The Newspaper - July Edition 2014

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stories that are life changing

July 2014

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Viva la France, viva la Franschhoek!

This year marks a major milestone as the Franschhoek Bastille Festival turns 21! The festival takes place from 12-13 July. A highlight of this year’s festival will be a performance by a troupe of 10 Seychelles dancers and musicians who will take part in the street parade, and will also perform in the Food and Wine Marquee on both days.

Not only will they be performing, but they will also be judging the Best Seychelles Dance as performed by keen festival goers. The prize for the best performance is two return tickets to Seychelles (departing from Johannesburg), courtesy of Air Seychelles. The prize also includes six nights’ accommodation in the Seychelles, courtesy of Eden Island Development Company (Seychelles) Limited. This prize will be awarded on Saturday and Sunday. A highlight not to be missed!

THE NEWS Page 3 - 4

Franschhoek Bastille Festival Celebrations 2013

FOOD Page 9 - 10

The Food and Wine Marquee, The meeting place, is where you will find fabulous wine and food, created by some of the Valley’s celebrated winemakers and chefs.

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The award-winning Val de Vie Estate will soon expand after acquiring a portion of the farm Kliprug, belonging to neighboring Pearl Valley Golf & Country Estate, combined with their recent purchase of the Levendal Development from the Power Development Group.

In doing so this residential node of Val de Vie and Pearl Valley will become the benchmark for secure country estate living, as well as give Val de Vie residents direct access to Pearl Valley’s renowned Jack Nicklaus Signature Golf Course. The Opportunity - Val de Vie Estate

has acquired, subject to certain conditions, 322 hectares of Kliprug which lies between Pearl Valley Golf & Country Estate and Val de Vie Estate. The undeveloped land, originally used for clay mining, has approved rights for 1094 residences, which includes farms, single and multiple unit residential opportunities. The development will be incorporated into Val de Vie in phases over the next 10 years, starting early next year. Pearl Valley will retain 20ha of the land allowing for the development of an additional 150 stands within the exist-

ing Estate. Under the stewardship of new shareholder Standard Bank, Pearl Valley is reviewing their Development Master Plan, which will see the development of various alternative residential opportunities. “Pearl Valley offers several fantastic real estate investment opportunities. With the sale of land to our neighbour, this further assists us to fulfil our Development Master Plan objectives,” says Rory Roriston, formerly Head of Real Estate Asset Management at Standard Bank and now Managing Director of Pearl Valley Golf & Country Estate.

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