Luxury travel firm Intosol Holdings is acquiring a South African safari lodge in one of the premier locations globally to see the Big Five in the wild.
The Leadwood Safari Lodge site covers four-hectares which will house up to fifteen high-end safari chalets in the Leadwood Big Game Estate.
The property, which has been purchased for nine million rand, will be included in the company’s Soul Private Collection.
It is situated between the Kruger National Park and the Blyde River Canon, both renowned for their outstanding natural beauty and the diversity of the wildlife.
The deal comes less than a month after Intosol Holdings, with offices in Germany, London and South Africa, made its debut on the London Stock Exchange with a valuation of £11.4 million.
The lodge is a 20-minute drive from Hoedspruit airport, which has links to locations where other company properties are located including Ocean’s Wilderness, its flagship nine-bedroom boutique hotel in the Garden Route.
Intosol executive chairman Rainer Spekowius said: “The Leadwood Big Game Estate is a globally renowned destination for the Big Five.
“We believe the lodge will enhance the Soul Private Collection’s existing portfolio due to its stunning surroundings and the opportunity it presents to observe the Big Five in their natural habitat.
“Its close proximity to nearby airports is a real advantage enabling guests to enjoy breakfast in Cape Town, or on the Garden Route, in the morning and experience an outstanding game drive in the afternoon.
“Designing tailored safari experiences is already a key element of the Intosol business, as we manage a high number of bookings in the Kruger region already every year.
“The safari lodge is in an outstanding location and we believe will enhance our clients’ experiences, as well as proving to be a valuable property that bolsters our asset backing and financial performance.
“I look forward to updating shareholders in the coming year as we build our travel business and deliver the Leadwood Safari Lodge.”