“Genesis Properties is delighted to have RMH as its new partner. Genesis Properties’ key focus is investing in and partnering with property developers who have proven track records in the industry. RMH brings both capital and guidance to the company and we at Genesis Properties are looking forward to a long and successful relationship.”
Genesis Properties is the second investment made in the specialist portfolio. Genesis Properties is a company focused on building a long term portfolio of prime commercial, industrial and retail properties with strong long-term leases and will provide RMH Property access to a wider network of property opportunities.
Divercity is an urban property fund set on regenerating the South African city and transforming its impact on peoples lives.
The fund annouced in October 2018 that it is investing R2 billion in Johannesburg as part of its strategy to create thriving mixed-use inner-city precincts
Atterbury is RMH’s key development partner in its core portfolio that will target the more traditional and larger areas of South African property (principally office, retail and industrial property).
Atterbury has a 22-year successful track record in entrepreneurial skills, as well as development and asset management ability. Their team is regarded as the most innovative player in the South African property market. We will work with Atterbury and other future investment partners to assist them with capital, strategic input, networking opportunities, structural longevity and additional governance systems.
“It was evident from the first meeting that Atterbury and RMH share a similar culture and value set. Atterbury, as a relatively small company, is honoured to be reckoned amongst the RMH stable’s other prestigious investments. Having developed more than two million square meters both inside and outside of South Africa, we are the ideal partner for RMH to capitalise on property opportunities.”