Mr Muller currently serves as an Independent Non-Executive Director of the Board and will facilitate a smooth handover with Ms Nosiphiwo Balfour, the incumbent Chief Executive Officer, over the coming weeks.

Marius’ career spans 25 years and he is the Founder and Chief Executive Officer of Venator Capital, a real estate advisory and consultancy practice.

Prior to establishing Venator Capital he held the position of Chief Executive Officer of Pareto Limited, an unlisted property company, for 6 years.

Marius has served as a director on various boards of JSE-listed property companies including Resilient REIT Limited and Pangbourne Properties Limited. In addition, Marius held two terms as the President and Chairman of the South African Council of Shopping Centres.

“We’re very happy to have someone of Marius’ experience and calibre step in during this transition period for Texton. As the Board, our aim is to cause as little disruption as possible for both shareholders and employees, hence the handover period between Marius and Ms Balfour will take effect immediately,” said Mr Dempsey Naidoo, Board Chairman.