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After announcing that it will dispose of its portfolio of office assets worth R6.3-billion, the board of directors of Rebosis Property Fund said Sisa Ngebulana – Founder and Chief Executive Officer, is retiring. The disposal of assets will bring down the company loan-to-value (LTV) level and optimise its balance sheet to real estate investment trust standards, closing the curtain for Ngebulana’s three year stint since the board brought him to stabilise the company.