Van Rijn Meent: Why Stellenbosch is the Crown Jewel of Mixed-Use Development

Why This Asset is Unique

In traditional property investing, you often have to choose between the steady income of an office block or the high-upside (but at times cyclical) nature of tourism? VRM offers both.

1. Institutional Office Stability: 70% of the office footprint is already pre-let to house the regional headquarters of Investec Bank. This provides a “blue-chip” foundation of contractual income.
2. Essential Retail: Anchored by Checkers and Clicks, the retail component focuses on “daily needs,” encouraging foot traffic through the precinct, across economic cycles.
3. The Apart-Hotel Upside: By including a 3,200m² apart-hotel offering in the precinct, we are tapping into a niche that serves short-term tourist demand, the mid-term business traveller and the high-end student market.

Institutional Process, Digital Access

What makes this truly exciting is how the asset is structured. Traditionally, a project of this calibre would be funded entirely by a handful of institutional giants. When made available through Mesh, any participation is structured as a private placement and is limited to eligible investors in accordance with the applicable investor documentation.

As 27four’s Mornay Visser puts it:
“This is not an asset that we need to push onto the market. This is something that we’ve already underwritten, and we thought it would be something that would excite people. It’s something that’s not available every day.”

By investing in VRM, you aren’t just getting equity exposure in the development, you are getting exposure to 27four’s first-principles underwriting philosophy as well as what Mesh MD Connie Bloem describes as “a unique location in South Africa that is seeing massive amounts of growth… most of us could not afford to own a house in that space, but now you get to own a piece of income generating commercial property there.”

This article is for information and education only and does not constitute (and should not be construed as) an offer, invitation, or solicitation to buy or subscribe for any securities or other financial products. Any opportunity referenced will only be made available (if at all) under the full investor documentation, and only to investors who meet eligibility requirements and are accepted in terms of those documents. Where a tokenised security is used, the investor holds a token that represents the underlying security, with rights as set out in the investor documentation.

Disclaimer:

• Participation during this Private Placement phase is limited to Qualified Investors; with minimum investment subject to investor documentation.
• Private investments involve risk and may be illiquid. Scenario returns are not guaranteed.
• Secondary market availability is not assured.
• This communication is informational and not financial advice. Review full documentation and consult your advisor.