To develop and acquire completed bulk residential accommodation in the affordable residential and student housing sectors, and to retain these assets as investment stock for combined capital and income growth.
The Uvest Property Group has an existing pipeline in excess of R1 bn in new and existing residential opportunities, which have been pre-identified for this purpose.
Initial research and informed studies have been conducted to support the investment rationale underpinning these development opportunities.
CORRELATING & SUPPORTING MARKET FACTORS
Demand for well-located, quality, affordable housing and student accommodation in South Africa currently by far exceeds the market supply.
Strong demand for rental accommodation in these sectors due to significant affordability constraints for end-users aiming to acquire property ownership, attributable to the reluctance of commercial banks to adequately fund prospective home owners in the affordable housing space.
Strategic location of residential housing stock focused on a strong interface with existing commercial, social and schooling infrastructure ensuring integrated community housing solutions in a previously neglected market segment.