In Africa, we have a real and immediate need for affordable homes to raise healthy families. Phatisa introduces an eastern African investment initiative in response to the ever-increasing housing shortage – the Pan African Housing Fund (PAHF). The Fund commenced operations during Q1 2013 and final closed at US$ 41.95 million end Q3 2014.
Through multinational equity funding, the Pan African Housing Fund will seek to provide risk capital to real estate projects on a joint-venture basis to selected local developers and will work closely with these developers to increase their capabilities across both technical and scale dimensions.
Behind it all is Phatisa Property Fund Managers.
With reliable partnerships and networks across Africa and a team whose track record spans more than 75 combined years of private equity and property development in Africa, Phatisa has the experience and expertise needed to invest, manage and successfully exit what will be one of eastern Africa’s most pioneering housing private equity funds.