Syndication

We continually pounce upon lucrative commercial and industrial property investment opportunities which we are able to syndicate amongst more than one client.

For example, Justin Leve was involved in the formation of a property syndication which acquired two dilapidated industrial parks in the Northern Suburbs of Cape Town, each park comprising a GLA of approximately 5,500 m² and split into industrial units of various sizes.

The syndicate then took the decision to refurbish, sectionalise and sell one of the industrial parks at a significant profit.The proceeds from the sale of this development were then used to repay shareholder loans and flatten the mortgage bond.

The remaining spare capacity was used to purchase another fully let prime industrial property with an income stream yielding a highly competitive return.