SELECTED INVESTMENTS - KATU
Description: Mixed use development on 200 hectares of land. All development rights are in place. Development comprises 2 875 residential housing opportunities aimed at employees of the mines in the vicinity plus commercial, industrial and institutional sites.
Nature of investment: Senior debt finance secured by 1st charge over property valued at R80 million
Investment size: ZAR10million
Term: 24 months
Delivered return: >25% per annum