Pieter Prinsloo resigns as Hyprop CE to move to Redefine Europe
MAS CEO Morné Wilken is returning from the Isle of Man to replace the long-serving Prinsloo, who is leaving SA
Hyprop Investments CEO Pieter Prinsloo will become the chief of Netherlands-based company Redefine Europe in 2019. Earlier on Tuesday, Hyprop, the owner of The Mall of Rosebank, Hyde Park Corner and Canal Walk, surprised the market with the news that Prinsloo would leave the company on January 31. South African diversified group Redefine Properties is launching a European office, which will oversee it assets on the continent. "We have known Pieter for a long time and have had a very good relationship with him,” Redefine Properties CEO Andrew Konig said. “Even though we have a number of European partners who we have done business with and invested with in Europe, he will be our South African representative on the ground in the continent. Pieter has built up a strong knowledge of Europe following Hyprop's investments there which he will use in his new position." While Redefine already has exposure to Europe through investments RDI and EPP, in July it gained direct property exposur...
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