MAREF is an African commercial real estate development joint venture between Momentum Global Investment Management in London and Eris Property Group.

Eris is the fund advisor to the $170 Million MAREF fund. Eris believes that investing in the development of commercial real estate is an exciting way for investors to support and participate in the rise of the African consumer.

MAREF is aimed at long-term institutional investors as a capital growth offering. Our approach is to identify partners in sub-Saharan Africa to assist us and participate economically in projects wherever possible, and we are seeking to expand our partner base.

MAREF’s focus is on eight countries in the main areas that have shown consistent economic growth in excess of 5% for the past years.
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Momentum Property Opportunities Fund
Momentum Property Opportunities Fund will consist of special property opportunities developed by Eris Property Group specifically for this fund. Eris Property group is the Investment Manager for the fund. The Fund may invest in South Africa, Botswana, Namibia, Lesotho, Swaziland, and any other SADC country that may be approved by the Investment Committee.

The fund objective is to achieve income and capital growth by investing in developments and holding these until the target returns are achieved. The projects are de-risked through inter alia, due diligence on land, a guarantee on project costing from the developer, minimum pre-let requirement and obtaining a term sheet for funding.
MAREF's focus is on eight countries in the main areas that have shown consistent economic growth in excess of 5% for the past years.