Asset Magazine Oct 2025

In conversation with Musi Skosana and Vuyani Bekwa

MSM PROPERTY FUND

make property investment available to everyone. We also want to use direct property in such a way that it can change people’s lives – by creating jobs, by creating developments like shopping centres and healthcare facilities in communities that need them – and to drive the change that South Africa still needs.”

A business built on change “The impetus and drive behind the business is our belief in change,” Musi explains. “We are an asset management and property equity firm in essence, but we want to use property – which is an amazing asset class – to democratise investing and

...we want to use property to democratise investing and make property investment available to everyone.

MSM’s Infrafund is mandated with impact, both physical and social, delivering infrastructure to address South Africa’s needs whilst creating jobs and development opportunities.

asset class. Investor enthusiasm for the sector had waned, and the years that followed proved especially challenging. The slump from 2018 to 2023, coupled with the effects of the Covid-19 lockdown, rising interest rates and shifting workplace dynamics, tested the resilience of every player in the market. Yet MSM emerged stronger. The firm has grown from R15 million in assets under management in 2015 to more than R1 billion today. This success, Musi insists, is rooted in

That ethos underpins the company’s motto, ‘We Are Change’. It is a philosophy that has carried MSM from its establishment a decade ago to its current position as one of the most dynamic challenger brands in South African real estate investment and financial services. Building resilience in tough times When MSM was founded in 2015, property was not in vogue as an

October 2025 | Issue 141 | Asset Magazine 185

184 Asset Magazine | Issue 141 | October 2025

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