Urban Growth is the Western Cape’s leader in premium, sustainable logistics property, building a growing legacy in South African industrial real estate.
With over 15 years of experience, Urban Growth is a forward-thinking property investor known for transforming spaces into thriving commercial and industrial environments. We combine deep industry expertise with exceptional service to deliver tailored solutions that exceed client needs. Specialising in large-scale supply chain logistics properties, we are committed to sustainable development and green building principles, creating spaces where businesses can grow and prosper.
Our portfolio focuses on large-scale Supply Chain Logistics Industrial properties that generate solid cash yields with strong growth potential, primarily within South Africa. Our philosophy is built on partnership, discretion, and a long-term view.
We acquire large-scale Logistics Supply Chain Industrial properties, predominantly in South Africa and beyond.
Our directors have led iconic flagship developments, including Portside, the tallest building in Cape Town.
Long-term active asset management with an independent investment process, free from unnecessary complexity.
The Bastion Real Estate Partnership is an En Commandite Partnership established under South African law and focused on a portfolio of South African industrial real estate assets.
Skybound Capital (Pty) Ltd, an authorised Financial Services Provider, is responsible for the investment management and oversight of the Partnership, while Urban Growth provides property expertise for the underlying real estate portfolio. Further information about Bastion is available on request and will be provided through the appropriate process.
Skybound Capital is a South African investment manager specialising in private market investment strategies. Skybound Capital (Pty) Ltd is an authorised Financial Services Provider (FSP No. 35733) and acts as investment manager to the Bastion Real Estate Partnership.
Urban Growth are the original founders of the portfolio and, given their extensive expertise in property acquisition, property & solar development, and property management, are the ideal partners to oversee all the property-related matters of the Bastion Partnership.
“Solar power is going to be absolutely essential to meeting our growing energy demands.” – RAMEZ NAAM
As a preferred, long-standing supplier partner of Urban Growth, Alternate Power Solutions (APS) is a Cape Town-based service provider offering comprehensive electrical, solar, and property maintenance solutions for residential, commercial, and industrial clients.
Renewable energy is a key part of Urban Growth’s approach to creating resilient, future-focused properties. By integrating solar generation, battery storage and energy-efficient solutions across our portfolio, we aim to reduce reliance on the national grid, strengthen energy security for our tenants and enhance the long-term performance of our assets.
Our in-house expertise enables us to identify and implement renewable energy opportunities that deliver both environmental and financial value, supporting sustainable growth across our portfolio in South Africa and beyond.
Urban Growth has off-the-grid energy capabilities at all its properties. This is an investment in future clean energy and enhances the tenant retention strategies. Our properties are sought after as energy is guaranteed. It is a premium investment for Urban Growth.
This website has been prepared for information purposes only. It does not constitute, and should not be construed as, an offer, invitation, solicitation or recommendation to acquire, subscribe for or participate in any investment or financial product, nor does it constitute financial, legal or tax advice.
The Bastion Real Estate Partnership is structured as an En Commandite Partnership under South African law. Participation in the Partnership is subject to the terms, conditions, and eligibility requirements set forth in the Partnership’s governing and investment documentation.
Any target returns, forecasts, projections, illustrations or forward-looking statements contained in this document are provided for illustrative purposes only and are not guaranteed. Actual outcomes and investment returns may differ materially from those projected. The value of an investment may increase or decrease, and investors may lose some or all of their invested capital. Past performance is not indicative of future performance.
Prospective investors should carefully consider the applicable investment documentation, their own investment objectives and circumstances, and obtain independent financial, legal and tax advice before making an investment decision.
Skybound Capital (Pty) Ltd is an authorised Financial Services Provider in terms of the Financial Advisory and Intermediary Services Act, 2002 (FSP No. 35733).
Bastion Real Estate Partnership is an En Commandite Partnership established to provide investors with exposure to a portfolio of South African real estate assets. Skybound Capital (Pty) Ltd, an authorised Financial Services Provider, acts as investment manager to the Partnership, while Urban Growth provides property management expertise across the underlying real estate portfolio. If you would like to receive further information about Bastion, please complete the form below. Your enquiry will be referred to an appropriate member of the investment team. Submission of this form does not constitute an application to invest, nor does it create any obligation on you or the Partnership.