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Unlocking the Commercial and Developmental Potential of PRASA’s National Asset Portfolio

Intersite Asset Investments (SOC) is a state-owned company and a wholly owned subsidiary of the Passenger Rail Agency of South Africa (PRASA). Established to fulfil PRASA’s secondary mandate, which is to generate income through sweating PRASA’s extensive assets including the real estate portfolio.

Intersite Mandate
  • Leverage PRASA’s property and commercial portfolio to create sustainable revenue streams.
  • Support PRASA’s broader transport and public service objectives by optimizing asset value and enhancing commuter experiences.

Intersite Asset Investments (Intersite) is PRASA’s strategic investment and commercial property arm, responsible for transforming transport-linked assets into high-performing, future-ready economic precincts. With a national footprint spanning high-traffic stations, retail environments, logistics corridors, investments and strategic land holdings, Intersite plays a pivotal role in enabling Private Sector Participation (PSP), urban regeneration and long-term national value creation.

Vision, Mission, Values

Our Commitment to Sustainable, High-Impact Asset Stewardship

Values

Fairness and Integrity
Fairness and Integrity

We treat our customers and our colleagues the same as we would like to be treated.

Teamwork
Teamwork

We work together with our colleagues to achieve a common goal and recognize each other’s strengths and contributions.

Service Excellence
Service Excellence

We provide the kind of service that meets and exceeds customer expectations.

Safety
Safety

We ensure that we work safely, and that our customers and colleagues are safe.

Communication
Communication

We share information with our customers and colleagues in an open and honest way.

Performance Driven
Performance Driven

We are performance-driven with the ability to venture into new areas of opportunity whilst offering a quality service to our customers.

City Skyline
Vision

VISION

To be a premier state-owned asset investment company in South Africa and beyond.

Mission

MISSION

To leverage on PRASA’s assets and build sustainable value while contributing to socio-economic growth through assets investment and ancillary services.

Strategic Pillars

Driving Long-Term Value Across PRASA’s National Asset Portfolio

Intersite’s mandate extends beyond traditional asset management, being anchored in four integrated strategic pillars that collectively unlock commercial performance, operational efficiency and sustainable investments.

Strategic Pillar 1

Through these pillars, Intersite applies forward-looking, commercially disciplined strategies to protect, optimise, and modernise PRASA’s national asset base – turning transport-linked properties into high-value catalysts for sustained economic growth and inclusive development.

Investment Focus Areas

Investment Focus Areas
Asset Management
Existing Assets
Asset Management
Technology
New Assets
Asset Development
Renewable Energy
Renewable Energy
Sustainability &
Renewable Energy
Intellectual Property
Intellectual Property
Business Development &
Consulting

Board Leadership and Governance

Strategic Oversight Driving Long-Term Value Creation

Intersite’s Board provides the strategic direction, governance oversight and fiduciary leadership essential to managing and growing a national property investment portfolio. Anchored in accountability, commercial discipline, and public-sector integrity, the Board ensures that all investment decisions, precinct developments, and revenue-generating initiatives align with both PRASA’s mandate and South Africa’s broader economic objectives.

Through strong governance, rigorous risk management, and proactive strategic guidance, the Board enables Intersite to:

  • Safeguard and optimise the performance of transport-linked assets.
  • Drive commercially sound investments that strengthen long-term portfolio value.
  • Advance sustainable and inclusive development across key urban and transport precincts.
  • Maintain transparency and ethical leadership in all operations and partnerships.

This leadership framework ensures that Intersite remains a trusted commercial partner, a responsible custodian of national assets, and a catalyst for economic renewal across South Africa’s transport corridors.

Board | Leadership

Ms. Thembalethu Ayanda Peter

Ms. Thembalethu Ayanda Peter

Chairperson of the Board

Advocate Johnny Motlogelwa

Advocate Johnny Motlogelwa

Non-Executive Director

Ms. Phumzile H. Maseko

Ms. Phumzile H. Maseko

Non-Executive Director

Ms. Lauriette Sesoko

Ms. Lauriette Sesoko

Non-Executive Director

Mr. Don Luthando Saunders

Mr. Don Luthando Saunders

Non-Executive Director

Mr. Hishaam Emeran

Mr. Hishaam Emeran

PRASA Group CEO

Mr. Brian Alexander

Mr. Brian Alexander

PRASA Acting Group CFO