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  • 1 year ago
Futuregrowth’s Community Property Composite - an investment with socio-economic, financial impact

Futuregrowth’s Community Property Composite - an investment with socio-economic, financial impact

On the face of it, Futuregrowth Asset Management’s Community Property Composite specialises in acquiring and developing new and existing shopping centres. But it’s more than that. It specifically targets under-serviced communities. It targets rural and township areas around the country – areas that other investors would possibly steer away from, anticipating a measure of risk in putting their money in areas where poverty rather than affluence prevails. But the Futuregrowth strategy works. Not only is there a significant return for investors, but the development of the shopping centres in the underprivileged areas has a significant social and economic impact. More than 10 million people benefit from these projects, not only because they no longer have to travel large distances to do their shopping, but also because the shopping centres act as a catalyst for other developments such as improved electricity, water and sewerage services as well as transport infrastructure in the form of tax

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