
South African tycoon Stephen Brookes suffers $2.6-million loss from Balwin Properties stake
Brookes, a South African real estate mogul who founded Balwin Properties in 1996, owns a 36.08-percent stake in the company.
Brookes, a South African real estate mogul who founded Balwin Properties in 1996, owns a 36.08-percent stake in the company.
Brookes owns a 36.08-percent stake in Balwin Properties.
Brookes has seen the market value of his stake rise by $5.3 million in the past 26 days.
Brookes owns a 36.08-percent stake in Balwin Properties.
Brookes, who founded the company in 1996, is the largest shareholder with a 36.08-percent stake.
Balwin is a residential property developer of large-scale estates for South Africa’s low-to-middle-income population.
The South Africa-based property developer delivered double-digit growth in earnings.