South Africa’s largest specialist logistics real estate investment trust (“REIT”) listed on the Johannesburg Stock Exchange (“JSE”). Equites has executed its vision of becoming a globally relevant REIT with its footprint in South Africa and the United Kingdom.
We focus on creating an environment in which staff are involved, engaged and are valued as active contributors of value creation. This ensures that we lead in the field of prime property logistics.
The reputation of the business and value of the Equites brand is built on the group’s standing commitment to be a responsible, transparent and ethical business, and to maintain the trust of all of our stakeholders.
Equites is the only specialised logistics REIT listed on the JSE. With a footprint in both South Africa and the United Kingdom, we have executed our vision of becoming a globally relevant REIT.
Equites is a level 3 Broad-Based Black Economic Empowerment ("B-BBEE") contributor on the revised property sector scorecard and is now 66% black-owned.
Achieving a Level 3 B-BBEE rating is testament of our commitment to inclusive employment, transformation and governance practices. Our plans for the future are to continue these practices and identify areas where they could meaningfully make a difference.
We are committed to creating long-term benefits for the larger South African society, to ensure that Equites provides a sustainable form of business and a stable social context. Through education and community upliftment, we create the skills needed in South Africa, as well as smoothen the path to transformation.
While we continue to drive the essence of the transformation agenda, we look forward to partnering with our clients to create and deliver value.
1. Qualification: BEcon
Leon is the CEO of ASISA and serves as the lead independent director on the Board of Brimstone Investment Corporation (“Brimstone”). He also serves on the Board of Business Unity South Africa (BUSA) and the International Investment Funds Association (IIFA). With his vast experience in business and investment management, he is able to direct the Board effectively and provide sound guidance to the executive team.
2. Qualification: BSc (Honours) (Mathematics and Management)
Andrea established his own property development company in 2006 and built up a substantial portfolio of modern logistics assets for his own account over the following 8 years. This became an important component of the Equites portfolio on listing. This development expertise and his previous experience in the UK, are key success factors for Equites.
3. Qualification: BA (Law) LLB
Riaan was previously a director with of one of the predecessor firms of Cliffe Dekker Hofmeyr Inc. where he gained extensive exposure to real estate transactions. He then spent some 10 years as an executive director of the Arabella Group and was actively involved in the development of their property portfolio.
4. Qualification: BBsc (Finance & Accounting), PGDA, CA(SA)
Laila joined Equites in 2015 and has played an integral role in improving internal processes within the Group as well as growing the scale and sophistication of the overall finance function. Prior to joining Equites, she worked in PwC’s Advisory division with a focus on mergers & acquisitions. She has a keen interest for environmental, social and sustainable initiatives and serves as a director of MLF.
5. Qualification: B.Com, B.Compt (Hons), CA(SA)
Andre is the Managing Director of Intaprop Investments (Pty) Ltd, a leading property development and investment company. With his financial background and many years of experience in the property sector, he provides valuable insights to the Board.
6. Qualification: BA, CA
Doug serves as a non-executive director on the Board of The Foschini Group Limited (“TFG”) and its subsidiaries, TFG London and RAG Australia. He joined TFG in 1985 and was appointed as CEO of TFG in 2007, having previously held various senior positions within TFG. He served as CEO until his retirement in 2018. He has extensive knowledge and experience in local and international financial, retail and logistics markets.
7. Qualification: M(LAW) LLB
Eunice is a founding member and consultant at EC Advisory legal consultancy. She is completing a Doctor of Philosophy at Wits Business School. Her areas of expertise include corporate law, commercial law, banking & finance law, international law and general contract law. She takes extensive interest in gender relations and equality issues which informs her academic studies.
8. Qualification: CA(SA)
Fulvio serves as a non-executive director of the Absa Group Limited following on from his retirement as a partner at PwC at June 2020. He served as the PwC COO and CRO for Africa for 12 years until June 2019. He has extensive knowledge and experience in the local and international strategic operations of Risk & Quality, Finance, and Information Technology.
9. Qualification: BAcc(Hons), CA(SA)
Keabetswe is the Head of Sanlam Private Wealth, Johannesburg region. Sitting on various executive committees and working groups, she has extensive experience in related organisations. She previously held positions as the founding CEO and director of Africa Collective Investments (RF) (Pty) Ltd; and an independent non-executive and chairperson of the audit committee for Cloud Atlas Investing (RF) (Pty) Ltd. She has strong technical skills in investments, accounting, governance, risk and assurance. She is passionate about cultivating young entrepreneurs, design thinking and innovation.
10. Qualification: BCompt (Hons), CA(SA)
Mustaq is the CEO of Brimstone. He also serves as the Chairperson of Oceana Group Ltd, International Frontier Technologies SOC Ltd and Groote Schuur Hospital Trust. He is a director of AON Re SA (Pty) Ltd. He serves on the boards and committees of various non-profit organisations. With his vast business experience, he brings unique insights and provides sound guidance to the Board.
11. Qualification: BSC, CAIA, CFA
Ndabe is the former CIO of Eskom Pension and Provident Fund. He has worked as a portfolio manager of listed property funds at Coronation Fund Managers and STANLIB Asset Management. He is the inaugural chairman of Asset Owners Forum South Africa and also the chairman of IG Markets South Africa and Fairvest Property REIT. He serves on the Infrastructure Investment Committee that advises SA government’s Infrastructure Fund. His career in the financial services industry covers actuarial science, asset management, and the pension fund industry. He brings a wealth of experience in investment management and a unique asset owners’ perspective to the Board.
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