Real Estate Investor Magazine South Africa April 2016 | Page 11

BIOGRAPHY

A

ngelique de Rauville made her first investment at the age of 12
when she put R200 into two separate stocks. A few years later,
while studying at the University of Cape Town and working as
a waitress, she invested some of those earnings into a diamond mine in
Namibia on the recommendation of her then stockbroker. As of today the
mine is still waiting to produce its first diamond, but the lesson learned
was important for any young investor – know and understand what you
are investing into, and always do your homework.

Beginnings

In 1998 Angelique de Rauville co-founded, with her father Gerard de
Rauville and then COO of Grindrod Ivan Clark, Provest Management
(Pty) Ltd (“Provest”) - a South African listed property asset management
company. In 2001 she was appointed managing director of the company
and in March 2003, Provest was acquired by the Investec Group.
Within Investec Group de Rauville’s responcibilities spanned
specialist property corporate and advisory services, institutional and
retail products investing into both direct property and property equities.
On the 1st of September 2007 she assumed the role of heading Investec’s
Global Property Investments business, which was driven out of Investec’s
London office. She operated as an executive director of Investec Property
Limited in South Africa and member of Investec Bank Plc’s executive
general management forum in the United Kingdom.
After ten years with Investec and having started a family, de Rauville
decided to leave mainstream corporate and consulted to Investec for a
year, while founding a specialist property investments business “Handful
of Keys (Proprietary) Limited”. The month after leaving Investec she led
a consortium including Investec and veteran property investors Gerard
de Rauville, John Legh and Thys van Heerden in the buyout of Texton’s
management company (formerly Vunani Property Investment Fund)
and assumed role of Chief Executive Officer of Texton on 5 June 2015.
Texton, a property investment fund formed to invest directly in income
producing properties that offer potential for capital appreciation, was
listed on the JSE in August 2011

Texton

Early backers of Texton were attracted by its specialised office sector
focus in what was a small property portfolio of about R1.5 billion.
The company now manages office, retail and industrial properties
worth about R5.7 billion. Part of its growth has been its two-year long
turnaround strategy of reducing its office property exposure from 94% of
the portfolio to about 58.7%. It has also been selling its non-core office
and retail properties, with a typical value of below R50 million, and
recycled the capital into new acquisitions.
As part of enhancing its property portfolio, Texton is looking to
increase its exposure to the UK market as it looks to diversify from South
www.reimag.co.za

BIOGRAPHY
Chief Executive Officer | TEXTON
PROPERTY FUND LTD
June 2015 - present
Property and Real Estate

Non Executive Director | Vunani Property
Investment Fund Limited
March 2014 - present
Property and Real Estate
Age: 41
Married: Yes to Tod Ridgway,
14 years. Tod is a pillar of strength.
“Primary parent” to our four children
and “minister of home affairs”. He
provides the landscape that allows me to
give 110% to Texton.
Children: Four Children aged 4 (Girl),
3 (Girl), 3 (Girl) (twins) and nearly 2
(Boy).
Currently Reading?
I have an insatiable appetite for news
and opinions so I read newspapers,
weekly magazines and listen and watch
anything news related. My greatest
interest is in politics and economics.
I studied this at the University of Cape
Town. Currently