Our Family Office Expands Namibian Real Estate Footprint with R1.2 Billion Investment
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 achieved a significant milestone in its strategic expansion by securing a landmark property deal in Namibia that adds R1.2 billion to its Assets Under Management (AUM).
The investment represents a strategic partnership with Covest Wealth Group and marks a critical growth phase for the company since its inception in June 2022. By establishing a strong presence in Namibia's real estate market, the firm demonstrates its commitment to cross-border investment and sustainable infrastructure development.
Company executives emphasized the significance of this transaction beyond mere financial metrics. Pieter de Klerk, CEO of Covest Wealth Group, described the deal as a validation of their shared vision and strategic approach to wealth management. Kenne de Kock, Executive Director of Our Family Office, highlighted the accomplishment as a result of successful client acquisitions and strategic partnerships.
The investment is particularly noteworthy for its potential to support capital growth and development in Windhoek, Namibia's capital city. By focusing on residential and commercial infrastructure, Our Family Office is positioning itself as a key player in Southern Africa's evolving real estate landscape.
This strategic move underscores the firm's long-term outlook and ability to create value across international markets. The R1.2 billion AUM expansion signals confidence in the region's economic potential and the company's capacity to identify and execute complex, high-value property investments.
Curated from News Direct
