OVERVIEW
Eris Property Group (Eris) is a fully integrated property development and services group which provides a range of commercial property skills in the South African and sub-Saharan African markets.Eris believes that the success of the company is dependent on its people, its reputation and capital
Eris strives to be market leaders in our industry by applying our core values such as professionalism, integrity, staff excellence, innovation and equity. We aim to add value to our clients as a multiple of our earnings.
MISSION STATEMENT
To be the first choice property and services group through service excellence, which is highly evident in our innovative nature
HERITAGE
Eris was formed in 2008 following the restructure of RMB Properties (Pty) Ltd (RMBP) which had been in existence since 1987, and which was a prominent property development and property services company in the South African property industry.RMBP was previously 100% owned by FirstRand Ltd through Rand Merchant Bank .
The restructuring and purchase of RMBP by Eris allowed for the introduction of Black Economic Empowerment whilst maintaining RMB as a significant shareholder. Subsequent to this there was a new ownership deal concluded in July 2012, with MMI replacing RMB as the majority shareholder.
CORPORATE PROFILE
MAREF
Momentum Africa Real Estate Fund (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..
MAREF PROJECTS
Project: | SU Tower, Accra, Ghana |
Project Size: | 11975msq |
Project Value: | $40m |
Opening Date: | December 2018 |
Project: | 335 Place, Accra, Ghana |
Project Size: | 9,983 msq |
Project Value: | $40,2 Million |
Opening Date: | Sept 2018 |
Project: | Business Gateway |
Location: | Mon Tresor, Mauritius |
Project Size: | 1,2180msq |
Project Value: | $11,5 Million |
Opening Date: | May 2018 |