Property sector stalwart Jeff Zidel to retire, leaving Fortress
After a 47-year career in property, from the development of strip malls in Lesotho to the expansion of Nando’s, Zidel’s ‘vision will be missed’
Popular property developer and investor, Jeff Zidel, is set to retire in June after a 47-year career in the industry. As result of his retirement, Zidel will relinquish his role as deputy chairman of JSE-listed real estate investment trust (Reit) Fortress.Zidel helped found Fortress, the Resilient group, and other companies. He was appointed president of the South African Council of Shopping Centres in 2016, is a three-time past president of the Roodepoort Chamber of Commerce, and was the winner of the 2010 Absa Jewish Achiever of the Year Award."Jeff has basically seen it all when it comes to property and retail development. For instance, he was one of the early visionaries in the expansion of the highly successful Nando’s chain, was a leading light in the development of strip malls in Lesotho, and was a driving force behind the growth of the listed property sector in SA in the early 2000s," said Fortress CEO Mark Stevens."His vision and astute leadership will be missed. However, i...
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