PRETORIA – Musical chairs in the listed property sector continued yesterday with Hyprop chief executive Pieter Prinsloo, who resigned earlier this week, allegedly because he and his family were emigrating, appointed to head up listed Redefine Properties’ new Europe division effective from February next year.
Redefine chief executive Andrew Konig yesterday said the new role was necessitated by the group advancing its geographic diversification strategy through direct investment in Central and Eastern Europe.
Konig said Prinsloo’s appointment demonstrated Redefine’s strong commitment to expand its operations in Europe across different sectors.
“Pieter is a seasoned industry veteran with more than 21 years of relevant experience and is a fantastic addition to our leadership team.
“We are confident that Pieter will build on our presence in Poland and continue to expand the strong global brand that Redefine investors have come to expect."