MARC HASENFUSS: Generation private schools are investing in the future
Generation has been funded by Trematon’s cash — but now there is a strong indication that bank funding will be secured
21 November 2019 - 04:00
Market perceptions that small-cap investment company Trematon is merely a proxy for Western Cape real estate must change.
Results for the year to end-August for the group — headed by former asset manager Arnold Shapiro and irrepressible property entrepreneur Allan Groll — show a marked (and important) shift in the portfolio spread. Trematon’s private schools business, Generation, now accounts for 30% of intrinsic NAV, up from 22% a year ago...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.