TP4

TP4, as the successor to 12Cape, is a forward-thinking company which invests in the high-end residential property market on the Atlantic Seaboard and other prime areas of Cape Town.

It capitalizes on major structural global trends such as increasing international travel, remote work, the rise of affluent individuals, increased demand for and the structural scarcity of prime properties, and the growth of aparthotels, and positions itself for the gap between the growing demand and limited supply in this sought-after area. By investing in and operating wholly owned and newly constructed, sectionalised apartment blocks at wholesale prices, TP4 captures substantial capital growth while also building robust yield generation capacity through a proven aparthotel operating model. Its predecessor has already shown its resilience to a weakening rand by its ability to generate hard currency income while keeping its cost base in rand.

The unique strategy positions TP4 to deliver a balance of income and growth returns, offering potential for equity-like returns with bond-like risk in the vibrant and undervalued but ever-growing prime real estate market that is called the Atlantic Seaboard in Cape Town.