Real Estate Investor Magazine South Africa December / Jan 2016 | Page 12

MASTER INVESTOR

From 0 to

R10 billion

in 6 years

How Delta did it...
and is doing it now in Africa

S

ix years ago, Bronwyn Anne
Corbett joined Motseng Investment
Holdings, a property management,
facilities management and industrial
investment firm founded in 1998, as Chief
Financial Officer. During her tenure,
she co-founded Tuffsan 89 Investment
Holdings (“Tuffsan”) to establish and
grow the company’s portfolio of mostly
government-tenanted assets. In just
over 12 months, Corbett and her team
grew the portfolio to over R1 billion.
Owing to major challenges with funding
of government-tenanted assets, they
decided to list the portfolio on the JSE.
After six months of roadshows and
educating investors on the perceived risks
associated with government tenants, the
portfolio listed on 2 November 2012 as
Delta Property Fund Limited with 20
assets valued at R2.1 billion in an oversubscribed offer. Today, just three years
later, the fund has property assets valued
at almost R10 billion.
This staggering growth has extended
beyond the borders of the country into

10

DEC/JAN 2016 SA Real Estate Investor

www.reimag.co.za