When Jim Morrison said “Break on through – to the other side” he could quite easily have been singing about Covid-19 and the property industry in 2020. It is impossible to make accurate predictions about the direction of real estate in the present environment. Add to this the segmentation of the industry – retail, industrial, residential, commercial/office plus the various category divisions within those segments plus the geographical and micro location of the asset and one can easily see that sweeping comments are inappropriate.
Watch Neu Capital Africa’s first webinar about the changing nature of the investor landscape in Africa. This webinar was run and interviewed by Rob Hersov (S-Biz/ Invest Africa) and, hosted by Ideas Cartel.
The Good, the Bad and the Ugly – Possible Southern Africa Sector Outcomes Post The Covid-19 Pandemic
The second article in our series on African alternative investment during Covid-19 comprises a list of how different sectors in the Southern African marketplace might emerge post the Covid-19 Pandemic. It has arisen from our discussions with investors, corporate finance advisors and companies during April and May 2020. We did this exercise to help triage the significant increase in incoming funding requests we were experiencing. After numerous discussions with our network about it, we have been asked to publish it pursuant to our first article on the changing investor landscape which lays out the pressures faced by capital providers in the current climate.
With the advent of the Great Global Lockdown, it seems appropriate to focus on how the market in Africa is developing, with particular emphasis on South Africa as one of Africa’s most sophisticated financial markets. The good news is that investors are still investing in Africa. However, the landscape has changed considerably. Capital has become constrained since the advent of lockdown, resulting in businesses that are likely to either survive or even thrive post the pandemic being starved of funding. Many investors have observed this and are seeking legitimate opportunities. The consequence is that an increasing number of capital-seekers have realized that they need professional and experienced help from credible corporate finance advisors. This has been evident in the significant increase in enquiries that Neu Capital Africa has received since the lockdown started in South Africa.
Neu Capital Africa, the African capital-matching platform, is delighted to welcome Ben Potter, head of energy and resources, and Barry Hawke, head of equities and valuations, to the growing Neu Capital team. Neu Capital helps quality corporate finance advisors raise capital in Australia, New Zealand and Africa, and has offices in London, Johannesburg, Sydney, Melbourne and Auckland. […]