SA’s first proptech fund attracts more than R200m
REdimension Real Estate Technology and Sustainability Fund I lures Burstone, Growthpoint and RMB as anchor investors
REdimension Real Estate Technology and Sustainability Fund I, the first dedicated property technology (proptech) investment fund in SA, achieved more than R200m total commitments when it first closed in July.
Launched by REdimension Capital, a venture capital company that aims to accelerate innovation in the built environment, the fund is targeting a gross internal rate of return of about 30%...
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