Transaction Summary
Rode Publications (Pty) Ltd, operating as Rode Publications & Media (Rode Publications), secured an undisclosed investment from REdimension Capital (REdimension) to enhance its platform and expand data-driven real estate insights in South Africa. This follows the 2024 acquisition of Rode & Associates Property Consultants & Valuers by The Valuator Advisory (TVA), which split the company—integrating property valuations into TVA and spinning off market research as Rode Publications & Media. The investment was made through REdimension’s inaugural fund, REdimension Real Estate Technology and Sustainability Fund I, South Africa’s first dedicated proptech fund, backing early-stage innovations in property development, management, and utilisation. The fund achieved a first close of $11 million in August 2023.
Terms
- Fund Managers: REdimension Capital (Pty) Ltd
- Fund: REdimension Real Estate Technology and Sustainability Fund I
- Target: Rode Publications (Pty) Ltd
- Transaction Type: Investment
Transaction Rationale
The REdimension Real Estate Technology and Sustainability Fund I invested in Rode Publications as part
