Accelerate Property Fund poised to fly with Fourways set to be the next Sandton

Accelerate Property Fund’s future plans for development are definitely worth taking note of, with Tito Mboweni serving as Chairman on its Board, a pot R468m waiting to be spent on strategic developments and plans to expand Fourways Shopping Centre from 64,000m2 to 175,000m2 this REIT is definitely one to watch.

New property baron Tito Mboweni: Intends turning Fourways into Manhattan of Africa, surpassing Sandton City

Former SA Reserve Bank Governor Tito Mboweni has taken well to business. This morning he ushered in the JSE’s newest listing, Accelerate Property Fund, whose R6bn portfolio is dominated by the Fourways Mall, an enormous development north of Sandton. In this engaging and wide ranging interview, Accelerate chairman Mboweni moves from Nelson Mandela’s turnaround from … Read more

Adcock Ingram vote going down to the wire; The ten most popular reads of the past week

Hi there, Just after Biznews.com launched, mining entrepreneur Bernard Swanepoel wrote us a piece lamenting how hostile takeovers are so difficult under South African law. Swanepoel, of course, spoke from experience. He was Harmony’s CEO when it launched that hostile bid for Goldfields Limited – but failed because of a system that allowed Goldfields to drag things … Read more

Tito Mboweni may be your landlord; chairs R6bn company which owns Fourways Mall, lists next month

Tzaneen’s most famous son, Tito Mboweni, has been making some serious business waves since leaving his Governorship of the SA Reserve Bank. ANC stalwart Mboweni, who chairs JSE-listed gold major Anglogold Ashanti and energy prospector Sacoil, will be expanding his listed company portfolio on December 12  Accelerate Property Fund makes its JSE debut. Recently formed, … Read more