SA Corporate Real Estate CEO has turnaround plan

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 63%

South Africa Headlines News

Veteran CEO Rory Mackey is staying on to put the listed property company back on track

SA Corporate Real Estate CEO Rory Mackey has signed a one-year contract during which he plans to turn the company around after a number of failed tie-ups, board infighting and attempted takeovers.

Mackey said SA Corporate will exit the office sector, which has experienced high vacancies, and focus on improving its logistics and residential assets in the next months.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech meets innovation as SingularityU SA Summit aims to future-proof AfricaSPONSORED | SingularityU SA 2019 to host thought leaders, innovators and disruptors from around the world
Source: BDliveSA - 🏆 12. / 63 Read more »

IN PICS | Everything Prince Harry & Meghan got up to on their 'joyful' tour of SAThe Duke and Duchess of Sussex, and their baby son, Archie, flew back to the UK on Wednesday after spending a few days in Cape Town and Joburg, as part of their whirlwind tour of southern Africa. Who cares Durban is always left out i will miss them already😭
Source: TimesLIVE - 🏆 28. / 59 Read more »

Xenophobic attacks won’t dampen SA-Nigeria relations, says PandorNews Minister of International Relations and Cooperation Naledi Pandor has expressed regret about the recent xenophobic attacks in the country. However, she emphasised that the acts of violence have not harmed relations between South Africa and Nigeria. How many more years shall they be expressing regrets and apologising. But drugs sold by Nigerians are really a big problem that both countries need to pay attention to ASAP
Source: City_Press - 🏆 7. / 72 Read more »

Zenande Mfenyana shades SA celebs: 'They are such a pretentious group of people'Despite her fame, Zenande doesn't see herself as a celeb and told her Twitter followers that she was not like the rest of the famous people. Where's the lie. It's not shade if it's the truth Botle ba Afrika 🥰 No lies here.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Crunch time: Eskom restructure, growth plan imperative as SA eyes 95% debt to GDPSouth Africa’s public debt could rise as high as 95% of gross domestic product by 2024 if the government doesn’t restructure the state-run utility Eskom and implement a workable growth plan, the Institute of International Finance said in report.
Source: City_Press - 🏆 7. / 72 Read more »

After Topshop shut down all its U.S. and SA stores, the Stuttafords shutdown and the demise of the Platinum Group, Forever 21 is now filing for bankruptcyAfter Topshop shut down all its U.S. and SA stores, the Stuttafords shutdown and the demise of the Platinum Group, Forever 21 is now filing for bankruptcy | W24_SA W24_SA Is this because of Ariana? 💀💀💀 hektique
Source: News24 - 🏆 4. / 80 Read more »