Cape Town - IP Global, an international property
investment company that has invested over $2 billion for off-shore investors
across 30 markets worldwide, is now an official patron of the Professional
Golfers Association of South Africa (PGA of SA).
Building on its already proud support
of golfing communities and their development in other parts of the world, such
as the United Arab Emirates (UAE), IP Global will be the PGA of SA’s exclusive
property investment partner for a minimum of three years.
The company, which has offices in
Hong Kong, Singapore, Shanghai, Dubai and Abu Dhabi, has decided to expand its
global golf footprint to South Africa and Africa, a well-known greenhouse for
international golf greats such as Bobby Locke, Gary Player, Harold Henning, and
more recently David Frost, Ernie Els, Retief Goosen and Louis Oosthuizen.
IP Global’s agreement with the PGA of SA, to the value of R100 000
per year, kicked in on November 1, 2015 and will continue until October 31, 2018,
and possibly beyond. The company is now an official partner of the African arm
of arguably the largest professional golfers association in the world. It will
be involved in tournaments such as the National PGA Championships and National
Apprentice Championships, as well as in PGA education workshops.
David Miles, Senior Regional Marketing Manager, Europe, Middle East & Africa at IP Global, says: “We all know golf is a brilliant test of character.
Thinking strategically, keeping cool under pressure and playing with precision
and integrity are as important in golf as it is in business and in life. It’s
also no secret that the greens are where business relationships are cemented
and business opportunities explored. That’s why IP Global
believes it’s so important to invest in golf in Africa and its development.
Whether it’s through supporting school sport development, widening the net of
talent identification, or improving accessibility to golf through affordable
memberships, we would like to see more share in the culture, value system and
opportunities that golf represents.”
IP Global has been a strong supporter of
the UAE golf scene for the last eight years. Its involvement commences with a
patron sponsorship of the UAE PGA, followed by various event sponsorships at
UAE golf clubs, and more recently the development of its own golf event
calendar. “We’ve increased our expenditure year on year and have become a
recognised name within this golfing community. With a successful, proven
formula in place we now want to expand our investment into golf, and to replicate
our support of the PGA and our own world-class event calendar outside of the
UAE. The next natural step is South Africa,” says Miles.
In addition to its PGA involvement, IP
Global will also host a number of 18-hole corporate pro-am golf days at clubs throughout
the Western Cape next year.
To mark the start of its role as PGA of SA
patron, IP Global hosted a four-ball pro-am shotgun-start golf day at the
Jack Nicklaus signature golf course at Pearl Valley Golf Club outside Paarl in late November. The golf day was bolstered by the inclusion of
no fewer than 18 pro players: Louis Destroo, Graham Webster, Gavin Woodroffe,
Wayne Bradley, Blanche Lamprecht, Mike Michell, Ian Kennedy, Neil Whitehorn,
James Wade, Gregg Upton, Jonathan Bartlett, William Guy, Andrew Mackie, Ben
Fouchee, Pierre van Vuuren, Marlon Swarts, Dan Heyns and Regardt van Rooyen.
The pros played alongside invited potential investors, media members and IP
Global investment experts and advisers.
This followed the opening of IP Global’s new
office in Century City the previous day. The office will initially focus on sub-Saharan markets that are already showing a healthy appetite for off-shore
property investment, such as South Africa and Zimbabwe. In the next five years
IP Global will target other African markets in which it has a client base, such
as Nigeria, Ghana,
Kenya, Tanzania, Zambia, Mozambique, Botswana and Uganda.
At the same time this gives the
company an opportunity to further share its off-shore property investment
offering with Southern Africa, where investors’ demand for access to overseas property markets continues to
flourish. This trend has enabled IP Global to grow its African operations over
the last two years and will saw it open the doors of its new Africa
headquarters in Cape Town on Wednesday, November 25, 2015.