Marc Hasenfuss Editor-at-large

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.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.