Frederick Arendse serves as an Executive Director at Ascension Properties Limited since May 22, 2007 and Manages implementation and liaison with Government tenants post the tender process.
Arendse formed a partnership with Shaun Rai in March 2003 and registered African Alliance Properties as equal shareholders.
Whilst at African Alliance Properties they secured a government lease for the acquisition of the Foretrust building from Old Mutual. He has since been instrumental in the acquisition of a number of buildings in the Western Cape and Gauteng and installed various government departments in approximately 70 000 m² of offi ce space, while at the same time upgrading these buildings to a B+ grade property rating.
Arendse Held accountant and financial director positions in the clothing industry where he worked for 21 years. Since 1996, he operated Westward Financial Services, a consulting firm for National and Local Government on property asset management and joint venture empowerment development Properties.
He serves as a Director of the Manco.