Rebosis enters business rescue: suspends trading on the JSE - SAIBPP reacts.

The South African Institute of Black Property Practitioner's (SAIBPP) is saddened by the news that Rebosis has resolved to enter into voluntary business rescue. Rebosis was founded by Sisa Ngubulana in 2010 and the company was listed on the JSE in 2011. It was the first black majority owned and managed property fund to be listed and it was hailed as a momentous achievement for transformation in the property landscape. Rebosis has a diversified portfolio across the commercial and retail sectors and includes the Baywest Mall and Hemingways Mall. <a href="https://kaya959.co.za">Kaya 959</a>