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Private Equity
ihsinvestments.co.za

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Investments

1

Funds

2

About International Housing Solutions

The firm is focused on the development of residential housing. It invests in community-centered affordable housing and rental projects in South Africa and neighboring countries. It partners with financial institutions, real estate developers, private capital groups, and governments.

International Housing Solutions Headquarter Location

54 Peter Place Road Hampton House, Block H

Johannesburg, 2196,

South Africa

27 11 215 8300

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Latest International Housing Solutions News

Ihlathi Estate in Cape Town helps first-time home-owners access govt subsidy

Aug 2, 2021

By Brandstories Share Buying your own home can be daunting, especially when it’s your first purchase. From asking prices to the bond legalities, purchasing your first home can be an emotional roller coaster. What could be described as a complicated transaction, thanks to property developers International Housing Solutions , South Africans who are earning under R22 000 a month may be able to access an “underutilised” government housing subsidy to assist those wishing to become first-time homeowners. The government’s Finance Linked Individual Subsidy Programme ( FLISP ) helps qualifying first-time buyers caught in the “gap” sector -- those who historically earned too little to buy property – with financial support. According to property expert Toni Enderli , FLISP subsidies, combined with the low-interest rate of 7%, transfer duty relief and higher home loan rate approvals, more families who rent can now buy into the affordable housing bracket for the first time at Ihlathi Estate in Parklands. With over 1000 listings available, the newly developed estate is the perfect modern apartment for a first-time buyer. Responding to reports of bureaucratic challenges in accessing FLISP subsidies, Enderli says the developers International Housing Solutions of the brand new entry-level and eco-friendly estate, Ihlathi, has appointed dedicated FLISP agents to assist. Buying your first home is not a one-step process. It’s a contractual agreement. This means that you’ll encounter many legal and administrative documents. Enderli states that “Many who qualify are not accessing FLISP funding due to various challenges to make the home buying process easier. Our FLISP team is helping them buy their first home in Ihlathi by taking away the administrative pain.” Watch the video below to find out more: Realtor of Excellence’s development sales director, Wayne Lawson, said: “Low-interest rates, no transfer duty or fees, higher loan rate approvals, attractive entry-level offerings and FLISP subsidies offer unprecedented opportunities to prospective home buyers. First-time buyers can pay a monthly repayment of under R5 500 per month for a one-bedroom unit (priced from R699 999) at Ihlathi, compared to R7 500 a month to rent a similar space. For those wanting more space, the gated community’s two-bedroomed units start from R779 999 and three-bedroom units from R1 249 999, he added. IHS’s SA MD, Rob Wesselo, said Ihlathi is Green Building council-certified. This includes solar geysers, fibre-ready internet, and 24-hr security monitoring. “In addition to affordability, you’re buying into a safe, secure and ideally located community on a green belt. This value is unprecedented,” he added. To see if you qualify, call Ihlathi’s FLISP specialist, Ayeshia on 082-871-6799 or visit ihlathiparklands.co.za, or e-mail [email protected] . Or call agents Samantha 064-684-5507, Bronwyn 082-770-0463, Jason 079-625-5057 or Liezl 066-347-1686. Share this article:

International Housing Solutions Investments

1 Investments

International Housing Solutions has made 1 investments. Their latest investment was in Transcend as part of their Other Investors on .

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International Housing Solutions Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

Other Investors

Transcend

Yes

Date

Round

Other Investors

Company

Transcend

Amount

New?

Yes

Co-Investors

Sources

International Housing Solutions Fund History

2 Fund Histories

International Housing Solutions has 2 funds, including IHS Fund II.

Closing Date

Fund

Fund Type

Status

Amount

Sources

6/29/2015

IHS Fund II

REAL Estate

$180M

1

1/1/2009

The South Africa Workforce Housing Fund

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$99M

10

Closing Date

6/29/2015

1/1/2009

Fund

IHS Fund II

The South Africa Workforce Housing Fund

Fund Type

REAL Estate

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Status

Amount

$180M

$99M

Sources

1

10

International Housing Solutions Team

5 Team Members

International Housing Solutions has 5 team members, including current Managing Partner, Cathal Conaty.

Name

Work History

Title

Status

Cathal Conaty

Managing Partner

Current

Jeff Muller

Managing Partner

Current

Rob Wesselo

Managing Partner

Current

Karen Edlund

Chief Financial Officer

Former

Soula Proxenos

Managing Partner

Former

Name

Cathal Conaty

Jeff Muller

Rob Wesselo

Karen Edlund

Soula Proxenos

Work History

Title

Managing Partner

Managing Partner

Managing Partner

Chief Financial Officer

Managing Partner

Status

Current

Current

Current

Former

Former

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