$100 Million Signature Africa Housing Fund launched in November 2014

25 December 2014
Content from a Premium Partner
Signature Africa Ventures Limited (Ebene Cybercity)
press release

Signature Capital Pte Ltd. in co-operation with AfrAsia Capital Management Ltd., presents an African investment initiative in response to the ever-increasing housing shortage by setting up a US$100 Million fund.

The fund will capitalize on the growing demand for affordable housing sector and Rent-to-Own (RTO) business in high growth African countries. The fund aims to maximize returns in a manner leading to activate social and economic development and provide better access to affordable housing.

A fixed annual payout of 12% on investment capital will be paid semi-annually to investors in the fund. The fund targets the family offices, high net worth individuals and institutions and has attracted good initial response.

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