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Real Estate Professional with local and international experience, working for listed multinational Property Funds, bringing significant expertise across a breadth of real estate projects including large-scale civil and building projects, high-density residential, logistics and warehousing, as well as significant retail developments both in Africa and Central Eastern Europe.

Brings a proven track record of successfully coordinating and managing multiple projects and project teams, both locally and abroad. A well-established network across listed property fund executives, developers, engineers, architects, and real estate professionals primarily in South Africa and CEE.

A well-developed understanding of property/development finance and structuring, asset management, property management, and facilities management. 


  • 10 years experience in listed multinational property funds (Retail, Office and Logistics sectors)
  • 6 years experience in residential real estate project planning, development, and management.
  • 3 years experience in large-scale civil and construction projects.
  • 4 years team leadership experience (largest team managed: 8 direct reports).
  • Part of the core team involved in successfully concluding 16 M&A deals for large retail assets.
  • Internal and external stakeholder engagement and management skills engaging with senior-most government officials, town-planning representatives, corporate partners, various professionals (architects, engineers), technical and operational contractors and internal teams.
  • Expertise in corporate real estate leasing, mergers, acquisitions, and disposals.
  • Ability to manage diverse portfolios of corporate real estate.
  • Solid technical background in Construction & Construction Contract Management.
  • Good negotiating, collaboration and communication skills.
  • Self-driven, energetic, and highly motivated individual. 


  • Due Diligence
  • Asset Management
  • Real Estate Development
  • Profit & Loss Management
  • Financial Planning & Forecasting
  • Project Feasibilities
  • Pro-Active & Innovative
  • Contract Negotiations
  • Team Building/Leadership
  • Client Relationship Management
  • Judgement/Problem Solving
  • Anticipating Economic Climates
  • Diverse Market/Industry Knowledge
  • Strong Leadership & People Skills

July 2018Feb 2019
NEPI Rockcastle PLC (Rockcastle Poland Sp z o o merged with NEPI in 2018)

Development Director Central Eastern Europe

NEPI Rockcastle (Formed from the merger of NEPI - New Europe Property Investments, and Rockcastle Global Real Estate), is the premier owner and operator of shopping centres in Central and Eastern Europe (CEE), with a presence in nine countries and an investment portfolio of €6.3 billion as at 31 December 2019. 

Appointed as the Development Director for Poland, Czech Republic, Hungary, Lithuania, Latvia, Estonia, based out of Warsaw, Poland and reporting directly into the London-based Rockcastle CEO, Spiro Noussis.

Key achievements:

  • Member of the merger and acquisitions team responsible for the technical due diligence on large retail assets;
  • Responsible for the technical due diligence on all properties in the portfolio prior to the merger between NEPI and Rockcastle in 2017/2018;
  • Responsible for the design, planning and permitting, construction contract negotiations, execution and reporting for all real estate development projects before and after the merger;
  • Responsible for all properties' technical and operational management throughout the merger process.

Reason for Leaving:

Cultural concerns post the merger along with personal considerations led to my resigning from the Group and returning to South Africa.

June 2015June 2018
Rockcastle Global Real Estate (Retail REIT)

Development Director

Appointed as the Development Director for Rockcastle Poland Sp z.o.o, (A wholly-owned subsidiary of the retail-focused listed Property REIT Rockcastle Global Real Estate, based in Warsaw Poland), tasked with amongst other things the establishment of a new office which was established to spearhead and execute the company's growth ambitions and strategy into Central and Eastern Europe.

Career Highlight: Part of the core Rockcastle Poland Sp z.o.o team who in a period of 4 years successfully assembled and redeveloped a formidable Retail Portfolio of over 16 shopping centres across multiple countries in Central Eastern Europe.

Primary Responsibilities:

Reporting to the London-based CEO and as a member of the Executive Committee, my initial responsibility was that of establishing the new CEE Office based in Warsaw, Poland, including negotiating new office leases, designing and fit-out of the new offices, establishing a new team of staff including project managers, asset managers and financial staff to support and manage the day-to-day operations of the CEE head office and portfolio of CEE retail centres. 

Aside from setting up and establishing the new CEE office in Warsaw, the core mandate of the Development Director was to extract value and ensure the ongoing growth and value proposition of all the assets being bought into the portfolio. This was achieved through various means including but not limited to the complete redevelopment of assets, expansion of assets to increase GLA and associated income, as well as re-looking the tenant mix with the asset managers in order to optimize tenant size and mix in each retail centre. The ongoing technical maintenance and management as well as the installation and relocation of key tenants within each asset also fell within the scope of the Development Director role.  

Director Roles & Responsibilities:

  • Prepared OPEX and CAPEX budgets in preparation for and understanding of, the offers to be made on any potential acquisitions;
  • Prepared, presented and reported on feasibilities for new developments;
  • Prepared and reported on the ongoing project based P&L for all developments;
  • Prepared, presented and reported on the ongoing yields/returns on all the developments and for the portfolio as a whole;
  • Prepared, presented and reported on the progress and project status including time, cost and quality for individual developments as well as the portfolio as a whole;
  • Ensured the development teams for each region were sufficiently staffed and qualified;
  • Recruitment of local development managers.
  • Senior-most liaison and company representative tasked with managing key stakeholders including local governments and JV partners, negotiating land-use agreements, planning and permitting agreements and any other local and or national approvals or agreements required for the implementation and execution of the proposed developments.
  •  Represented the organisation at various industry sector forums and conferences including annual attendance at both the MAPIC and MIPIM retail conferences in France.


