Capital Land is a leading property asset management company specialised in the lower LSM retail property sector of South Africa. The company manages 27 commercial properties with a combined value of approximately R8billion.
Capital Land operates through six integrated teams covering asset management and financial administration, property operations, project and utilities management, leasing sales and administration, legal and compliance management, and the management of marketing, media and promotions including the management of corporate social investment programmes.
Capital Land started in 2007 and was responsible for the assembly, growth and management of Synergy Income Fund (“Synergy”) which listed on the Main Board of the JSE on 14th December 2011. Capital Land grew the Synergy portfolio from 3 properties valued at R260 million prior to listing in December 2011 to 15 properties valued at R2.4 billion in 2014. In March 2015, Vukile Property Fund acquired a controlling stake in Synergy through a mandatory public offer. Through this process the Capital Land partners and management sold their stake in Synergy to Vukile. In May 2015 the Capital Land partners agreed to sell their shareholding in the Synergy management company to Vukile effectively exiting all investments in Synergy.
In October 2014, Capital Land was awarded the property and asset management contract for the Futuregrowth Community Property Fund, a flagship fund of Futuregrowth Asset Management, a subsidiary of Old Mutual Investments. For over 20 years, the Futuregrowth Community Property Fund has been a pioneer investor in retail property investments supporting the needs of underserviced communities throughout South Africa. Through responsible sustainable investment the Futuregrowth Community Property Fund has uplifted communities and changed lives. Capital Land is proud to partner with Futuregrowth in this important developmental investment fund.
Capital Land has an established track record in delivering value enhancing performance through direct active management and a full service integrated operating model. With our partners Futuregrowth, our performance has been recognised at the MSCI South African Property Investment awards and the South African Property Owners Association (SAPOA) awards as below:
2017 MSCI Award: Futuregrowth Community Property Fund “Best Performing Specialist Fund Over Three Years”
2018 MSCI Award: Futuregrowth Community Property Fund “Best Performing Specialised Fund for South Africa”
2019 MSCI Award: Futuregrowth Community Property Fund “Best Performing Specialised Fund for South Africa” and “Best Performing Overall for South Africa”
2024 SAPOA Award: Futuregrowth Community Property Fund owned Bridge City Shopping Centre “Innovative Excellence Award for the Best Refurbishment”
Today, Capital Land manages one of the largest portfolios of specialised retail assets servicing the high growth mass market in South Africa, comprising 27 commercial properties valued at approximately R8 billion with a consolidated gross lettable area of approximately 439 572m2.
Contact us to discuss your investment property requirements.