Grapnel has established itself in the market as a property fund management, development and investment company. The group operates in all sectors of the property business and its people are well-established as industry leaders in their specialist fields.
Strategically selective about the projects it undertakes, Grapnel’s experience and established position in the property sector allows it to read the market and select the most favourable development, investment and trading opportunities.
Grapnel gained its reputation as the property fund and asset manager for JSE-listed property unit trust Sycom Property Fund, which it managed for 15 years until the company was sold in 2006.
Grapnel subsequently conceived the Hospitality Property Fund, the first specialised property fund focusing on hotel and leisure properties in South Africa. The Fund was listed in 2006 and Grapnel was the majority shareholder in the fund management company until 2010 when this was acquired by Hospitality Property Fund Ltd.
