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Balwin goes private after R2.26bn deal backed by PIC

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Stephen Grootes speaks to Steve Brookes, founder and CEO of Balwin Properties, about the company’s move into private ownership following its R2.26 billion take-private transaction and delisting from the JSE after almost 11 years as a listed company. The deal, backed by the Public Investment Corporation on behalf of the Government Employees Pension Fund alongside Balwin’s founder and management team, gives the residential developer a longer-term ownership structure and continued operational involvement from its leadership.

The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape.  
  
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