Global Edition

Troon Golf wins first contract in South Africa

12.30am 24th July 2007 - Corporate

Troon Golf ® has been selected to manage Pearl Valley Signature Golf Estate & Spa. Located amidst the rugged beauty of the Western Cape, Pearl Valley marks the first Troon Golf facility in South Africa.

Pearl Valley’s Jack Nicklaus Signature Golf Course is ranked number six on Golf Digest’s list of “South Africa’s 100 Greatest Courses” and will soon host The South African Open for the first time. Known as the second oldest national Open in golf, the tournament will welcome Ernie Els in December 2007 when he attempts to defend his title.

The 18-hole Jack Nicklaus Signature Golf Course lies at the base of the Drakenstein Mountains and is just one of the many amenities that serve the 500-home gated community, located in the heart of Cape wine country. With an additional 18 holes that will soon be developed, the private community features a luxurious clubhouse overlooking the finishing hole.

Pearl Valley was recently acquired by Leisurecorp, a subsidiary of Dubai-based Istithmar PJSC, which is looking to expand the community’s facilities to include additional outdoor activities, further residences and the addition of one or more luxury resort hotels.

“We are excited to announce Troon Golf’s first management contract in South Africa and believe Pearl Valley to be one of the world’s best golf communities,” stated Bruce Glasco, senior vice president & managing director of Europe, Middle East & Africa, Troon Golf. “Leisurecorp clearly has ambitions to grow its golf operations around the world and we look forward to playing a key role in their expansion.”

“Pearl Valley is a world-class golf course, deserving of the world-class management skills for which Troon Golf is known,” stated David Spencer, chief executive, Leisurecorp. “As Leisurecorp aims to acquire a distinguished and diversified portfolio of properties, we foresee a long and beneficial relationship with Troon Golf.”

Headquartered in Scottsdale, Arizona, Troon Golf is the world’s largest golf management company, overseeing operations at more than 185 courses located in 31 states and 23 countries.

Troon Golf www.troongolf.com
Pearl Valley Signature Golf Estate & Spa www.pearlvalley.co.za

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