Contact

SA Corporate Real Estate Ltd and AFHCO Holdings Pty Ltd

Back to top

SA Corporate Real Estate Ltd and AFHCO Holdings Pty Ltd

Cliffe Dekker Hofmeyr represented AFHCO Holdings Pty Ltd (AFHCO) in the establishment of a new joint venture company, AFHCO Consortium 2 Proprietary Limited held by AFHCO (60 percent) and JR 209 Proprietary Limited (JR209) (40 percent) for the acquisition by the joint venture of residential units to be constructed and developed by JR 209 with funding from AFHCO. 

11 Feb 2020 1 min read Featured work

This transaction involved a suite of complex legal agreements, including a subscription & shareholders’ agreement; an MOI; an agreement of sale; guarantees and a facility agreement. These agreements were required to establish the joint venture and to integrate the commercially agreed terms into the legal documentation.The transaction involved complex tax, funding and competition issues, which were resolved by our experienced team.

You might also be interested in

14 Sep 2023

Our Corporate & White Collar Crime Investigations Service offering

Our Corporate & White Collar Investigations team is distinguished by the vast experience of our specialist partners some of whom have more than 20 years’ experience in this field.

Corporate & White Collar Investigations

02:09 Minutes

19 Jul 2023

by Desmond Odhiambo, Christine Mugenyu and Effie Atieno

Liquidation of Tuskys Supermarket: A case of too little too late

On 31 May 2023, Justice Majanja issued a judgment that marked an end to the restructuring efforts of Tuskys Supermarket after a three-year court battle. It was another classic example of an attempt to restructure a company’s debt at the tail end of a distress cycle rather than at the early stages when the chances of recovery are higher.

Business Rescue, Restructuring & Insolvency

3 min read

25 Apr 2023

by Muwanwa Ramanyimi and Claudia Grobler

Loadshedding causing nuisance (in more ways than one)

For the past several years South Africans have, unfortunately, had to endure and experience the struggles brought about by loadshedding. While some sit without electricity for up to 10 hours a day, others have decided to utilise the many products available on the market that provide houses with power when Eskom is not.

Dispute Resolution

4 min read

27 Jul 2023

by Clarice Wambua and Brandon Otieno

Benefit sharing in carbon projects: Reflections on recent legal developments in Kenya

Kenya has been active in the development of carbon projects since 2008 when the country’s first Clean Development Mechanism project (a 35MW sugarcane bagasse-based co-generation power plant), was registered. Since then, Kenya has held a robust pipeline of projects and is home to a wide variety of project types including many global firsts.

Environmental Law

9 min read

26 Sep 2023

by Timothy Baker and Claudia Moser

Pipped at the post? (the pitfall of instituting a claim in the wrong forum and how this relates to the relevant arbitration clause and underlying agreement)

As a result of court backlogs and delays, and the public nature of court hearings, it has become common place for commercial contracts to include an arbitration clause. Arbitrations are a form of alternative dispute resolution whereby a dispute is resolved through a private procedure before an arbitrator instead of a judge. An arbitration clause normally seeks to include all disputes between the parties arising out of an agreement.

Dispute Resolution

6 min read

18 Jul 2023

by Natasha Fletcher and Zahra Karolia

Fraudulent non-disclosure and misrepresentation of property defects in sale render seller liable

Latent defects are flaws in a property that could not have been identified despite a reasonable inspection prior to the sale. In terms of common law, the purchaser will have a right of recourse after the sale if the seller was aware of latent defects and fraudulently did not disclose the defects to the purchaser.

Real Estate Law

3 min read

This website uses cookies to enhance the browsing experience. For more information, please see our Cookie Policy.

Accept Decline