Real Estate Investor Magazine South Africa May/June 2015 | Page 46

MY STORY Africa’s Leading Entrepreneur and Property Mogul Trendsetter And Innovator BY NEALE PETERSEN T ebogo Magashoa (39) is a visionary entrepreneur, and property investor. He is currently Chairman of Talis Holdings Group, a company, which has diversified investments into property, finance, infrastructure development, agriculture, vehicle fleet management, ICT and mining. The subsidiaries of the Talis Holdings Group include Tebfin a financial services provider, Talis property developments, Cloudseed a leading Internet service provider and Fleetmatics VMS, a specialist in fleet management and vehicle tracking. He qualified as an electrical engineer, which has helped him grow his property development company into the success it is today. His role model includes Deng Xiaopeng, who led the economic reform in China by pulling the country out of dire economic straits and making it into an economic super power. Where the property bug started Tebogo’s foray into property all started with the development of the Pan Africa Mall, which was first 44 MAY 2015 SA Real Estate Investor conceptualized in 2003. It is located in Alexandra, Johannesburg, which is the oldest township in South Africa, with a history spanning some 103 years. The development was eventually completed, realized and launched with an official opening on 24 May 2009. It was the first integrated sub-regional township mall and transport facility in South Africa. Two other high profile township developments Protea Mall and Maponya Mall were developed and completed soon afterwards. Tebogo started the development process with many challenges including no major partners or institutional funding, only a passion to make a difference in the community. He needed to get the community behind him to get complete buy-in for the taxi facility. The historic site of the mall is a traditional meeting point for the people of Alexandra. This site is also a major public transport node with over 2000 taxis. Tebogo funded the participation of the taxi associations in the development, as a way of aligning their interests to that of the developments. This turned out to be the best decision he made with regard to getting key www.reimag.co.za