SELECTED INVESTMENTS - MSP
Description: Bridging loan to the MSP Group secured by a 1st charge over 98 serviced plots in the Soralia middle income housing development situated in Cape Town. Exit was through the sale of units.
Nature of investment: Senior debt finance secured by 1st charge over property valued at R30.9 million
Investment size: ZAR20 million
Term: 48 months
Delivered return: >25% per annum