Synergy Income Fund today announced it has appointed Anton Raubenheimer as Financial Director from 1 August 2013. Raubenheimer replaces Uys Meyer as Synergy’s Financial Director. Meyer, one of the founders of Synergy Income Fund, will remain on Synergy’s board as a non-executive director.
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.
Prior to joining Synergy, Raubenheimer 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.
Raubenheimer holds a Bachelor of Commerce (B. Com) from the University of Cape Town and a Postgraduate Diploma in Accounting.
William Brooks, CEO of Synergy Income Fund says: “We are committed to our growth strategy for Synergy and this has necessitated significant investment in our management operation. We look forward to having Anton on board to help drive our growth strategy and further enhance the operational capacity of our business.”
Raubenheimer says Synergy is an appealing proposition, with its retail assets attracting the emerging middle class, South Africa’s future consumers. “I look forward to being part of the sustainable and measured growth of this unique listed property company,” says Raubenheimer.
JSE-listed Synergy is a specialised retail property fund with a specific focus on mid-sized community and regional shopping centres in high-growth nodes. It owns 15 shopping centres in seven provinces valued around R2.1 billion. It is dominated by commuter-oriented centres in township areas and rural towns.