Marc Wainer

Entity type image
Type: Person
Name: Marc Wainer
First reported 18 hours ago - Updated 18 hours ago - 1 reports

Van Niekerk to run Fountainhead

Former SA Corporate Real Estate Fund's managing director Len van Niekerk has been appointed chief executive of Fountainhead Property Trust (FPT)‚ according to a statement released on Tuesday (18 June). Van Niekerk has extensive experience as a listed ... [Published Biz Community - 18 hours ago]
First reported Jun 18 2013 - Updated 19 hours ago - 2 reports

Fountainhead Property Trust: Full-time chief executive appointed

Fountainhead Property Trust had appointed former SA Corporate Real Estate Fund managing director Len van Niekerk as its new chief executive with immediate effect, the listed property firm announced yesterday. Fountainhead said Van Niekerk had 16 years’ ... [Published IOL - 19 hours ago]
First reported Jun 14 2013 - Updated Jun 14 2013 - 1 reports

Listed property sector bounces back

The sector gained 4.4% (equivalent to a 27 basis points reduction in yield), while the yield on the R186 bond, maturing in 2026, rose by 36 basis points. As a result of this disconnect between the bond and listed property markets last week, the listed ... [Published FAnews - Jun 14 2013]
First reported Jun 09 2013 - Updated Jun 09 2013 - 1 reports

Norbert Sasse has a burning drive for hot deals as well as curry

GROWTHPOINT CEO Norbert Sasse likes a good curry and Delhi Dharbar in Parkmore, Sandton, where he meets Business Times, is a stone’s throw from his office. Mr Sasse, it turns out, has never been here before. But with a sign outside for “takeaways”, it ... [Published BDlive - Jun 09 2013]
First reported Jun 05 2013 - Updated Jun 05 2013 - 1 reports

FPT: FOUNTAINHEAD PROPERTY TRUST - Appointment of directors

Appointment of directors Fountainhead Property Trust A Collective Investment Scheme in property registered in terms of the Collective Investment Schemes Control Act, No.45 of 2002 and managed by Fountainhead Property Trust Management Limited (Registration ... [Published JSE Securities Exchange - Jun 05 2013]
First reported May 31 2013 - Updated May 31 2013 - 2 reports

Redefine plans R1.9bn Hyprop sale

Johannesburg - Redefine Properties, South Africa?s second-biggest real estate company, plans to sell its stake in Hyprop Investments Ltd. starting in September after becoming the biggest shareholder in a rival company.Redefine will use the shares as ?currency ... [Published Daily News South Africa - May 31 2013]
First reported May 30 2013 - Updated May 31 2013 - 2 reports

Growthpoint withdraws Fountainhead offer, turns to FSB

Roy CokayneGrowthpoint has withdrawn its offer for the property assets of Fountainhead Property Trust, but has not given up on its fight for the assets.The company said it would refer to the Financial Services Board (FSB) a decision by the JSE not to ... [Published IOL - May 31 2013]
First reported May 30 2013 - Updated May 30 2013 - 2 reports

Fountainhead falls as takeover bid wi ...

Johannesburg - Fountainhead Property Trust, a South African real estate company, declined the most in more than six months after larger rival Growthpoint Properties Ltd. abandoned a takeover attempt.The shares fell as much as 7.5 percent, the most on ... [Published South Africa Post - May 30 2013]
First reported May 29 2013 - Updated May 30 2013 - 2 reports

Redefine increases stake in Australian property group

REDEFINE Properties increased its direct holding in Australian-listed Cromwell Property Group this week by taking up A$65.6m (R619m) of Cromwell’s capital-raising exercise.While the capital raised would help fund a portfolio acquisition by Cromwell, Redefine ... [Published BDlive - May 30 2013]
First reported May 30 2013 - Updated May 30 2013 - 1 reports

Redefine intends to quit Hyprop entirely

REDEFINE Properties CEO Marc Wainer has retired from the board of Hyprop Investments — signifying a shift in the relationship between property players Redefine and Hyprop towards one of direct competition.Retail-focused Hyprop announced on Wednesday that ... [Published BDlive - May 30 2013]

Quotes

Redefine CEO Marc Wainer said Redefine "always said there was nothing to answer for, and that just vindicates it"
"They had nowhere to go with the bid," Redefine’s Chief Executive Officer Marc Wainer said in a phone interview today. "they should have withdrawn the bid weeks ago."
While Cromwell may not have wanted to co-invest at this point, "assuming they did, that’s where we would like to grow our presence — but we have great difficulty because of exchange controls" , Mr Wainer said

More Content

All (18) | News (17) | Reports (0) | Blogs (0) | Audio/Video (1) | Fact Sheets (0) | Press Releases (0)
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Van Niekerk to run Fountainhead [Published Biz Community - 18 hours ago]
Fountainhead Property Trust: Full-time chief ex... [Published IOL - 19 hours ago]
Van Niekerk named as new Fountainhead CEO [Published BDlive - Jun 18 2013]
JSE clears Redefine in R10bn portfolio battle [Published BDlive - Jun 18 2013]
Listed property sector bounces back [Published FAnews - Jun 14 2013]
IAS honours Redefine Properties’ quality commun... [Published SA Commercial Property News - Jun 12 2013]
Norbert Sasse has a burning drive for hot deals... [Published BDlive - Jun 09 2013]
FPT: FOUNTAINHEAD PROPERTY TRUST - Appointment ... [Published JSE Securities Exchange - Jun 05 2013]
Redefine plans R1.9bn Hyprop sale [Published Daily News South Africa - May 31 2013]
Redefine Plans 1.9 Billion-Rand Hyprop Investme... [Published BusinessWeek - May 31 2013]
Growthpoint withdraws Fountainhead offer, turns... [Published IOL - May 31 2013]
Fountainhead falls as takeover bid wi ... [Published South Africa Post - May 30 2013]
Growthpoint Properties drops offer for Fountain... [Published SA Commercial Property News - May 30 2013]
Fountainhead Falls as Takeover Bid Withdrawn: J... [Published BusinessWeek - May 30 2013]
Redefine increases stake in Australian property... [Published BDlive - May 30 2013]
Redefine intends to quit Hyprop entirely [Published BDlive - May 30 2013]
Redefine increases direct holding in Cromwell P... [Published SA Commercial Property News - May 29 2013]
Redefine Properties Interim Results with CEO Ma... [Published ABN Digital - Video - May 02 2013]
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Redefine Properties Interim Results with CEO Ma... [Published ABN Digital - Video - May 02 2013]
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