Exec Dep. & Prop Dev. Prog. – (South African)
Sandile is the founder and Chief Executive Officer of Delta Property Fund, a REIT listed on the JSE with a portfolio of assets valued at R7 billion. At listing Delta Property Fund comprised of assets to the value of R2.1 billion. Headed up by Sandile, Delta Property Fund has grown its asset base to R7 billion in 18 months. His vision has initiated tri-partite merger negotiations between three of South Africa’s largest BEE Property Funds which, if successful, will take the fund to R16 billion. He co-founded Motseng Investment Holdings which eventually became the empowerment partner to Marriot Property Group. A series of mergers and acquisitions within the sector provided the opportunity for Motseng to become the largest 100% black-owned property management company in South Africa. Sandile serves as a director on a number of other listed entities, including KAP Limited. He has nearly a decade and a half of experience in executive and non executive positions. Sandile is a graduate of the Property Development Programme from the University of Cape town Graduate School of Business, and holds an Executive Development Programme and Finance for non-financial managers Diploma from the University of Witwatersrand Graduate School of Business.
Lead Independent Director
South African Residing in Mauritius
Peter qualified as an attorney and then became a senior tax manager at Arthur Anderson and Associates in Johannesburg. He joined TWS Rubin Ferguson in 1993 as a tax partner and was instrumental in listing several companies on the JSE. In 2000, Peter set up Osiris International Trustees Limited in the British Virgin Islands (“BVI”) to provide international trust and corporate administrative services to global clients, as well as Drake Fund Advisors which sets up and administers hedge funds in the BVI and Cayman Islands. He was a non-executive director of Redefine International Limited from initial listing for some 9 years and has otherwise been involved in the property industry for many years.
Ian holds a BCom (Honours) in Real Estate Investment, Valuation and Development and has over 41 years of experience with financial institutions, including Standard Bank of South Africa and Nedbank with a specific focus on Real Estate Credit Risk. He has extensive knowledge of the real estate sector’s key role players, business sector and geographic nodes. Ian has managed portfolios in excess of R40 billion during changing economic cycles and managing problematic properties in economic downturns. It is Ian’s expertise and knowledge that have seen him previously hold the position of Head of Credit for Real Estate.
Chief Executive Officer
BCom (Acc) (Univ. of Natal, PMB), CA(SA)
Bronwyn is the Chief Executive Officer of Mara Delta Property Holdings, the largest pan African focused real estate fund listed on the Johannesburg Stock Exchange and in Mauritius. Bronwyn has significant corporate finance and deal making experience. She played an instrumental role in the JSE listing of Delta Property Fund Limited in 2012 where she held the positions of Chief Financial Officer and Chief Operating Officer prior to taking up the leadership role at Mara Delta. During her tenure at Delta Property Fund Limited, Bronwyn spearheaded the diversification of the REIT’s funding sources into the debt capital markets, leading to the establishment of a ZAR2 billion Domestic Medium Term Note Programme (DMTN programme). She led the team responsible for obtaining a national scale issuer rating from Global Credit Ratings as part of the DMTN programme.
In addition, Bronwyn co-headed the team responsible for growing assets under management from ZAR 2.2 billion at listing to ZAR 11.8 billion in May 2016. Bronwyn is a founder member and served as non-executive director on the board of Delta International Property Fund Limited (now Mara Delta Property Holdings) where she played a significant role in the listing and conversion of the fund to its current pan-African focus, underpinned by dollar based leases. She assumed the role of Chief Executive Officer in the lead-up to the fund’s merger with Pivotal to form Mara Delta. She has grown the fund from $220 million to approximately $540 million in 3 years.
Chief Finance Officer
Bcompt (Hons), CA(SA)
After completing articles with PwC, Leon moved to the Global Risk Management Services within PwC, where he become the Senior Manager in charge of Data Management. In 2004, he moved to Solenta Aviation where he became Group Finance Director within 18 months.
During his tenure as Group Finance Director, the group expanded from 12 aircraft to 48 aircraft, operating in 8 African countries (including South Africa, Mozambique, Algeria, Ghana, Gabon, Kenya, Tanzania and Cote d’Ivoire). He joined Mara Delta in April 2015 as CFO, where he has continued to utilise his tax structuring knowledge and experience in operating in Africa to expand the asset base of the group.