Mpande Property Fund is a majority Black Female owned and managed Fund established in 2018 to play a meaningful role in the unlisted property sector.

With over R3 billion of total assets under management, Mpande provides investors with exposure to the major property sectors of Retail, Office, Industrial and Residential.

Mpande Property Fund

  • Majority black female-owned and managed.
  • Credible mix of capital, expertise and track record in property investments and management.

Mpande is a transformed player in the South African Property Sector

Mpande Property Fund has assets in excess of
R3 billion

  • Fund I achieved its First Close on 4 September 2019.
  • Fund I fully invested in 2023.

Management Team

Sbu Luthuli, CA(SA)

  • Sbu Luthuli: Founding Chief Executive Officer of Mpande Property Fund
  • CA(SA)
  • 5 years as CEO of Mpande, 8 years as CE/PO of EPPF &  6 years as CEO of Ithala Bank; 19 years experience at the helm of investment/pension fund/banking entities
  • 27 years experience in financial services industry
  • Exhibits the necessary integrity, skills & expertise for success

Gaanewe Adams

  • Gaanewe Adams: Executive Director and Principal of Mpande Property Fund
  • B.Com (Hons)
  • 4 years as a Director of Mpande, 20 years experience in the financial services industry (asset management, corporate finance)
  • 11 years of relevant property (listed and unlisted) experience
  • Exhibits the necessary integrity, skills & expertise for success

Nomzamo Letswele

  • Nomzamo Letswele: Executive Director and Principal of Mpande Property Fund
  • MSc Real Estate
  • 3 years as a Director of Mpande, 13 years experience in the financial services industry (asset management, banking)
  • 7 years of relevant unlisted property experience
  • Exhibits the necessary integrity, skills & expertise for success