Our Family Office, a rapidly growing family investment firm based in Cape Town, has successfully secured a landmark property deal in Namibia, expanding its Assets Under Management (AUM) by R1.2 billion. The transaction represents a strategic milestone for the company, which was established in June 2022 and has quickly positioned itself as a dynamic player in Southern African wealth and property management.
The deal, culminating from a partnership with Covest Wealth Group in Namibia, demonstrates the company's ambitious growth strategy and commitment to cross-border investment opportunities. By targeting high-growth property sectors, Our Family Office is strategically expanding its portfolio beyond traditional South African markets.
Kenne de Kock, Executive Director of Our Family Office, emphasized the significance of this achievement, highlighting that the R1.2 billion AUM milestone represents a combination of successful client acquisitions and strategic international partnerships. The investment is expected to support sustainable residential and commercial infrastructure development, particularly in the expansion corridor of Windhoek, Namibia's capital city.
This transaction signals a broader trend of South African investment firms seeking growth opportunities in neighboring African markets. By leveraging strategic partnerships and innovative investment approaches, Our Family Office is positioning itself as a forward-thinking wealth management organization capable of navigating complex cross-border investment landscapes.
The property deal not only represents a substantial financial achievement but also demonstrates the potential for sophisticated investment strategies in emerging African markets. It underscores the importance of building trust, developing refined investment strategies, and maintaining a long-term perspective in international wealth management.
Pieter de Klerk, CEO of Covest Wealth Group, characterized the transaction as more than a mere financial exchange, describing it as a validation of shared vision and strategic alignment between the partnering organizations. This perspective highlights the collaborative nature of modern international investment approaches.
As Our Family Office continues to expand its presence in Southern Africa, this landmark deal serves as a testament to the firm's ability to identify and capitalize on strategic investment opportunities. The company's focus on innovative approaches and cross-border collaboration positions it as a potential leader in the region's evolving wealth management landscape.
