A very alternative source of yield

Financial Partners
By August 30, 2018 12:04

A very alternative source of yield

Weekly Digest

When thinking about high yield investments, I suspect that Africa ex SA property does not sit high in many people’s minds. However, we believe this asset class has the potential to provide investors with an attractive hard currency yield. For example, our Momentum Africa Real Estate Fund (or “MAREF”) is currently completing two office block developments in the city of Accra, Ghana. We forecast that the initial rental yields on these projects will exceed 10%. Lease agreements are dollar-denominated and annual escalations are 3 – 4%. We therefore anticipate that these cash flows will provide a healthy contribution to the total return for MAREF’s investors.

Financial Partners
By August 30, 2018 12:04

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