SIV has been established to provide climate resilient, green and gender-responsive affordable housing to low-income and middle-income groups, women and youth in North, West and East Africa.
The first housing platform to integrate 3 key elements: (i) Climate-resilient, green and gender responsive housing, (ii) institutional rental, and (iii) crowding in local capital markets (REIT)
SIV is a joint venture between Cardano Development, the incubator and fund manager of innovative financial solutions for emerging markets (e.g. TCX, ILX, Frontclear, GuarantCo), and the former senior management team of Mixta Africa, who bring a successful track-record of delivering more than 13.000 affordable housing units across 8 African countries.
SIV will launch its business concept in Morocco, targeting secondary cities, introducing the 15-minute city concept, and offering both for-sale (75%) and rental units (25%)