PROFILE: Township mall developer Jason McCormick
This developer of township and rural malls has just listed on the JSE, and dismisses market talk that SA’s retail landscape is oversaturated
It has been an eventful few weeks for Jason McCormick, the CEO of Exemplar REITail, the first sizeable property company to make its debut on the JSE in 18 months. The listing of the Pretoria-based family’s R5.5bn shopping centre portfolio last week followed shortly after the birth of McCormick’s second child. It also coincided with a trip to Laikipia in Kenya where McCormick, an avid conservationist, is playing in the Last Male Standing Rhino Cup — a cricket tournament to raise awareness of the plight of the near-extinct northern white rhino. Wearing multiple hats is nothing unusual for McCormick, who also sits on the sub-Saharan Africa advisory board of the International Council of Shopping Centres. He is a licensed pilot, and keen photographer and fly fisherman. McCormick joined the family business, McCormick Property Development, in 2002 after completing a BCom (Hons) in economics and management at Stellenbosch University. The company, which was founded by his father John in 1983...
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