Real Estate Investor Magazine South Africa Real Estate Investor Magazine - April 2017 | Page 10

MASTER INVESTOR
Urbanisation and Education
Key Drivers for Future Developments
BY JEAN BROWN
I
f it’s worthwhile doing, it’s worthwhile doing
well. This quote is one that Pieter Feenstra often
repeats to his young and dynamic team at the
Feenstra Group in South Africa. Another, more
tongue-in-cheek one is: “Be careful when euphoria is
everywhere – even turkeys can fly in a hurricane”.
As the Group’s Chairman, Feenstra has many
years of experience in property development and
management. His first property development project
evolved out of his consulting work as a structural
engineer, during which time he worked closely
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APRIL 2017 SA Real Estate Investor
with several property developers and developed a
fascination for the industry. Feenstra explains that
this lead him to eventually take the plunge and sell
his consulting firm to focus exclusively on property.
The first of many development projects to
come
At the time, Feenstra had already done his BSc in
Civil Engineering from the University of Pretoria and
had an MBA from the University of Pretoria Business
School (now called GIBS). His work for the City of
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