Nosiphiwo Balfour announced her resignation from her position as Chief Executive Officer (CEO) of Texton Property Fund, effective 31 October 2018. Miss Balfour has been at the helm of the Company since July 2017.

“The Texton Board is grateful to Miss Balfour for her dedication and service to the Company. She has been an asset to Texton in navigating Texton post the Manco Internalisation and in working with the Board on a revised strategic focus - we wish her well as she explores the next leg of her journey. Miss Balfour has agreed to remain in her post until 31 October 2018,” said Mr Dempsey Naidoo, Chairman of the Board.

An interim Chief Executive Officer is in the process of being appointed and a further announcement will be made in due course.