Property Flash


Redefine Properties, the second largest SA property company in terms of asset size, has said it is strengthening its board with the appointment of property specialist Simon Fifield, as an independent non-executive director. He also joins the company’s audit committee, risk compliance and trchnology committee and investment committee.

“Simon is a seasoned, respected expert with a long track record in property. We are excited to welcome him on board and wish him well in his new role. This appointment further strengthens the independence of the Redefine board and his contribution and expertise will, no doubt, be invaluable as we chart a new course into the future and continue to create sustainable value for our stakeholders,” said Redefine chairperson, Sipho Pityana. 

Redefine’s audit committee now includes Diane Radley, Lesego Sennelo and Simon Fifield.

Fifield, who started out as a land surveyor and engineer in South Africa and the UK,  has a BSc Survey, an MSc Survey, and is a CFA Charterholder.

He worked at RMB for 12 years, where he gained experience in the structured finance, private equity and global markets businesses before establishing himself in the investment banking division where he headed the real estate investment banking business for seven years. He has been a member of the FirstRand Bank Property Finance Credit Committee, the IBD Investment Committee as well as the RMB Westport Investment Committee.

More recently he worked as chief executive officer of Newpark Reit, a position he will continue to hold until November 1 2022. In 2017, he relinquished his executive responsibilities at RMB Westport, a real estate development fund which he co-founded, which was focused on property development in sub-Saharan Africa.

Redefine’s co-founder and former CEO, Marc Wainer, was a director of Newpark.

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