Safari wins by swimming against anti-Township tide

Hi there There have been a few property listings on the JSE lately. But none captures the imagination quite like yesterday’s newcomer, Safari Investments. After raising R374m in a private placing of shares to new investors by pitching at a 9% yield, Safari is no patchwork quilt portfolio. It has been slowly built through its … Read more

Safari turns down two takeover offers ahead of successful JSE listing

Over the years, far too many businesses have raised money from investors on the promise of JSE listings that never happened. Not so Safari Investments which made its debut today, on cue to a promise made a decade ago to an initial 190 shareholders. That’s not all which makes this commercial property development business different. … Read more

Investing in township shopping malls makes everyone happy: Safari CEO

Township property fund Safari Investments, listing on the Johannesburg stock exchange next week, has a loyal group of investors that is determined to stay for the long haul. That much is clear in this interview with its CEO Francois Marais, who says the pension fund-like quality of the fund is proving very attractive. The Real Estate … Read more