Jannie Moolman on running a successful family property business

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Jannie Moolman, chair of the MoolmanGroup which owns 1.2 million square metres of commercial property, shares insights about running a family business & having value systems in such companies on PropertyPod with SurenNaidoo. Download the podcast below

On the latest episode of The Property Pod, the country’s premier property investor podcast, we are talking family business.

Rustenburg Mall in North West province, one of Moolman Group’s flagship retail assets. Image: SuppliedBefore we go into the beginnings and history of the Moolman Group, tell us how big the company is in terms of value and the size of its portfolio currently? “Yes, it [Moolman Group] is the size of a small-to-medium size Reit [real estate investment trust] on the stock exchange …”“We hold some direct property investments mainly in the United Kingdom, and recently we’ve invested in The Netherlands. But it’s fairly small in terms of our overall portfolio. We are a far larger equity investor.”

“We obviously run several different businesses. We have an investment arm and a management arm and also a management company. But the total group employment is approximately 120 people across those various entities. That’s size-wise. And of course, we employ people at the various malls as well. That’s included in that number.”

What are some of your flagship properties that form part of your portfolio at the moment, as well as some of the partners that you’ve worked with over the years?

 

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