Alley Roads Group and Subsidiaries is a leading black-owned, national scale property development and construction company specializing in affordable housing and green spaces in underserved areas. The company has applied for IFC EDGE certification on more than 4,048 properties or approximately 263,233m2 located across South Africa. This certification will mark some of the first affordable residential rental housing developments in South Africa to be EDGE certified. Established in 2010 and headquartered in South Africa, Alley Roads has a 10-year track record in the country and has also expanded its operations to the USA (Boston), Australia (Perth), New Zealand, and Thailand. The company boasts a development pipeline of approximately 18,000 residential properties in South Africa and internationally. With an asset base of R1.4 billion and conservative gearing of approximately 30%, Alley Roads remains open to funding negotiations to execute on its landbank, off-take development projects, and construction buy-outs. The most recent investment in Alley Roads Group and Subsidiaries was a Private Equity Round investment at 01 January 2020, with Vantage Capital as the investors. The company operates in the Prop Tech, Real Estate, and Construction industries, positioning itself as a significant player in the affordable housing market, both in South Africa and internationally.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Private Equity Round | Unknown | 1 | Vantage Capital | 01 Jan 2020 |
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