TUHF Limited launched two new offices on 29 February and 3 March respectively in Cape Town and Bloemfontein.
“We see immense potential in the inner city areas of Cape Town, specifically Salt River, Observatory and along the Voortrekker Corridor in Cape Town. In Bloemfontein our focus is on financing property entrepreneurs in Bloemfontein Central and the CBD as well as Buitesig, Navalsig, Hilton, Hamilton and Oranjesig,” said Paul Jackson, CEO of TUHF Limited.
TUHF, pronounced “tough” is no stranger to South Africa’s inner cities, with over 13 years of operation and established offices in Johannesburg, Durban and Port Elizabeth, specialising in providing finance to property entrepreneurs focused on buying and refurbishing buildings in the inner city to create decent and affordable rental accommodation.
“At TUHF, we are passionate about spotting and unearthing potential. In declining areas, we see thriving property markets. In run-down buildings, we see the potential for families to live in a safe and secure environment. In people, we see the entrepreneurial capability to create well-run businesses, providing employment and multiplying our economy,” said Sarah Webb, Mortgage Manager and TUHF’s Regional Manager for the Western Cape and Free State.
“In our 13 years, we have financed over R4bn in inner city residential rental property and currently our loan book holds over 22 000 residential units. This is not to mention the hundreds of successful property entrepreneurs who are now running sustainable residential rental businesses, providing affordable and decent living spaces in our inner cities.
“We want to thank all our guests that attended the launch and look forward to continuing success in helping entrepreneurs and regenerating run down areas in Cape Town and Bloemfontein,” said Jackson.
Visit TUHF’s website www.tuhf.co.za or offices:
Cape Town – Unit 4b, 97 Durham Avenue (entrance on Cecil Road), Salt River, Cape Town
Bloemfontein – Suite 2, Business suites, Preller Square Shopping Centre, c/o Louw Wepener & Graaff Reinet Streets, Dan Pienaar, Bloemfontein