Redefine bids farewell to long-time COO David Rice

28th August 2020

By: Simone Liedtke

Creamer Media Social Media Editor & Senior Writer

     

Font size: - +

JSE-listed real estate investment trust (Reit) Redefine Properties will be bidding farewell to its long-time COO David Rice on August 31.

Rice will be retiring from a career of more than 30 years in the property industry but will still remain on-hand on a month-to-month basis to assist in ensuring a smooth transition as Leon Kok takes over, and until a new CFO is appointed to succeed Kok.

During a virtual farewell session on August 28, Rice commented on the fundamentals of the property industry over his almost 40-year tenure, noting that the industry has, over the years, seen increased levels of governance, significant increases in regulations and has, overall, “become more professional”.

Preventive maintenance programmes have also increased in priority, he said.

While the property industry is currently considered to be “a very different ballgame”, compared to when Rice began his career, he tells the media that, looking ahead, the impact of Covid-19 may well lead to essential services and value offerings remaining in good stead, while other industries are likely to remain under pressure.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

Comments

The content you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION