Nature of business
Posterity Capital owns and manages a portfolio of properties that comprise residential, student accommodation, offices and retail properties. Most of our properties are in areas where upgrade initiatives are contributing to urban renewal.
Our main objective is to acquire properties in decline and develop or refurbish them into properties that offer value for money to the markets we serve.
We are looking to grow our portfolio by partnering with big business in the redevelopment of under-performing properties.
History
We acquired the first property in 2005, and more properties thereafter, focusing on the affordable residential market in and around Johannesburg. We entered the student accommodation market in 2007 after buying and refurbishing a neglected building in Pretoria West. We acquired our interest in the Hatfield Plaza retail centre in 2018. In addition to managing our own portfolio, we also offer property management , asset management and advisory services to third party clients. Advisory services include property valuations, financial modelling, debt & equity capital raising, balance sheet restructuring and strategic business reviews. Our business is conducted through the holding company Posterity Holdings which in turn owns several investee companies.