Put people above profits; reasons for developing the real estate market in the cantons

John Perlman spoke with MortgageMarket Managing Director and Co-Founder Tim Akinnusi about real estate development in the townships.

The township real estate market is one that is often overlooked to some extent.

But an investment in this area could have huge benefits for communities.

John Perlman spoke with MortgageMarket Managing Director and Co-Founder Tim Akinnusi about real estate development in the townships.

Commercial development in the townships has always existed but unfortunately the residential market has lagged behind.

When it comes to growing this market, it’s essential to find developers who prioritize the big picture instead of just trying to make the most profit.

I think the most important thing is a developer who is going to put people before profits, who is going to put a development program before just making a profit.

Tim Akinnusi, CEO and co-founder of MortgageMarket

According to Akinnusi, Urban dev is a real estate developer doing just that, as they are working on a significant development in central Soweto, which shows real investment in the community.

Listen to the audio below to learn more.


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