Khumo Property Asset Management (Khumo) is a joint venture between Botswana Insurance Fund Management (BIFM) and Eris Property Group of South Africa, and was formed in November 2005.
BIFM is the largest fund manager in Botswana with over P23 billion worth of different asset classes under management.
Eris Property Group-formerly Rand Merchant Bank Properties (RMB) has more than R22 billion property assets under management in Southern Africa. Eris has specialist experience in property development, leasing, investment broking and valuation.
Following restructuring, RMB underwent a name change and adopted the new name Eris Property Group (Pty) Limited, (“Eris”). The company name was changed to recognise that the new company will no longer be controlled by RMB.
The joint venture ensures that the synergies and strengths available from the two companies are utilized to enhance the strategy and service delivery to clients and position Khumo as a first choice property asset management company in Botswana. Thus we are also able to offer the same services as our parent companies and we would like to be seen as a one stop property shop. In particular, Khumo has specialist experience in property asset management, property management, facilities management, property development, leasing, investment broking and valuation.