Fund manager drums up Balwin shareholders to reject BEE deal
Balwin announced in May that it had concluded an agreement with Reggie Kukama, which would see the two companies establish a BEE special purpose vehicle which will own 10% of Balwin.
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Balwin announced in May that it had concluded an agreement with Reggie Kukama, which would see the two companies establish a BEE special purpose vehicle which will own 10% of Balwin.
MONEYWEB LIVESTREAM Lefakane co-founded the Youth in Property Association to help drive transformation in SAâs broader property industry. 00:01 Open: Open: Open: SUREN NAIDOO: With June being Youth Month, in this episode we are speaking to Monedi Lefakane, the co-founder and current chairperson of the Youth in Property Association. The organisation, or Yipa, as it is also called, promotes youth entering South Africa’s property sector. It’s quite a youthful body, being only a few years old and run virtually entirely by young people. One of them is Monedi Lefakane. INSIDERGOLD S...
Involving businessman Aobakwe Kukama and aimed at boosting its empowerment credentials.
Monday 17 May 2021 - 4:29pm Balwin Properties reported an 18 percent drop in profits for the full year to February. The firm's Chief Financial Officer Jonathan Weltman spoke with eNCA's Devan Murugan. Courtesy of #DStv403 JOHANNESBURG - Balwin Properties is benefiting from the strong demand for one- and two-bedroom apartments. These already make up 77 percent of the total number of apartments, recognised in the revenue of South Africa's largest sectional title developer. In its latest annual results, the company reported an 18 percent drop in profits for the full...
Balwin Properties says it has 28 developments in the pipeline which could be built over a 15-year development horizon. In the past year, the company increased the roll-out of its affordable Green Collection developments in Gauteng. In the upcoming year, Balwin will introduce its Green Collection brand to the Western Cape. It's been a tough year for landlords, but not so much for companies focused on residential developments, Balwin Properties' financial results show. The developer of prime residential estates such as The Polo Fields in the Waterfall Precinct and Izinga Eco Estate, located i...