Our investment strategy is tailored to local market conditions where economic and political conditions are supportive of
development and private market investments.
Our investment strategy is tailored to local market conditions where economic and political conditions are supportive of
development and private market investments.
Our investment strategy is tailored to local market conditions where economic and political conditions are supportive of development and private market investments.
At IHS, we take a strategic approach to investing in affordable housing that is tailored to local market conditions. We focus on identifying areas where there is rapid growth in housing demand that is not being met by existing supply. Our investment strategy takes into account both economic and political conditions, with a focus on areas that are supportive of development and private market investments.
Our commitment to partnering with local companies enables us to leverage existing capacity while minimizing investment risk. By building organizational strength among local housing market participants, we aim to pave the way for further economic growth and foster international partnerships.
We take a diversified approach to our investments, both in terms of geographic regions and product types. Our goal is to go beyond simply building housing units and create sustainable communities through our mixed-income and mixed-use development model. By creating vibrant, inclusive communities, we can help drive economic growth and improve the quality of life for all residents.
At IHS, we take a long-term approach to property investments, with typical individual investments lasting between five and seven years. Our investment strategy is designed to align with the maturity of the investment vehicle, ensuring that all investments are fully exited by its end-term.
We focus on investing in markets where there is a significant shortage of developed homes and a strong demand for affordable housing. The residential real estate market in South Africa and our target countries in Sub-Saharan Africa support investment dispositions, driven by robust sales or listing of rental portfolios. We remain vigilant in monitoring market trends and adjusting our investment strategy accordingly to ensure that we maximize returns while also meeting the needs of the communities we serve.
An independent social impact study, conducted by the University of Cape Town, found that the high-quality and well-located housing developed by our first multi-investor fund (“SAWHF”) had had a profound impact on the lives and overall welfare of the residents. Over 72% of the households polled said their lives had improved significantly.
Beyond the positive social impact of our communities, IHS provides ongoing support and funding for a variety of social development programs, including learnerships and employment for women with diabilities, mentorship and job creation for disadvantaged entrepreneurs, and student services. We also provide quarterly and annual social impact reports that track the impact and performance of our closed transactions.
IHS Fund II, our latest multi-investor fund, is focused on investing in green housing units that are certified to meet IFC’s EDGE standards. More information on IFC’s EDGE program can be found at www.edgebuildings.com.
IHS maintains a rigorous system of governance and detailed reporting for its funds to keep investors well-informed by:
Cathal Conaty is a founder of IHS and serves as a Group Managing Director responsible for Portfolio Management and Capital Raising for IHS as a whole. He is also chairman of the Investment Committee, which approves all IHS investments and dispositions. He has been involved in affordable housing since 1993, and brings extensive experience in residential property investment, spanning capital raising, investor closings, portfolio management, deal structuring and negotiation, financial engineering and the management of major renovation projects.
Mr. Conaty holds an MBA from IESE, Barcelona, Spain and a BA from University College in Dublin, Ireland.
Prior to joining IHS, Hennie worked for KPMG where he was a Manager in Audit. Managing a team of up to 8 people, he managed the audits of several large holding companies as well as a number of smaller firms in a number of sectors. Hennie obtained his BCom (CA), Postgraduate Diploma in Accounting (Honours), and a Postgraduate Diploma in Tax (domestic and international) from North West University (SA). He is registered as a CA (SA) with SAICA.
He has held other property-focused positions such as Commercial Director at Pangbourne Properties and Head of Listed Property Funding at Rand Merchant Bank. He holds an LLB from Wits University.
Prior to that he was at ABSA for four years in a number of senior positions, with responsibility for assets totalling approximately ZAR15bn. He has also managed the asset management and property development departments at Liberty Properties. Solly obtained his BCom and Post Graduate Diploma in Property Studies from University of Witwatersrand (Wits). He was until recently the Vice President of SAIBPP (South African Black Property Practitioners).
Previous positions includes the Financial Manager and Company Secretary at Fortress Income Fund Ltd and Debtors Manager at Zenprop Property Holdings. Stephanie has an Honours BCom Accounting degree and is a registered Chartered Accountant.
Responsible for Capital Raising and Investor Relations for IHS Kenya, Mr Mayavi is an accomplished property development professional with over 14 years of experience. He joined IHS Kenya from the Kenya Revenue Authority where he founded and headed the Construction and Property Development Division as a Chief Manager. The work at KRA included setting up the Division, property development spanning housing and commercial buildings for the Authority and property management for all the KRA Pension owned properties. His previous positions include Projects Manager for AMS Properties where he handled residential end-to-end developments, as well as overseeing commercial development.
Peter has also held Project Management positions in the telecommunications sector as well as in Oil and Gas. Peter earned his BSc in Civil Engineering from Jomo Kenyatta University in 2008 and an MA in Project Planning and Management from the University of Nairobi in 2015. He’s currently pursuing a PhD in Project Finance from the University of Nairobi. He is also a corporate member of the Architectural Association of Kenya as well the International Project Finance Association.
He has been involved both at the operational level managing and delivering projects and also at the corporate level serving on the Investment Committee and setting up governance and operational structures for the company’s global operations. Kioi holds an MBA from Bradford School of Management (UK), an Honors Degree in Civil Engineering from Loughborough University (UK) and a Diploma in Building Engineering from the Kenya Polytechnic. He is also affiliated to the Engineers Board of Kenya (EBK), Institution of Civil Engineers (UK), Chartered Institute of Arbitrators (UK) and The Urban Land Institute (USA).