Financial Disrupter, Altvest Capital, lists on the CTSE.& announces luxury game lodge as first deal.

Описание: Altvest announces its first deal - own Kevin Pietersen’s luxury lodge from R1.50. Minutes into becoming a listed company, Altvest dropped the bomb.

As the opening bell of the Cape Town Stock Exchange (CTSE) marked the start to the day’s trading, Altvest co-founder Warren Wheatley announced that the company’s first alternative asset open for public investment is global cricketing great Kevin Pietersen’s luxury Mpumalanga bush escape, Umganu Lodge. This reflected the overwhelming response to invest in luxury property. “Retail investors will be able to own a slice of this ultra-luxe South African property for as little as R1.50”, he told the crowd who’d gathered to celebrate Altvest’s first day of trading on the bourse. Pietersen will raise R15 million by selling shares in Umganu. There will be 10 million shares available at R1.50 each.

“Our decision to go with Umganu as our first asset is absolutely a reflection of what the Altvest community has said they’d overwhelmingly want to own – game lodges, livestock and high-end art”, Wheatley said.

Altvest disrupts traditional private equity by democratizing access to exclusive alternative assets through fractional ownership.

It makes opportunities usually reserved for the top 1% of society available to retail investors through the CTSE’s safe and easy trading platform, A-Trade.

Altvest shares are also for sale on A-Trade as of this morning opening at R5.00 each.

A wild start
Umganu Lodge is set on the banks of the Sabie River, just outside the Kruger National Park, in the much sought-after Elephant Point private estate. The area is acclaimed for some of the finest game viewing in the world.

The lodge sleeps up to 12 people in five indulgent suites and boasts a pool and viewing deck that look over the river and Kruger beyond it. The lodge offers guests a private chef and twice-daily game drives. It is a spot that Pietersen is hugely passionate about, and it is equally popular with local and international guests.

Of the lodge Pietersen says, ‘Umganu is a luxury item that not many people can get a hold of. Being able to own a luxury item like a safari lodge is everybody’s dream. It was my dream; it was my family’s dream and why can’t we dream together in this world?”

The Altvest team had over 2000 companies approach them to list, and after months of research and vetting, chose Pietersen’s lodge. “Similar high-end lodges within the area generally return 15 -18% in capital appreciation before dividends/rental income” explained Altvest Chairman Koshiek Karan.

Investors will be able to buy their portion of Umganu Lodge from the end of May. In the interim they can open A-Trade accounts so they’re ready to trade when the opportunity goes live.

Go to A-Trade to open an account today.