Positive Impact

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A social impact with financial benefits: Futuregrowth invests R625m in the Gauteng housing market

Positive Impact

Futuregrowth Asset Management is doing its part in stimulating the economy of Gauteng with an investment of R625 million into major housing projects in the lower- to middle-income sector. The investment is with housing specialists, the Cosmopolitan Group. The investment results in more than 20 000 Gauteng families becoming first-time home owners, which in turn creates wealth, increases employment opportunities and ultimately leads to real economic growth. David O’Sullivan spoke to Thina Tiyo from Futuregrowth about the investment in the housing market and its long-term benefits from not only a financial perspective, but also a social perspective.

SOURCE: BIZNEWS