UK REIT Redefine International has announced the appointment of Bernard Nackan to its board as a non-executive director with effect from 1 April 2014.
The 69-year-old was financial editor of Johannesburg daily newspaper the Rand Daily Mail, an executive director of Sage Group from 1974 until his retirement in 2003, and for more than 10 years was a member of the Collective Investment Scheme Advisory Committee, which investigated and reported or advised on all policy, administrative, technical and supervisory matters concerning collective investment schemes in South Africa.
Until December 2013, Nackan was also non-executive director of Redefine Properties International, which de-listed from the Johannesburg Stock Exchange on 4 November 2013.
He is currently a non-executive director of two companies listed on the JSE: Redefine Properties Ltd, which has a 32.95% shareholding in the company; and Fountainhead Property Trust Managers.
bridget.o’connell@estatesgazette.com
