Price Range: From To

10% Equity in Property Holding Company For Sale

R75,000,000

Business Description

We are selling a 10% equity stake in a holding company with a property portfolio with a value of +/- R1 billion. The property portfolio contained in this company consists of com-mercial property , residential property , property that is being developed , etc.

The holding company currently owns 9 subsidiaries.
 5 subsidiaries in commercial development.
 2 subsidiaries in residential development
 1 wholly-owned business (restaurant industry)
 1 company in the renewable energy sector (controlling share)

This business has been active in the market for the past 31 years, providing property developments around South Africa . They have build up their own property portfolio of +/-R1 billion. One of the shareholders is now ready to retire and would like to sell his 10% share in this company. The price for the shares is below the asset value and this gives a buyer an opportunity to own a share in a large property portfolio and a successful property development business. The additional upside exists where some of the development land could be sold in the near future , giving the investor a large and quick return on investment.

Business Details

  • Property ID: JT-273
  • Price: R75,000,000
  • Turnover: TBC
  • Actual Profit/Year: R115mil
  • Turnover range: TBC
  • Profit range: R10mil+

BUSINESS HISTORY & FUTURE GROWTH:

  • Reason for selling: Owner has other business interests.
  • Business history:
  • Expansion potential: Yes
  • PROPERTY DETAILS:

  • Fixed property included: Yes
  • Premises Details: Propery Portfolio
  • Rent & lease terms: n/a
  • ASSETS AND STOCK:

  • Assets included in sale: Yes
  • Value of assets: +/-R1 Billion
  • Stock included in sale: n/a
  • Value of stock: n/a
  • GENERAL COMPANY INFO:

  • Employees: n/a
  • Trading hours: Normal Business Hours
  • Support & training: Full Support & Training
  • Business Address

    • City: Cape Town
    • Country: South Africa
    CONTACT BUSINESS AGENT
    Johan Taljaard
    0837975678
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