Stefan Niekerk's Colleagues at Divercity Urban Property Fund
Stefan Niekerk's Contact Details
+0800029999
Johannesburg,Gauteng,South Africa
Divercity Urban Property Fund
Stefan Niekerk's Company Details
Divercity is an urban property fund set on regenerating the South African city and transforming its impact on people's lives. The fund invests in residential, commercial and retail assets in dense urban nodes, with a focus on human-centred design and integrated public space. Divercity holds a R2bn portfolio, jointly seeded with assets from leading property companies Atterbury Group (Atterbury), Talis Property Holdings (Talis) and Ithemba Group (Ithemba). To facilitate growth, the fund has a preferred offtake arrangement with these seed partners, and enhances yield by participating in the development profit of large-scale, mixed-used urban developments. This growth is supported by strategic investment partners Rand Merchant Holdings (RMH) and Nedbank Property Partners.