Rebosis to Sell R6.32 Billion Office Portfolio and Optimise Balance Sheet

Friday, 22 October 2021. Johannesburg. JSE-listed Rebosis Property Fund today announced that it has
entered into a sales agreement with Ulricraft (Pty) Ltd (or “the Purchaser”), a Special Purpose Vehicle
(“SPV”) wholly-owned by Vunani Capital Partners Limited (“VCP”) a company listed on Equity Express
Securities Exchange, which could see the Company dispose of its commercial office portfolio for a
cash consideration of R6.32 billion.

Click here to read Press Release

Over 3 200 COVID-19 Tests Conducted at Rebosis Property Fund’s Testing Facilities

Pretoria, July 3rd, 2020.

Rebosis Property Fund (Rebosis or the Company) has been at the forefront of conducting COVID-19 testing at its Forest Hill City Mall, in partnership with the Gauteng Department of Health; Tshwane Health District and Faith Care Medicals. The testing site has been a massive success with over 16 600 individuals being screened for COVID 19 and over 3 200 individuals being tested.

In line with the South African government’s call to action on advancing active community screening and testing programs, Rebosis has successfully rolled out and will continue to roll out screening and testing at certain identified facilities in Tshwane, Gauteng, with significant numbers of people being screened and tested for the virus.

As part of the Company’s strategy to continuously support the government and the Gauteng Department of Health (GDOH), the current testing facility at Forest Hill City has succeeded in achieving its targets and the last day of the facility at Forest Hill Shopping Centre will be Friday, 3 July 2020.

As indicated by Rebosis and the Gauteng Department of Health, at the launch of the testing facility at Forest Hill, further testing sites will be rolled out across Rebosis’ shopping centres in Tshwane, Gauteng, with the next site earmarked to be at SunnyPark Shopping Centre situated in Sunnyside, Tshwane. This is part of an intensified drive to control and curb the spread of the virus and this approach allows us to utilize our presence in communities across the province and more specifically Tshwane.

Screening and testing at SunnyPark will commence shortly with the SunnyPark testing site having its official launch on 6 July 2020. With the number of positive COVID-19 cases spreading in communities, the risk to vulnerable communities is increasing and our priority is to work with the Gauteng Department of Health and our health partners, Faith Care Medicals to expand the testing capabilities, protect public health, and mitigate the spread of COVID-19.

At the testing facility, enhanced health and safety measures are in place including enhanced cleaning procedures, hand sanitizer and social distancing for everyone who is present.

“The health and safety of communities is of the utmost importance to Rebosis, and we are actively working with the Gauteng Department of Health, through our testing sites to respond to this increasingly difficult situation. It is our responsibility to ensure that our communities are screened and tested in greater numbers to ensure our people are protected against the spread of the COVID-19 disease,” says Sisa Ngebulana, CEO of Rebosis Property Fund.


More information about the testing sites can be found on the SA Corona Virus website,

Gauteng Department of health partners with Rebosis Property Fund to Strengthens COVID-19 screening and testing capacity

In an effort to increase its capacity and upscale COVID-19 screening and testing, the Gauteng Department of Health has partnered with Rebosis Property Fund and Faith Care Medicals to set up testing stations in Rebosis owned malls around Pretoria.

This partnership will benefit various communities in Pretoria and surrounding areas especially those that have been identified as COVID-19 hotspots and are also densely populated thus posing a health risk. The testing stations will be rolled out in phases at the demarcated areas outside malls owned by REBOSIS.

The first mall-based testing station in Gauteng was officially opened by Gauteng Health MEC Dr Bandile Masuku together with the CEO of Rebosis Dr Sisa Ngebulana and the founder of Faith Care Medicals Ms Faith Mabuza on Tuesday morning (26 May) at Forest Hill City shopping centre in Centurion. This mall is in close proximity to Olivenhoutbosch and Diepsloot areas as well as various residential communities.

Phase two of the project will see another station being opened at Bloedstreet Mall which is located in the Pretoria CBD. This mall a taxi ranks that services various routes ferrying people from townships such as Mamelodi, Soshanguve, Mabone, Hebron, Hammnaskraal etc).

The third station will be located at Sunnypark Shopping Centre which is situated in Sunnyside, Pretoria. This mall caters for government workers and students who either live in the area or frequent there for work and schooling purposes.

The testing stations will assist to curb the spread of COVID-19 pandemic by giving shoppers and members of the public access to screening and testing facilities, at no cost to the public.

A key strategy to reducing the spread of Coronavirus is to screen and test as many people as possible through a targeted strategy focusing on hotspots so that those that test positive can be referred for medical management and their contacts traced. To date 5 118 192 screenings have been conducted and 110 741 tests done across the Gauteng Province.

“The current pandemic is unprecedented and requires mutual commitment by everyone to assist the country as best they can to deal with it and mitigate its impact, especially to protect those most vulnerable in our society. Besides our ongoing commitment in assisting our poor communities through food distribution programs and other necessities, it is much important to, among others, make testing accessible and less costly.

We have made a commitment to do this by availing infrastructure, equipment and appropriate medical personnel, at our shopping malls’ parking spaces, and other properties, for the benefit of our surrounding communities, in partnership with Faith Care and Gauteng Government to provide maximum testing and early diagnosis,” explains Dr Ngebulana.

Faith Care Medicals founder, Faith Mabuza, described the public-private partnership as a practical way of heeding the call by President Ramaphosa for all sectors of society to work together in efforts to minimise the spread of COVID-19.

“We are grateful for this strategic partnership with REBOSIS Property Fund and Faith Care Medicals which will intensify the fight against the spread of Coronavirus pandemic. We wish to extend our appreciation to our partners for working with us to save lives,” states,” MEC Masuku calling on other mall owners and business to come on board and ensure the project implemented throughout the province to ensure that as many people as possible especially in the areas identified as hot spots get to be tested and are given the necessary care if found to be positive.


For more information, contact

Kwara Kekana, Spokesperson:
MEC for Health
074 054 3826 or

Putco Mafani, Marketing Executive:
Rebosis Property Fund
064 699 1545 or


Philani Mhlungu, Media Liaison Officer: MEC for Health
060 961 2627 or
For media releases, speeches and news visit the Gauteng Department of Health’s portal at


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Rebosis CEO Sisa Ngebulana looks beyond annus horribilis

It has been a year since Sisa Ngebulana has been back at the helm of Rebosis. Probably one he would prefer to forget. The property group has been among the worst performers on the JSE in the last six months, Arrowhead plans to dispose of its stake, and it is battling with debt and selling assets to salvage the situation. Rebosis CEO, Sisa Ngebulana joins CNBC Africa for more….