Hybrid offers challenge for Azizollahoff.

Posted On Tuesday, 22 April 2003 02:00 Published by
Rate this item
(0 votes)
Brian Azizollahoff has taken over as chief executive of Redefine Income Fund, replacing Peter Penhall.

Brian Azizollahoff has taken over as chief executive of Redefine Income Fund, replacing Peter Penhall.

Azizollahoff says he is looking forward to the challenge of running a hybrid property company. Redefine has both listed and direct property portfolios.

He started his 16 years in the property industry in Canada, where he worked for global construction firm Olympia & York, famous for building the World Financial Center in New York and Canary Wharf in London.

In the late 1980s, the collapse of the office market pushed Olympia & York into bankruptcy and, in 1990, Azizollahoff returned to South Africa. He joined the property division of Anglo American and became a director.

When Anglo decided to dispose of its non-core assets, including its property interests, Azizollahoff was part of the team that formed ApexHi Properties, buying both properties and the property management business from Anglo.

ApexHi listed in 2001 with Azizollahoff as managing director.

Business Times


Publisher: Business Times
Source: Business Times

Most Popular

Five things you need to know about the repo rate

Jan 28, 2021
Carl_Coetzee_BetterBond_CEO
The South African Reserve Bank has just announced that it is holding the repo rate…

SA REIT Association - Chairman's message and 2021 sector outlook

Feb 02, 2021
Estienne de Klerk_Chairman of SAREIT
Real estate has long been a rewarding sector of the financial markets. Like all sectors,…

It’s cheaper to buy than to rent a home in 2021

Feb 08, 2021
Carl_Coetzee_BetterBond_CEO
If the past year has taught us anything, it is how important our homes have become to us.

Thavhani City set for more growth in 2021 as its Motor City and medical developments accelerate

Feb 15, 2021
Thavhani_City_Locality_Layout
Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic…

Brand new residential development in La Lucia 60% sold through Pam Golding Properties

Feb 15, 2021
Kent_Exterior
Such is the consistent high demand for centrally located, well-priced residential…

Please publish modules in offcanvas position.