Carel Kleynhans

Chief Executive Officer, Divercity

Carel Kleynhans is Chief Executive Officer of Divercity.

Divercity Urban Property Group invests in and manages well-located affordable housing precincts in South Africa. In December 2025 it started building apartments with Pareto at Menlyn Office Park, with its subsidiary Ithemba Property Management to manage them.

In the job

  1. Began the R850 million conversion of Menlyn Office Park in Pretoria into residential apartments in partnership with Pareto. Source

  2. Secured R500 million in development finance to build and manage more than 2 500 inner-city residential units. Source

Education

Masters degree in Finance, University of Cambridge

Sources

  1. dailyinvestor.com
  2. afsic.net
  3. businessday.co.za

Facts last checked 3 November 2026. Spotted something out of date? Tell us.

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