The Board acknowledges and thanks Mr Templeton for his dedication and contribution as Chief Executive Officer since July 2004 and wishes him well in his future endeavours.

Prior to joining RMB Properties in April 2004 as Business Development Executive, James was employed at Barnard Jacobs Mellet Securities as an equities analyst for seven years.

Ben van der Ross, Chairman of the Emira Board, comments: “We acknowledge and thank James for his dedication and contribution as Emira Chief Executive Officer since July 2004. We wish him everything of the best for his future endeavours.”

Templeton leaves Emira in a healthy position after his 11 years as CEO, with distribution growth of 9% in the six months to December 2014, and a similar outlook for the year to June 2015, and vacancies well below industry averages. 

The company says the process of identifying an appropriate replacement for Mr Templeton is underway and an announcement in this regard is expected to be made. 

Emira is a JSE-listed SA REIT (real estate investment trust) invested in a quality diversified portfolio of office, retail and industrial properties. Its assets comprise 148 properties valued at R12.5 billion. Emira is also internationally diversified through its direct interest in ASX-listed Growthpoint Properties Australia (GOZ), valued over R700 million, with total assets now at R13.5 billion.