Our Family Office Secures R1.2 Billion Property Deal in Namibia
TL;DR
Our Family Office secures landmark contract in Namibia, adding R1.2 billion to AUM, enhancing competitive edge in real estate sector.
Partnership with Covest Wealth Group propels strategic investments, leading to significant growth in property assets and expansion plans.
The deal paves the way for sustainable infrastructure development in Namibia, emphasizing commitment to integrity, innovation, and long-term growth.
Achieving R1.2 billion AUM milestone signals readiness to expand operations, offering tailored wealth management solutions across Southern Africa.
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Our Family Office, a Cape Town-based financial services provider, has secured a landmark property deal in Namibia, adding R1.2 billion to its Assets Under Management (AUM). The transaction represents a significant milestone for the company, which was founded in June 2022.
The deal follows a strategic partnership with Covest Wealth Group in April 2024 and positions the firm as an emerging player in Southern African wealth and property management. By targeting properties near Windhoek, Namibia's capital, the investment aims to support sustainable residential and commercial infrastructure development.
Kenne de Kock, Executive Director of Our Family Office, emphasized the strategic importance of the transaction. The company's approach combines traditional banking practices with innovative financial strategies, focusing on cross-border investment opportunities.
This expansion demonstrates the firm's commitment to growth and its ability to navigate complex international real estate markets. The investment not only represents a substantial financial achievement but also signals the company's long-term vision for regional economic engagement.
The property deal underscores Our Family Office's strategic objectives of capital growth and sustainable infrastructure development. By leveraging partnerships and maintaining a forward-looking approach, the company is positioning itself as a dynamic force in Southern African wealth management.
Curated from News Direct
