Case Study: Fleurhof Project (South Africa)

The Emerging Markets Private Equity Association conducted a study on the Fleurhof Project, a ZAR 2.8 billion (US$350 million) residential real estate development in Johannesburg, South Africa. The project began development in 2009 and plans to grow to include more than 8,000 low- and middle-income housing units, eight crèches (nursery schools), five schools, numerous community gardens and play areas, 14 business centers and four industrial sites.