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Commercial Property News South Africa

Anton Raubenheimer joins Synergy Income Fund

From 1 August 2013, Anton Raubenheimer will join Synergy Income Fund as its financial director, replacing Uys Meyer, one of the founders of the fund, who remains on the board as a non-executive director.
Anton Raubenheimer
Anton Raubenheimer

Raubenheimer is a chartered accountant with around 15 years' experience, having spent the past seven years in senior positions in the performance-driven property sector. He has a B.Com from the University of Cape Town and a postgraduate diploma in Accounting.

Prior to joining Synergy, he was managing director of Retail Africa Asset Management. Before this, he was managing director and financial director of Fountainhead Property Trust and head of business development for Virgin Active South Africa.

William Brooks, CEO of Synergy Income Fund says, "We are committed to our growth strategy and this has necessitated significant investment in our management operation. We look forward to having Raubenheimer on board to help drive our growth strategy and further enhance the operational capacity of our business."

Raubenheimer says the fund is an appealing proposition, with its retail assets attracting the emerging middleclass, South Africa's future consumers. "I look forward to being part of the sustainable and measured growth of this unique listed property company," he says.

JSE-listed Synergy is a specialised retail property fund with a specific focus on midsized community and regional shopping centres in high-growth nodes. It owns 15 shopping centres in seven provinces valued around R2.1 billion. Commuter-oriented centres in township areas and rural towns dominate it.

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