Thursday, 13 August 2020 19:14

Irene Court: From eyesore to urban asset

Despite its potential, Irene Court was a run-down apartment building in the central business district of Bloemfontein.

TUHF Limited has secured a R700 million investment from Standard Bank through the bank’s Debt Capital Markets team.

The outgoing Mayor of Johannesburg, Mr Herman Mashaba was among a line-up of expert speakers in the property, urban planning and government sectors, assembled to tackle the question of how to unearth inner city potential - making investment more accessible and profitable.

Paul Jackson has been appointed as a Member of the Board of Directors, effective 04 October 2018.

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

Monday, 07 November 2011 02:00

High-rise returns

The big banks may well have backed out of seemingly high-risk inner-city property markets but alternative lenders, private equity funds and institutions are starting to pick up the slack

Friday, 28 October 2011 02:00

High-rise returns

US-backed private equity fund International Housing Solutions, which entered SA’s affordable housing market in 2008, recently breached the R1bn lending mark.

Wednesday, 08 April 2009 02:00

New precinct in the Inner City

A less posh version of favourite social spaces like Melrose Arch, the 120 End Street development is within walking distance of 150 000 residents in Hillbrow, Berea, Joubert Park and the city centre.

Wednesday, 04 September 2002 10:01

City project rejuvenates the untouchable

With arrears written off by the municipality, the inner city is beginning to look attractive

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