CLOSED INVESTMENTS

2015 – 2024

VILLAGE NOUVEAU

DEVELOPMENT

INVESTMENT

R40 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 6 979 000

AVERAGE LENGTH OF INVESTMENT

19 Months

AVERAGE INVESTOR RETURNS

21% per annum

FULLY SUBSCRIBED

SOUTHWARK VILLAGE

DEVELOPMENT

INVESTMENT

R40 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 9 450 000

AVERAGE LENGTH OF INVESTMENT

14 Months

AVERAGE INVESTOR RETURNS

21% per annum

FULLY SUBSCRIBED

SOHO

CONSTRUCTION

INVESTMENT

R50 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 6 087 715

AVERAGE LENGTH OF INVESTMENT

3 Months (with repeat rollovers)

AVERAGE INVESTOR RETURNS

18% per annum

FULLY SUBSCRIBED

SOHO

DEVELOPMENT

INVESTMENT

R50 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 10 080 000

AVERAGE LENGTH OF INVESTMENT

13 Months

AVERAGE INVESTOR RETURNS

18% per annum

FULLY SUBSCRIBED

HERON

DEVELOPMENT

INVESTMENT

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 32 600 000

AVERAGE LENGTH OF INVESTMENT

20 Months

AVERAGE INVESTOR RETURNS

15% – 18% per annum

FULLY SUBSCRIBED

ENDULINI

DEVELOPMENT

INVESTMENT

R88 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 23 400 000

AVERAGE LENGTH OF INVESTMENT

15 Months

AVERAGE INVESTOR RETURNS

15% – 18% per annum

FULLY SUBSCRIBED

SOUTHWARK VILLAGE

CONSTRUCTION

INVESTMENT

R40 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 15 000 000

AVERAGE LENGTH OF INVESTMENT

15 Months

AVERAGE INVESTOR RETURNS

18% per annum

FULLY SUBSCRIBED

ENDULINI

CONSTRUCTION INVESTMENT

Cycle 1

R88 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 17 500 000

AVERAGE LENGTH OF INVESTMENT

18 Months

AVERAGE INVESTOR RETURNS

14% – 18% per annum

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 1

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 12 000 000

AVERAGE LENGTH OF INVESTMENT

19 Months

AVERAGE INVESTOR RETURNS

14% – 18% per annum

FULLY SUBSCRIBED

HERON FIELDS

CONSTRUCTION INVESTMENT

Cycle 1

R81 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 16 800 000

AVERAGE LENGTH OF INVESTMENT

16 Months

AVERAGE INVESTOR RETURNS

18% per annum

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 2

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 11 800 000

AVERAGE LENGTH OF INVESTMENT

14 Months

AVERAGE INVESTOR RETURNS

14% – 18% per annum

FULLY SUBSCRIBED

ENDULINI

CONSTRUCTION INVESTMENT

Cycle 3

R88 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 10 450 000

AVERAGE LENGTH OF INVESTMENT

16 Months

AVERAGE INVESTOR RETURNS

14% – 18% per annum

FULLY SUBSCRIBED

ENDULINI

CONSTRUCTION INVESTMENT

Cycle 2

R88 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 9 500 000

AVERAGE LENGTH OF INVESTMENT

13 Months

AVERAGE INVESTOR RETURNS

14% – 18% per annum

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 5

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 19 800 000

AVERAGE LENGTH OF INVESTMENT

Ongoing

AVERAGE INVESTOR RETURNS

Ongoing

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 4

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 9 900 000

AVERAGE LENGTH OF INVESTMENT

15 Months

AVERAGE INVESTOR RETURNS

14% – 18% per annum

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 3

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 12 100 000

AVERAGE LENGTH OF INVESTMENT

17 Months

AVERAGE INVESTOR RETURNS

14% – 18% per annum

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 8

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 8 800 000

AVERAGE LENGTH OF INVESTMENT

Ongoing

AVERAGE INVESTOR RETURNS

Ongoing

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 7

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 16 500 000

AVERAGE LENGTH OF INVESTMENT

Ongoing

AVERAGE INVESTOR RETURNS

Ongoing

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 6

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 26 400 000

AVERAGE LENGTH OF INVESTMENT

Ongoing

AVERAGE INVESTOR RETURNS

Ongoing

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 11

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 18 150 000

AVERAGE LENGTH OF INVESTMENT

Ongoing

AVERAGE INVESTOR RETURNS

Ongoing

FULLY SUBSCRIBED

GOODWOOD

BULK REFURBISHMENT

Cycle 2

R83 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 8 800 000

AVERAGE LENGTH OF INVESTMENT

Ongoing

AVERAGE INVESTOR RETURNS

Ongoing

FULLY SUBSCRIBED

GOODWOOD

BULK REFURBISHMENT

Cycle 1

R83 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 18 150 000

AVERAGE LENGTH OF INVESTMENT

Ongoing

AVERAGE INVESTOR RETURNS

Ongoing

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 10

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 8 800 000

AVERAGE LENGTH OF INVESTMENT

Ongoing

AVERAGE INVESTOR RETURNS

Ongoing

FULLY SUBSCRIBED

HERON VIEW

CONSTRUCTION INVESTMENT

Cycle 9

R270 MILLION PROJECT

Western Cape

INVESTMENT REQUIREMENT

R 13 200 000

AVERAGE LENGTH OF INVESTMENT

Ongoing

AVERAGE INVESTOR RETURNS

Ongoing

FULLY SUBSCRIBED

CLOSED INVESTMENTS

2006 – 2014

THGE ESTATE, GAUTENG

INVESTED: R15 203 000

AMANZI MOYA, WESTERN CAPE

INVESTED: R8 000 000

UKUSA RIVER ESTATE, KZN

INVESTED: R9 311 700

HLG ESTATE, WESTERN CAPE

INVESTED: R14 475 000

RIVERSPRAY ESTATE, GAUTENG

INVESTED: R25 899 800

HEMINGWAY HEIGHTS, GAUTENG

INVESTED: R1 200 000