Wednesday, 29 January 2014 13:14

Housing projects expand beyond small developers

Out of SA's total university student population of about 535,000, less than 20% of students can be housed on university campuses.

On behalf of its clients, Futuregrowth's Development Equity Fund, has purchased a 12.5% equity stake in Johannesburg urban renewal property group TUHF (Pty) Ltd for R25m which will boost affordable housing in Johannesburg CBD. TUHF provides commercial property finance to emerging and established entrepreneurs to purchase and refurbish affordable rental housing residential buildings in the inner cities of  Gauteng, Durban, Pietermaritzburg, Port Elizabeth and surrounding areas

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