Capital Markets Africa’s Post

Today, Burstone announced a series of strategic transactions, including a key partnership with Blackstone in Europe. This marks a significant acceleration of our international fund and investment management strategy. Upon completion of these transactions, our third-party Assets Under Management (AUM) will increase nearly fivefold, from R4.7 billion to approximately R23.0 billion. Expanding our fund and investment management model brings substantial benefits, allowing Burstone to achieve enhanced integrated real estate returns. By combining traditional real estate asset yields with the upside from our funds, investment, and asset management model, we can unlock additional value through management, leasing, and acquisition fees, as well as potential performance fees through outperformance. We are delighted to partner with several highly regarded international capital partners who recognize the strength of our management teams. With significant on-the-ground experience and a proven track record, we've successfully aggregated portfolios and delivered value for third-party investors. This is the beginning of an exciting new chapter for Burstone. Read more: https://lnkd.in/dtdH4P8f