Details of attack on property tycoon Cavaleros

The chairman of a property group that owns hotels in Sandton and numerous other big properties remains in critical condition in hospital.

The Cavaleros Group has confirmed that its chairman, Cosmas Cavaleros, is in a critical condition in hospital.

Cavaleros was driving a gold Bentley when he entered an underground parking area in Menlyn Maine, a new shopping and restaurant development in Pretoria east.

Cavaleros Group spokesperson Leila Daya said in a statement that three men, two of whom were armed with pistols, approached Cavaleros and his partner as he “put down the window to pull a parking ticket to enter the Menlyn on Maine Parkade”.

“As the firearms were pointed at their heads, Mr Cavaleros accelerated and drove through the booms, hitting one of the concrete pillars, which caused the air bags to deploy. The armed men tried to remove jewellery from the passenger but were disturbed and fled the scene.”

She said a passer-by from Swaziland had assisted with CPR while the ambulance was being awaited.

Cavaleros was taken to the Unitas Hospital.

He is the chairman of the Cavaleros Group, a privately owned property investment and development company. The group is involved in commercial, industrial, hotel, retail and residential property developments.

According to its website, the company owns an impressive property portfolio, including the Hilton and Maslow hotels in Sandton, Norwood Mall, Village View Shopping Centre, Bedfordview, the Pick n Pay head office in Kensington, various big supermarkets, Samrand’s Flagship Building and numerous office parks.



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