TUHF grows loan book from R50m to R3.3bn over 20 years
Inner-city housing financier has provided funding for more than 700 buildings
04 June 2023 - 16:08
Established 20 years ago, inner-city housing financier TUHF has grown its loan book value from R50m in 2003 to R3.3bn at the end of March.
TUHF is an unlisted entity with debt instruments on the JSE. The nonbank financial services company borrows money from capital markets and invests it in inner-city areas, extending finance to small-scale property entrepreneurs who want to grow their businesses...
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