Steven Herring
Biography
Steven started Heriot Properties in South Africa in 1998, operating out of a small 50m² office. Today, 20 years later, the business operates from a 700m² office and employs over 30 people. He led investments into industrial property where covenants were of a blue-chip nature and the leases ensured sustainable long term cash flows. Through the relationships formed from these strong covenants, Heriot continued to acquire a number of industrial properties throughout South Africa, all anchored by these blue-chip tenants. In 2003, Steven put a team of professionals together and started constructing retail shopping centres, focusing on the CBD’s, rural and township areas.
Steven did not write a bio yet.
Heriot REIT
Heriot was founded by Steven Herring in 1998 for the purpose of growing a property portfolio that generated sustainable long-term cash flows from blue chip tenants. Heriot’s introduction into the property market was through the industrial sector with properties underpinned by triple net, long term leases that facilitated quick growth of its asset base. Today, Heriot owns 19 industrial properties valued at R1.680 billion.