- CEO
- Charles Kenneth Robertson
- Full Time Employees
- 3
- Sector
- Finance
- Industry
- Real estate development
- Address
- 23 Kleinplaas Stellenberg South Africa 7550
- IPO Date
- Apr 4, 2014
- Business
- Visual International Holdings Limited engages in property development, investment, and services primarily in South Africa. The company offers a comprehensive range of products and services, including acquiring and rezoning land; developing entire suburbs comprising residential houses, apartments, lifestyle and retirement accommodation; retail facilities; schools; offices; and recreational amenities. It also provides property management, outsource construction, intellectual property solutions, and project planning services. The company operates through three segments: Property Services, which includes management, administration, and consulting on development projects; Property Investment, focusing on letting residential properties held by the group; and Property Development, which involves developing residential properties for sale or lease to third parties.
Founded in 2006 and headquartered in Stellenberg, South Africa, Visual International Holdings Limited, formerly known as Presto Financing Proprietary Limited, changed its name in October 2013 to reflect its broader business scope. As a property holding and development company, it manages land acquisition, rezoning, infrastructure installation, and construction within South Africa's real estate market.
Recent major changes include ongoing strategic initiatives focused on recapitalization and expanding property assets. The company has redesigned apartment units at its Stellendale Junction project to meet or exceed NSFAS requirements, with sales and rentals proceeding as part of its phased development. Visual International has also explored additional funding and recapitalization opportunities to support its growth and operational needs. Additionally, the company completed a follow-on equity offering to bolster funding. These tactical moves underline its commitment to strengthening its financial position and expanding its footprint within the South African real estate sector.
Visual International Holdings Limited is publicly listed on the Johannesburg Stock Exchange (Ticker: VIS.JO) and continues to serve the South African property market, targeting homeowners, investors, and institutional clients with its integrated development and property management offerings. Its comprehensive approach to developing entire suburbs ensures quality and integrity, providing job creation and affordable housing solutions.
Overall, Visual International Holdings Limited stands as a diversified property developer and manager with deep involvement in residential, commercial, and mixed-use projects across South Africa, supported by recent strategic funding and project advancements to maintain and grow its market presence.