We co-invest in multi-tenanted property projects mainly in two instances. Firstly, when a potential investor is unable or unwilling to invest the full deposit (equity) required by a commercial lending institution. Secondly, where a viable property investment has been over-geared and needs a restructuring of the existing debt, converting debt finance to equity finance.
Finance will be considered for:
- Property investments in sustainable areas offering good growth and/or return on investment, preferably in metropolitan areas;
- Retail, industrial, and commercial multi-tenanted properties with a value of between R2 million and R120 million;
- Properties that require reconfiguration or upgrades;
- Cut-up-and-sell properties;
- Industrial leasebacks.
The prospective property investor may choose to either have an active role or be a passive investor.
Residential properties, agricultural properties, and mines are excluded.
Ideally up to 10 years.
Minimum and maximum loan amount:
R500 000 to R30 million.
Own contribution requirements:
A proportionate share of the equity will be required and will influence the shareholding percentage.
Required documents for application:
Details of the property and supporting documentation.
The entrepreneurs’ latest personal assets and liabilities.
Want to know more about our financing criteria? Click here for our Property Joint Venture FAQ.