PHINDANA HOUSING (PTY) LTD
Construction in Newcastle

MDV Developments is, in unison with its associated companies, committed to empowering people at grassroot level, as illustrated by our approach and successes in providing housing in this market. Since inception in 2004, MDV has successfully developed more than 3000 units. As a company we believe in leaving a legacy of improving people’s lives. We are committed to delivering a quality product at an affordable price and our history of successfully completed projects is testimony to these ideals! Phindana Housing entered into an agreement with Thebe Investment Corporation to acquire a stake in the group as they share our vision and support our initiatives in improving the lives of all previously disadvantaged people, by providing much needed housing at affordable prices. Pryca Property Specialists has a Rental Management Solution specifically designed to meet the needs of the Residential Property Investor. Housing Investment Partners’ vision is to improve the quality of life and the potential for wealth creation for many home owners in the affordable housing sector, by offering, in response to the unique needs of the market, earlier access to home loan finance. The company’s Managing Director, Anton van Vuuren (B Admin, PEC), is well known in this industry and was a founding member of Phindana Properties. Under his leadership the Phindana Group has established itself as one of the market leaders in providing housing to those purchasers that form part of the C and D income markets. Apart from his experience in the traditional townships, he has also successfully developed various properties in the upper end of the market during the past 10 years. Rory McGuirk (B Compt), the Financial Director, has been with the group since it was established and has ample experience in all aspects of Financial Management. His vast experience in the field of corporate and structured finance, makes him an invaluable contributor to the Group’s successes. Accounting) from Thebe Investment Corporation fulfils the role as a Non-Executive Director on our board. He completed his articles through Deloitte including brief secondment with Deloitte LLP, Milwaukee in Wisconsin (USA) and has vast experience in a number of industries, including mining and property. His ingress into property began at Sunflower Housing Company, a company established by Anglo Platinum to provide housing for its employees. He is the founder member of Excellerate Facilities Management and former Financial Director of Kagiso Property Holdings. He is a Non-Executive Director of Johannesburg Housing Company and at present is the Financial Director of Thebe Property Asset Management. We are fortunate and proud to have a person of his professional stature on our team. Candidates are chosen from graduate professionals with relevant experience. As personnel are developed and add value to the organisation, remuneration structures are tailored to provide sufficient incentive to grow within the company. The result has been the formation of an integrated and experienced middle management team that is committed to the ideals of MDV Developments.