On 10 June 2015 the shareholders of Delta Property Fund Limited (Delta or the Fund) approved the appointment of Delta Property Asset Management as its new asset management company.  Delta Property Asset Management has established a trust for the benefits of certain of the Delta Manco’s black employees and as such the Trust has become the sole shareholder of Delta Manco.

Delta Property Asset Management boasts exceptional BEE credentials and a track record of cost efficient management of a large portfolio diversified across all the provinces of South Africa.

The asset management team has collectively over 75 years of property experience. Apart from its asset and property management experience, Delta Property Asset Management boasts a large in-house team with considerable expertise in legal, financial, corporate finance, property management, facilities management, project management and marketing fields.

These functions have augmented Delta Property Asset Management’s proven ability of identifying and refurbishing assets in nodes attractive to empowerment sensitive tenants. It further adds value by negotiating supply and maintenance contracts on a national basis.

Delta Property Asset Management has been instrumental in establishing Delta’s growing property portfolio and positioning the Fund as a landlord of choice to government and the South African Revenue Service (SARS).

Sandra Mqina

Head of Operations (Asset Management)

Sandra holds a B. Comm (Accounting) degree and an MBA from University of Potchefstroom. She joined Motseng Property Services in June 2008 as the Financial Manager of Westgate Regional Shopping Centre and subsequently moved to Delta Property Fund as an operational asset manager at the time of listing. She has extensive operational knowledge of the Delta properties and has specialised skills both in day-to-day operations and the Due Diligence process of new acquisitions.

She has over 20 years’ experience in a broad range of financial positions of which 10 years have been spent in the property sector. Prior to joining Motseng Property Services, she was the acting Chief Financial Officer of Propnet (now Transnet Properties) and has held various Financial Management positions with corporates such as Sasol, Eskom and SA Breweries.

She has recently been appointed Head of Operations (Asset Management). Her responsibilities span the depth and breadth of the business with a focus on the operational asset management function of the fund’s portfolio.

Asathi Magwentshu

Group Financial Manager

CA (SA) BComm Hons, Certificate in Mechanics of Financial Markets, (SAICA)
Asathi is currently a Group Financial Manager for DPAM , responsible for Preparation and presentation of monthly management accounts, Interim results preparation and reporting, Preparation of company and group annual financial statements , Liaising with internal and external auditors , Accuracy and submission of tax information to SARS , Monitoring of compliance with group accounting policies and procedures , Liaising with banks with regards to funding requirements, tax consultants and legal practitioners.

Asathi has also worked for a number of financial institutions where she has held positions of Finance Manager and Finance Project Manager, Equity Derivatives. She has been involved in setting up accounting systems, development of policies, Project presentations and Procurement of service providers.

Tshepiso Manase

Financial Controller

CA (SA), BComm Hons Accounting, BComm Accounting

Currently employed as a Financial Controller. Tshepiso joins the team from Massmart where she held a Management role in Accounting and was the active member of their Finance Development Program. She was previously with PWC for 4 years where she completed her articles.

Andries Schoeman

Head of Capital Projects

Masters in Town and Regional Planning
BSc Quantity Surveying SAPOA Project Development Program

Andries is currently the Head of Capital Projects within Delta, responsible for all Property Development Projects.
A professional in Business Management, Improvement, Strategy and Project Management
Has over 20 years’ experience in Projects gain through working for /heading up project management companies. Has been in various positions within AECOM from Senior Exec, MD and Heading up the African Business responsible for all Capital Projects and Business Development.

Tsietsi Moses Sekhokho

Senior Asset Manager

B. comm degree in Accounting and Auditing – University of North West
Management Development Programme – University of Port Elizabeth
Biblical Studies – Diploma – Word of Faith Bible Centre

Over 20 years of property experience in retail, commercial and Industrial space. Held positions as Centre Manager for Garankuwa Shopping Centre and the Eastgate Shopping Centre (1st Black Centre Manager). Experienced in both leasing and property management. Undertook lease verification and provision of strategic advice projects for PetroSA, Johannesburg Fresh Produce Market, Limpopo Development Corporation, Gauteng Industrial Park under Business Partners. He was also involved in the Newtown Cultural Precinct Development in JHB.

