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Stuart Chait

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Stuart Chait

Nickname: 'Stuart'

Executive Chairman of Land Equity Group


Currently resides in: Western Cape, South Africa

Born in Cape Town South Africa

Stuart Chait is a South African entrepreneur and Executive Chairman of Land Equity Group, an SA-based real estate investment company, co-founded with CEO, Russell Smith. Land Equity Investments are working on joint ventures with South Africa’s top private commercial portfolio owners in Gauteng, KwaZulu Natal and the Western Cape. Stuart has also recently founded Africa Real Estate Advisors Limited in Mauritius, a corporate real estate advisory firm, and West Africa Real Estate Fund, an equity investor into real estate in Nigeria and Ghana. Stuart’s personal property speculation experience has lasted more than 20 years.

Contact details

O: 087 354 5050


Business Address

70 Prestwich Street, Cape Town, South Africa, 8001


Professional details

Current Position(s)

Executive Chairman | Land Equity Group
Cape Town, South Africa | 2008 - present

Property and Real Estate


Director | Africa Real Estate Investments Limited "AREIL"
Mauritius | 2006 - present

Property and Real Estate

Invests equity into real estate developments in Nigeria and Ghana.


Non-Executive Chairman | Africa Real Estate Investments Limited "AREA"
Mauritius | 2006 - present

Property and Real Estate

Advising investors and corporates on real estate strategies in Africa.


Previous Position(s)

CEO & Founding Partner | Property Partners
Cape Town, South Africa | 2003 - 2006

Property and Real Estate

Developments include Nettleton Ridge in Clifton, Intaba in Claremont, Old Match Factory in Observatory, Epic in Maitland, Melrose Arch in Johannesburg and many others.


Joint CEO | Mvelaphanda Property Development Holdings
Cape Town, South Africa | 2001 - 2003

Property and Real Estate

Started Mvelaphanda Property Development Holdings with Tokyo Sexwale’s Mvelaphanda Holdings. Tendered on state land and developed into serviced townships. Developments include Tyger Falls in Tyger Valley, “Stonehurst” on the old Silvermine Naval Base in Tokai and Big Bay in Bloubergstrand.


Joint MD & Founding Partner | Newport Property Group
Cape Town, South Africa | 1989 - 2000

Property and Real Estate

A property development, “turnaround specialist” and management group. NPG was the front runner of regeneration in Cape Town CBD, including developments like Victoria Junction at the entrance to the V & A Waterfront, Hiddingh Village in Gardens and Dunkley House on Dunkley Square. Institutional “turnarounds” included ABSA Centre and Picbel Parkade in the Cape Town CBD, as well as many site assemblies.

Achievements

Awards

Absa Jewish Achiever Award - Young Entrepreneur of the Year | 2007

The SA Jewish Report hosts the Absa Jewish Achievers Awards Gala Banquet, representing the cream of SA business.
These awards sponsored by Absa (the main event sponsor), Chivas and Cell C, honour members of the Jewish community who have excelled in business, entrepreneurship, lifetime achievement, arts, science, sports and culture and humanities.

media exposure

fin24 | 2012

Royalty, tycoons buy SA dream homes: Property entrepreneur Stuart Chait is currently developing three residences in Nettleton Road.

Business Day Live | 2013

INVESTMENT OPPORTUNITY: Chance to join the Nettleton jet set

Property24 | 2013

Recent residential property buying trends in the Western Cape and South Africa as a whole, suggest that a R120 million ultra luxury home on Cape Town’s peerless Nettleton Ridge in Clifton may well attract a buyer from sub-Saharan Africa’s growing list of US dollar billionaires.

EPROP | 2011

Cape property entrepreneur Stuart Chait has sold his interests in trendy Jo’burg work, live, play and shop precinct Melrose Arch to co-owner Amdec in a lucrative deal.

Moneyweb | 2007

Stuart Chait was named Young Entrepreneur of the Year at the Absa Jewish Achievers Awards this year, said in an interview with Moneyweb he sees great business opportunities in South Africa.

Other Achievements

SA Super Heavyweight Muay Thai Kick Boxing Champion | 2002

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