I look forward to continuing to see the company grow and lead the market," says Wainer in conclusion"Marc's guidance, instincts and inspiration lifted Redefine as a team to achieve what we have and who we are today. This week saw the passing of a man who had a huge impact on my business career. Of Fort Lauderdale, Florida, passed away suddenly on September 6, 2001. Redefine Properties today announced that its legendary founder and pioneering property investor and developer Marc Wainer retires from the company at the end of August 2019. We never had a written contract between us – he was the most honest partner,” said Dionne, a director of Ellwain Investments, the property company the two families founded together.“He is going to be sadly, sadly missed,” she said. Marc Wainer, the founder of SA’s second-largest real estate company, Redefine Properties, died of a heart-related complication Monday morning. Today, Redefine has a market capitalisation of R46 billion and is included in the JSE Top 40 Index.Redefine Properties today announced that its legendary founder and pioneering property investor and developer Marc Wainer retires from the company at the end of August 2019.In line with Redefine's stated intention to create value through good governance practices and as part of its board succession plan Wainer, 70, had stepped down as Redefine's executive Chairman in May, handing the chairmanship of the company he founded in 1999 to businessman Sipho Pityana. He is married to Sandra Weiner. "I would like to take this opportunity to thank everyone at Redefine Properties, both current and ex-employees, our shareholders, the executive leadership team and the board for their confidence and continued support in our mission to be one of the best performing REITs. “When I spoke to him on Sunday, he said he was bored,” Dionne said. Mark S. Weiner is an American writer, web-based documentary filmmaker, and legal historian. Shareholder, and the 175,000 shareholding held by his Drawood Trust. He always used to call bankers ‘crooks in suits’,” she laughs, “yet he worked closely with them. His name was Marc Wainer and he died aged 70. WAINER-Shirley, 86. Your selfless contribution to our success and particularly mine remains a high point of my career. "Following the loss of my beloved wife, Lesley, I have reassessed my priorities and want to give back by playing a broader, independent role in the property sector but will be available to Andrew and the team at Redefine in an advisory capacity".Enter your e-mail address below using Lowercase.Enter your e-mail address below using Lowercase.An astute deal maker, Wainer held sway on the markets and the city's skyline, taking Redefine Properties from humble beginnings to a listing and building it into one of SA's largest, and most respected, real estate companies. He blogs at his website Worlds of Law. These were the words of Jordan Wainer in tribute to his late father, property mogul Marc Wainer, who passed away aged 71 on Monday as a result of a heart attack. He spoke to them a few times a day – he would even take calls from them in the middle of a board meeting.Wainer was generous with advice and mentorship, giving back a “tremendous” amount in line with his desire to make South Africa, to which he was deeply committed, a better place. “He would work out the details on the back of his cigarette box and afterwards, when the commercial teams analysed it, their figures would tally with his.Wainer, who grew up in Sydenham, Johannesburg, was the recipient of the Absa Jewish Achiever Listed Company Award in 2013.“He was my dad’s [Eric Ellerine’s] partner for 30 years. We stand on Marc's giant shoulders to take Redefine forward. That was Marc.He later said that he got the job because he was the only candidate who had actually researched the centre before his interview.“Today, I begin the rest of my life poorer for not having my best friend and confidant a phone call away, but richer knowing that my parents are reunited and can continue their 40+ years together.