The property was acquired in 2022. The property offers excellent development opportunities.
SAB is currently the tenant and they use the facility as a logistics hub for its transport partner, FADEL.
The property is an A-grade industrial warehouse space with offices and an ablution block for truck drivers. There is also a large yard for trucks to park and turn around within the premises.
The property also houses its own fueling station, which is a necessity for the tenant allowing its trucks to refuel in its yard. They are also able to service trucks on-site, making it easier and more efficient to get trucks back on the road.
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The Bastion Real Estate Partnership is structured as an En Commandite Partnership under South African law. Participation in the Partnership is subject to the terms, conditions, and eligibility requirements set forth in the Partnership’s governing and investment documentation.
Any target returns, forecasts, projections, illustrations or forward-looking statements contained in this document are provided for illustrative purposes only and are not guaranteed. Actual outcomes and investment returns may differ materially from those projected. The value of an investment may increase or decrease, and investors may lose some or all of their invested capital. Past performance is not indicative of future performance.
Prospective investors should carefully consider the applicable investment documentation, their own investment objectives and circumstances, and obtain independent financial, legal and tax advice before making an investment decision.
Skybound Capital (Pty) Ltd is an authorised Financial Services Provider in terms of the Financial Advisory and Intermediary Services Act, 2002 (FSP No. 35733).
Bastion Real Estate Partnership is an En Commandite Partnership established to provide investors with exposure to a portfolio of South African real estate assets. Skybound Capital (Pty) Ltd, an authorised Financial Services Provider, acts as investment manager to the Partnership, while Urban Growth provides property management expertise across the underlying real estate portfolio. If you would like to receive further information about Bastion, please complete the form below. Your enquiry will be referred to an appropriate member of the investment team. Submission of this form does not constitute an application to invest, nor does it create any obligation on you or the Partnership.
