Mutodo Properties (Pty) Ltd (“Mutodo”) is a 90% subsidiary of Simeka. Mutodo has strategic relationships with various companies across South Africa with a specialised skill-set and opportunities across various disciplines. The company is focused on property investment opportunities, development of properties as well as end-to-end property related services in its range of identified markets. The targeted opportunities are a combination of existing buildings as well as greenfield developments.
Simeka aims to create a formidable property portfolio with assets of over R5,5 billion by 2020 and R11 billion by 2025.