I Res Fund is a long-term residential investment fund focusing on mid-to-upper level residential investment properties. The company was formed in 2018 as a collaboration between the I Group (www.theigroup.co.za) and SLM Group (www.slmdev.co.za), uniquely combining the expertise of the I Group’s retail property and asset management principles with the residential experience and knowledge of SLM Group.


I Res Fund place significant focus on the following key investment principles:

• Minimum net income yield • Forecasted capital growth nodes • Mid-to-upper level residential (houses and 2-to-3 storey walk-ups) • Decentralized around major urban metros • Geographically balanced and spread


We get involved in both development and completed stock phases whereby if the respective developable land would meet the investment criteria, the fund will develop to hold, or alternatively acquire straight out completed units. Completed units are acquired either as a bulk pre-sale from other developers on residential development stock still in it’s development phase or as completed fully tenanted stock.


Paul Munday – Director

Paul Munday’s specialty lies in structured finance, commercial property lending and asset management. Through his experience and time in the industry, he has developed a keen passion for more in-depth elements, including financial management, budget analysis and forecasting, buy-sell strategic analysis, property fund structuring and management and the creation and testing of property financial models.

William MacRobert – Director

William is a qualified CA(SA) and started his career at Investec Bank, spending 9 years specializing in property finance and private equity, and then as Group CEO of Uvest Property Group and Sitari Country Estate for 5 years. He was responsible for the set up and management of a large-scale residential fund with Old Mutual as co-investor, as well as managing the planning and development of one of the largest integrated housing estates in the Western Cape with more than 3000 housing opportunities. In 2017 he formed the SLM Group, specializing in the development and management of residential property.