidates on the key success factors of top performing real estate in golf resorts and communities.

Sartori, head of KPMG’s Golf Advisory Practice for Europe, the Middle East and Africa (EMA), was the initiator of at least three major golf related studies in the past year including the Value of Golf to Europe, the Middle East and Africa, the Golf Course Development Cost Survey 2008, and Golf Travel Insight.

“The game is booming here, especially golf tourism and real estate. Golf courses are increasingly being used to support quality residential developments across EMA and several countries are capitalising on the benefits that golf tourism can bring to their economies,” said Sartori.

Fancourt CEO Ingrid Diesel said Sartori’s presentation at the SA Golf Summit would give perspective to the South African context, also in relation to the presentation of relevant results of the economic impact study commissioned by the Professional Golfers Association of South Africa (PGA of SA) which will also be discussed.

“As golf becomes an increasingly important economic participant in South Africa, it is more essential than ever for the local industry to pursue all aspects of the game and its value as a sport and economic driver. We appeal to all stakeholders of this important sector to attend and participate at the SA Golf Summit 2009 to ensure that our industry not only remain relevant but also respond appropriately, as a unified voice, to economic, political and other pressures.”

The SA Golf Summit, which was initiated by Fancourt in 2006, has become an internationally recognised forum for government, property developers, tour operators and investors to discuss the development and role of golf resorts, courses and estates.

Reservations for the fourth SA Golf Summit can be made by calling 044 804 0020 or via email to sagolfsummit@fancourt.co.za

December 31, 2008



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