Our Family Office, a Cape Town-based financial services provider, has marked a significant expansion into Namibia through a landmark property investment, increasing its Assets Under Management (AUM) by R1.2 billion. This strategic move, achieved in partnership with Covest Wealth Group, underscores the company's rapid growth and ambition since its inception in June 2022. The investment not only signifies a financial milestone but also highlights the potential for cross-border collaborations in Southern Africa's wealth and property management sectors.
Pieter de Klerk, CEO of Covest Wealth Group, described the transaction as a testament to strategic vision and partnership, beyond its financial implications. The investment is poised to foster capital growth and support the development of sustainable residential and commercial infrastructure near Windhoek, Namibia's capital. This initiative reflects a shared commitment to enhancing the region's economic landscape through thoughtful investment and development strategies.
Kenne de Kock, Executive Director of Our Family Office, pointed to this achievement as a key milestone in the company's strategic plan. The success is attributed to effective client acquisitions, the fruitful partnership with Covest Wealth Group, and the dedication of the professional team. This development not only bolsters Our Family Office's market position but also demonstrates its dedication to pioneering innovative wealth management solutions across Southern Africa.
The expansion into Namibia is a clear indicator of Our Family Office's ambition to grow its AUM in both South Africa and Namibia in the coming years. For more information on Our Family Office's services and investments, visit https://www.ourfamilyoffice.co.za. This strategic investment is a pivotal step in the company's journey towards becoming a leading wealth management firm in the region, offering promising prospects for investors and stakeholders alike.
