Primary Job Title Executive Chairman Primary Organization 
Land Equity Investments
Location Africa Regions Europe, Middle East, and Africa (EMEA) Gender Male
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Stuart Chait is currently the Executive Chairman of the Land Equity group, which he founded with CEO, Russell Smith. In 1989, Stuart co-founded Newport Property Group, the frontrunner of regeneration in the Cape Town CBD, with developments that included Victoria Junction at the entrance to the V&A Waterfront, Hiddingh Village in Gardens and
Dunkley House on Dunkley Square and institutional “turnarounds” that included Absa Centre and Picbel Parkade in the Cape Town CBD. In 2001, Stuart started Mvelaphanda Property Development Holdings (“Mvelaprop”) with Tokyo Sexwale’s Mvelaphanda Holdings. Mvelaprop’s developments include Tyger Falls in Tygervalley, “Stonehurst” on the old Silvermine Naval Base in Tokai, and Big Bay in Bloubergstrand. In 2003, Stuart formed Property Partners, property equity and mezzanine financier, with UK based Highneal Limited. Property Partners’ projects include Melrose Arch in Johannesburg, a popular mixed-use development which was acquired for R1.27bn in 2005. It was the largest single property transaction in South Africa at the time, and at the time of his exit in 2011, was valued at R4.5bn.