Project Related Roles and Responsibilities:

Leading a development team of 8 people, the Development Director fulfilled an oversight role of all real estate projects in the portfolio. Additional responsibility for:

  • Technical due diligence on all buildings prior to acquisition;
  • Appointing and leading design and engineering teams for the redevelopment of the assets.;
  • Appointing and leading the planning and permitting teams and processes;
  • Managing an in-house team of  5 Development Managers based in the various regions;
  • Negotiating, reviewing and signing-off on all Professional Services Agreements i.e. architects, cost consultants.
  • Negotiating, reviewing and signing off on all General/Main Contractor Construction agreements;
  • Attending high-level meetings with various political figures, and negotiating the necessary planning and permitting rights for the development redevelopment rights.
  • Retail assets in the portfolio ranged in size and scale from 26 000m2 to 92 700m2 (acquired, redevelopment design, planning and permitting and execution through completion).
  • 16 successful acquisitions were concluded between 2015 - 2019
    • 11 in Poland, 2 in Hungary, 2 in the Czech Republic and 1 in Lithuania (a detailed breakdown of these transactions, size, scale, transaction value are available on request. 

Reason for Leaving:

Promoted to Development Director for Poland, Czech Republic, Hungary, Lithuania, Latvia, Estonia following the merger between NEPI & Rockcastle Global.

Jan 2009June 2015
Resilient Property Income Fund (Retail REIT) / Fortress Real Estate Investments (Industrial REIT)

Development Manager

Resilient is a Real Estate Investment Trust (REIT) which has been listed on the Johannesburg stock exchange since December 2002. It owns a portfolio of dominant regional malls and shopping centres tenanted predominantly by national retailers.

I joined the group as one of four Project / Development Managers, responsible for:

  • The appointment and management of the full team of development professionals
  • The scrutinizing and compilation of development designs and feasibilities compiled by the PQS.
  • Presenting the feasibilities to the board for approval.
  • Management of both the professional team and contractors, from their appointment, the inception of the development through the design phase, to the execution and completion of the project (end-to-end).
  • The management of the town planning process, so as to ensure all the required development rights and zonings were in place for the successful implementation of the development. Including liasing with the relevant local and national government authorities.
  • Ensuring compliance with all regulations including National Building Regulations, SANS 10400 regulations, Local Council regulations and Occupation Health and Safety Regulations.
  • Financial management of the development including the development of monthly cost reports and detailing the financial position of the development. 
  • Managing the development scope and reporting on the financial implications including any variances from the original scope which would impact the final viability or ROI.
  • Managing the Contractor in accordance with JBCC Principle Building Agreement.
  • Also responsible for the Management of any major redevelopments, extensions, maintenance work or upgrades to any of the assets in the fund.

Reason for Leaving:

Internal promotion. Opportunity to relocate from South Africa to Poland to take on the role as Development Director in the newly formed entity - Rockcastle Global.

Aug 2004Jan 2009
Summercon Holdco. (Pty) Ltd.

Construction Project Manager


Persons employed in a Project Management capacity were generally responsible for everything construction related from the site handover up to and including the handover of the completed units to the end-users/clients. Major responsibilities:

  • Planning & Programming of Construction Works
  • Measuring and pricing the BOQ
  • Preparation of the Development Budgets
  • Adjudication of subcontractor tenders & prices
  • Management & Supervision of all Subcontractors
  • Monthly subcontractor payment certificate authorization
  • Variation order management, control and implementation
  • Snagging of all units prior to handover
  • Monitoring the construction program and ensuring a timeous completion and handover to the clients
  • Material ordering and controls
  • Ensuring all council documentaion and certificates in place prior to handover
  • 7 residential developments completed during the period 2004 - 2008 ranging from 40units/HA to 110units/HA valued at between ZAR30 million - ZAR110 million (project detail available upon request).

Reason for Leaving:

Retrenched due to the 2008 Economic Recession in SA.

Jan 2001Jul 2004
Concor Construction

Site Engineer

Coega Deepwater Port(2003-2004)

Site Engineer on Marine Works - Container Quay wall

Marine Works Contract Value Approx. ZAR1,4 Billion

New Student Accommodation at UPE(2002)

Part-time work while completing my Honors Degree

Clerk of Works for University of Port Elizabeth

Contract Value Approx.ZARR18 Million

New Domestic Terminal at Johannesburg International Airport (2001)

Student Site Engineer

Contract Value Approx. ZARR350 Million



Contact details provided upon request

Spiro Noussis

Rockcastle Global Real Estate & Later NEPI Rockcastle CEO

Direct Report

Steve Brown

Current Fortress Property Fund CEO & Member of the board

Indirect Report

Andrew Texeira

Ex Fortress Property Fund CEO & Member of the Board.

Indirect Report

Mark Stevens

Ex Fortress Property Fund CEO & Member of the Board.

Direct Report

Desmond De Beer

Resilient Properties CEO & Member of the Board.

David Lewis

Resilient Properties Development Director & Member of the Board.

Direct Report