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Fountainhead Property Trust appoints Len van Niekerk as CEO

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Staff writer | Johannesburg, South Africa | June 18, 2013
Fountainhead Property TrustJune 18, 2013, Johannesburg, South Africa - Fountainhead Property Trust announced that it has appointed Len van Niekerk as chief executive officer.
Mr. van Niekerk was the Managing Director of SA Corporate Real Estate Fund. He has a total of 16 years investment experience,including being a rated listed property analyst at Standard Bank and head of quoted property at Old MutualInvestment Group South Africa. He holds a Bachelor of Commerce Honours from the University of Johannesburg.

The company also announced that the acting Chief Executive Officer Alex Phakathi will resume his role as Acquisitions and Disposals Executive at Redefine.

Mr. Phakathi has more than 15 years of commercial property experience. He was on the executive committee of Redefine responsible for acquisitions and disposals. Previously, he was the managing director of Pareto Ltd with a portfolio of shopping centres and hotels.

Before joining Redefine, Mr. Phakathi was the head of property strategy and planning for Barclays Africa (Absa CRES). He is a past-president of SAPOA and serves on the board of the property charter. He has a Master of Commerce degree from Wits.