Duncan Owen, global head of real estate at investment manager Schroders,From January 2021, Owen will act as a special advisor to the company. He assumed the position of global head of real estate in January 2012.
JSE-listed Schroder European Real Estate Trust , a Schroders’ trust that was launched in December 2015, said in a statement on Tuesday that its board will “continue to monitor the situation”. “The company’s investment strategy and asset management objectives remain unchanged,” the statement read. In afternoon trade on Tuesday, Sereit’s share price was unchanged at R14.81, having fallen 29.24% so far in 2020.
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Denel CEO Danie du Toit will step down next monthDanie du Toit, the chief executive of South Africa’s struggling state-owned defence firm Denel, will step down from August 15, the company said in a statement on Monday. Denel — one of several loss-making state companies the government has kept afloat with bailout funding — has struggled to pay employee salaries amid a liquidity crisis aggravated by the COVID-19 pandemic.
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