Tarisai Mhishi

Junior Investment Manager

Tarisai Mhishi

Tarisai holds an Honours degree in Financial Analysis and Portfolio Management from the University of Cape Town where she was also a research associate for the London School of Economics and the World Bank.

She has extensive financial and analytical skills in conducting market analysis and benchmarking to optimise costs and processes utilising best practices in the local and global industries.  She was a consultant for SA Strategic Sourcing Consultants at Eskom from 2012 to 2014 where she focused on developing sourcing strategies and optimising operating models and processes.  Prior to that she founded Indigenous Knowledge Systems Trust of South Africa (IARIIKSSA), a consulting services organisation where her responsibilities were to perform detailed analysis, forecasting, planning resource allocation and implementing sustainable strategies.

Rochelle Mumbengegwi

Junior Investment Manager

Rochelle Mumbengegwi

AGA (SA), BComm Accounting, Certificate in Property Investment and Practice, (WIts)

Having graduated from Monash University South Africa with a BComm (Accounting Sciences), Rochelle holds her AGA (SA) designation. She completed her SAICA articles in March 2013 at Faitz Chartered Accountants at which time she undertook the role of Audit Supervisor. There she was exposed to various facets of auditing private entities, government departments and SETA’s (on secondment to the Auditor General of South Africa), and also the financial reporting, accounting and tax environment. Subsequently, she completed a Certificate in Property Investment and Practice from the University of Witwatersrand and is currently studying towards a CIMA qualification.

She joined Delta Property Fund in April 2013 as a bookkeeper, where her combined experience was an asset to the Delta finance team in her role as bookkeeper. Subsequent to joining, Rochelle was promoted to the Financial Accountant within the same department where she worked for 3 years. Her commitment and hard work have seen her grow to her current position as a Junior Investment Manager.

Godfrey Ndlovu

Junior Operational Asset Manager

Godfrey Ndlovu has an International Diploma in Personal Computing, Certificate in Hotel Management, Property Management Certificate from WITS Enterprise, and presently studying towards a Certificate for the Commercial Property Practitioner (CCPP)

Godfrey was appointed as a Junior Operational Asset Manager in Feb 2016. He started with Delta as a learner and has gained experience through extensive internal and external training into the Asset Management division.
Currently Godfrey is responsible for Operational Asset Management administration from reporting, coordination and project management. He is also responsible for liaising with service providers and our external property managers for reports consolidation.

Nonhlanhla Nyathikazi

Human Resources Manager

nhlanhla

Nonhlanhla Nyathikazi has worked at Motseng Investment Holdings for the past 14 years. She has climbed the corporate ladder, having started as a secretary to her current position of human resources manager – a position she has held since 2009. Nonhlanhla holds a National Higher Diploma in Human Resources Management and Training and a BCom degree in Human Resources Management from Varsity College and UNISA respectively. She is instrumental in putting together a strong and dedicated workforce that fits the culture of Delta Property fund

Vernon Nkosi

Group Procurement Manager

Local Government and Development Certificate
Advanced Procurement Programme

Vernon has over 20 year experience in Procurement and Supply Chain Management. Having worked for the Department of Public Works, City of Johannesburg he has managed the Projects, Infrastructure Support, Roads and Works as a Director of Supply Chain. Also has vast experience in facilities management gained from the Infrastructure Development Department where he managed major Capital Projects for the department. Vernon is currently the Procurement Manager for Delta responsible for the overall Procurement function of the group.

Mosa Matlosa

Legal Manager

Bcom Law, LLB, Advanced Certificate in Corporate and Securities Law

Mosa is an Admitted Attorney of the High Court of South Africa and the legal manager for Delta Property Asset Management, a position which she has occupied since August 2015. She holds a Bcom Law, LLB and Advanced Certificate in Corporate and Securities Law. She completed her articles of clerkship at Schindlers Attorneys in Johannesburg where she was later retained as an Associate. She is responsible for all legal related matters for the fund as well as the internal property management company, including but not limited to drafting, reviewing and advising on various commercial agreements, due diligence investigations, briefing external attorneys on potential or pending litigation matters, reporting to the management committee on legal risks and exposure, and overseeing the transfer process in respect of acquisitions and disposals. Mosa works closely with the investment and operations teams and also serves as a member of Delta’s management committee.