Knight Frank Commercial rebrands to Galetti Corporate Real Estate following deal with black owned private investor.
November 28, 2018

Galetti have gone full circle. When the company was formed in 2006 we couldn’t have seen how much we were going to achieve in 12 years.

Our initial partnership with Knight Frank, a global property group spanning the Americas, Europe and APAC, allowed us to increase our client list of noteworthy investors, business-owners and corporates and to further position the company as one of the leading commercial property businesses in South Africa.

A mile stone for the company was the transaction we recently concluded with Symmetry Capital Partners, a black owned private equity investor. The deal saw SCP acquire 30% equity of Galetti Corporate Real Estate keeping with our strategy to align the company with the South African market. One of the key elements in bringing the deal to fruition was to once again trade under the Galetti name – a reputable brand with tremendous growth and a solid track record in the commercial property space.

John Jack was appointed Galetti’s new Chief Executive Officer in June 2018, replacing founders Tony Galetti and Francois Staples whom remain on the Galetti board as non-executive Directors.

John, who has been with the company since 2010 when he joined as Gauteng Director has been involved in many flagship projects which ultimately lead to him taking the reigns to further drive the company forward.

A key focus of this new chapter is to significantly increase investment in our proprietary Real Estate software. To continue delivering the most up-to-date information which will allow us to best service our clients and in turn allow our clients to take calculated risks and increase returns on their investments.

Watch John in an interview with CNBC Africa, where he talks about our investment deal with SCP and our recent rebrand to Galetti Corporate Real Estate.