Heartwood Properties expands its board of directors

Posted On Friday, 16 November 2018 10:44 Published by
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Heartwood Properties, a commercial and industrial property developer listed on the 4 Africa Exchange, recently announced the appointment of Mr. Bernard Roy Seeff as the latest non-executive director to join the company’s board of directors and act as a member of their audit committee.

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Seeff holds a master’s degree in Industrial Engineering and a Higher Diploma in Computer Science from the University of the Witwatersrand, Johannesburg, as well as an MBA degree from University of California in Los Angeles (UCLA). After working for a Fortune 500 corporation in the United States, Mr Seeff returned to South Africa in 1981 and has served as director on numerous company boards, including managing director of Symo Corporation (being manufacturers of steel shelving and other fabricated steel products) and currently Managing Director of Sydmore Holdings, specializing in property ownership and management.

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Says Johan Whall, CEO of Heartwood Properties: “We are excited to welcome Mr. Seeff to our board. His substantial business experience will be a key asset to our company and we look forward to his invaluable contributions.”

Heartwood Properties initially began as a joint venture between Gauteng property developers, Brydens Group and Montagu Property Group. They specialise primarily on properties in the warehousing and commercial sectors and have significant expertise in green and sustainable developments. They are also the first property development company to list on the new 4 Africa Exchange (4AX) where Pallidus Capital acts as the ongoing external issuer agent of Heartwood Properties shares. Most of the company’s tenants secure long leases and operate in the medium-to-large owner-managed sector. Current and future developments include Phase 4 of the Willow Wood Office Park, an R80m warehouse and showroom in Northriding with one substantial tenant already secured, and a prime office development in Bryanston that will feature a rooftop venue looking back at the Sandton skyline.

Operating predominantly in the Gauteng region Heartwood is also busy expanding into the Cape Town area.

Last modified on Monday, 19 November 2018 11:10

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