Miccprop appoints new boss

Posted On Wednesday, 08 October 2003 02:00 Published by eProp Commercial Property News
Rate this item
(0 votes)

Property fund acquires its property portfolio

Property-Housing-ResidentialProperty fund Miccprop, which is to list on the JSE Securities Exchange South Africa (JSE) on Thursday and the Namibian Stock Exchange (NSX) on Friday, has announced that Gregory Chalmers has been appointed its chief executive officer.

Chalmers, an attorney, has been working in corporate finance and related activities for the past decade.

Miccprop also said it had acquired its property portfolio, which according to an announcement earlier this month comprises 40 properties broadly split into retail, light industrial and commercial.

In the earlier announcement, Miccprop said that it would focus its resources on identifying opportunities, which would enable it to enhance the income potential of its total portfolio, increase the effectiveness of the portfolio and extract synergies throughout the fund.

Miccprop's promoter is Sanlam Property Asset Management, to which it has outsourced its property management function.

 

Last modified on Friday, 09 May 2014 16:35

Most Popular

Equites Property Fund’ prime logistics portfolio delivers exceptional returns

May 04, 2022
Andrea Taverna-Turisan
Equites Property Fund Limited today announced growth in its distribution per share of…

When is eviction legal? All you need to know about dealing with problem tenants

May 04, 2022
Evictions
Buying an investment property is great, especially when you’ve chosen a good location.…

Money laundering risks on the rise in real estate

May 05, 2022
James George
Property practitioners in South Africa have been identified as potentially vulnerable to…

Fairvest to list on A2X

May 04, 2022
Fairvest Limited has been approved for a secondary listing on A2X Markets and will be…

Dipula reports solid interim results; all conditions precedent for the repurchase of Dipula A-shares fulfilled

May 05, 2022
Izak Petersen
South-African focused JSE-listed diversified REIT, Dipula Income Fund, today announced…

Please publish modules in offcanvas position.