Acquisitions and Disposals exec appointed

Posted On Tuesday, 29 November 2011 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

Alex Phakathi has been appointed as Acquisitions and Disposals Executive of Redefine Properties

Marc WainerPhakathi is well known in the property industry having held the position of Managing Director of Pareto Limited since 2004.  Among his many duties, Phakathi was responsible for developing the overall company strategy at Pareto which included enhancing the profitability of the existing property portfolio and growing the asset base. Prior to Pareto, Phakathi held the positions of senior Property Executive and senior Corporate Finance Manager at Eskom. 

He was most recently Head of Strategy and Planning in the property division at Absa.

Marc Wainer, CEO of Redefine, says Phakathi's experience on the BEE Property Charter Council will assist Redefine in ensuring its properties comply with the Charter. Along with that, the expertise Phakathi gained through the management of Eskom's extensive portfolio will be put to good use as he determines the acquisitions and disposals needed to grow and improve the quality of Redefine's portfolio, adds Wainer.

Last modified on Monday, 11 November 2013 08:16

Most Popular

Impact of fuel price increase on commercial property

Jun 02, 2022
John Loos
It is well-known that the cumulative fuel price increase has added significantly to…

Fluxmans signs long lease with Growthpoint Properties for Illovo Corner offices

Jun 02, 2022
Illovo Corner
South African law firm Fluxmans has signed a long lease with Growthpoint Properties (JSE:…

Rebosis Property Fund bids farewell to Dr Anna Mokgokong, the founding independent non-executive director and chairperson

Jun 02, 2022
Rebosis Property Fund, a JSE listed real estate investment trust (REIT) with a…

Rebosis reports improved operational performance for six months to end February 2022; focus remains on portfolio optimisation

Jun 01, 2022
Otis Tshabalala Rebosis Property Fund
Rebosis Property Fund, a JSE listed real estate investment trust (REIT) with a…

Please publish modules in offcanvas position.