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Delivering unique commercial property offerings for over 30 years
New Property Ventures is a property development and investment company with in-house management experience and professional expertise in all sectors of property development. Founded in 1991 by Mike Nixon and his late partner Chris Drummond, New Property Ventures has become an established commercial property owner and developer based in Cape Town.
NPV is unique in that it is wholly owned and financed by its single shareholder, the Nixon family. This makes decision-making simple and fast. NPV has repeatedly re-invested development profits from its greenfield and brownfield projects in South Africa and the UK to build up its commercial property portfolio.
Planning and diligent analysis of the development or investment prospect is one of the key strengths of NPV. Using a combination of the directors’ complementary skills in building construction, project management and financial fields, every project is individually analysed, as each situation is unique, both geographically and in terms of infrastructure.
Innovation, lateral thinking and implementation are key strategic strengths. Solutions and there sustainability are paramount.
To occupy a unique niche within the property market – taking on investment and development projects that are too large for private individuals or syndicates, or too complicated for traditional property institutions and funds to deal with. This niche leads to property ‘problem children’ being tackled and completely redesigned and developed around a sustainable long-term commercial model.
NPV aims to organically grow both its development projects and commercial portfolio on a sustainable basis, and aims to be one of the pre-eminent family-owned / managed property companies based in Cape Town, but with diversified exposure to the well-known UK market.
Resulting in an owner-managed commercial property investment portfolio of over R2.7 billion that performs exceptionally, providing both capital flow and growth.
Our team is made up of dedicated individuals with each member bringing their unique skill set and experiences to the table, creating a diverse and dynamic team.
