Sanlam Investments, a unit of Sanlam Limited, backed by billionaire Patrice Motsepe, has rolled out a R4 billion 234.8 million Property Impact Fund to help close South Africas long-standing gap in social infrastructure.
The move comes as less than 2.7 percent of the countrys R5.8 trillion 340.3 billion pension savings is directed to private markets, leaving schools, clinics, housing and retail in many communities largely underserved.
Addressing the missing middlexA0
