SA Corporate believes inner-city property investment as an asset class represents a compelling investment opportunity. SA Corporate acquired AFHCO Holdings Proprietary Limited (AFHCO) in 2014 to gain entry into this under represented asset class.
The AFHCO Group, founded in 1996, is a leading investor, developer, and manager of affordable housing and commercial property in the Johannesburg inner-city. The AFHCO platform is arguably the most attractive JHB inner-city CBD residential portfolio, offering scale, quality and diversity.
Location of AFHCO property portfolio
AFHCO currently owns 44 buildings in the Johannesburg inner-city, representing over 3 296 residential rental apartments and about 170 060m² of retail, commercial and light industrial space, with a total value of some R1.8 billion.
AFHCO has a range of exciting developments that should add significant value over the long term:
AFHCO Development Pipeline