WORLD BANK URBAN FORUM Jeffrey Wapnick 26 July 2017 WHAT THIS - - PowerPoint PPT Presentation

WORLD BANK URBAN FORUM

Jeffrey Wapnick

26 July 2017

WHAT THIS SESSION IS ABOUT:

• 1. Welcome
• 2. City Property Administration
• 3. History of the CBD
• 4. Urban Renewal the City Property Way
• 5. The Golden Thread
• 6. Recommendations and Suggestion for City

Officials & Managers

• 7. Examples
• 8. Questions & Answers

City Property Administration

• 30 Years of experience
• 18 000 tenants
• 1.5 million square meters
• Bulk investments in Tshwane and

Johannesburg CBD

• Involved in all 3 sectors

Retail/Residential/Office

• verview of

Tshwane CBD

• Concentration of investments
• Increased urbanisation
• New developments improving

node

• New Tshwane House
• GLA of 37 000 m2
• Housing in excess of 1 500

staff

Octodec Investments Limited

Sustaining city life: TWO decades of building a city bears fruit

Sharon’s Place Midtown One on Mutual Van Riebeeck Medical Building

Octodec properties – current developments Octodec properties – under consideration

History of the CBD

The rise, the fall and the rise again.

Urban Renewal the City Property Way

• Residential
• Retail
• Office

The Golden Thread

• Cleanliness & Security
• Service a differentiation factor
• Ears close to the ground
• We are all the same

Recommendations and suggestions for City Officials & Manager

• Council don’t have balance sheets and therefor

have to attract investment capital from private sector.

• Impediments to private investment include
• Clean Streets
• Improved security
• Street Maintenance
• Proper Engagement with Role Players
• Proper Vision amongst senior members of councils
• Availability of senior staff
• City Improvement Districts

Examples

• ur strategy
• Offer innovative property

investment opportunities that create and deliver long-term sustainable returns by:

• Building a diversified portfolio

in the Tshwane and Johannesburg CBDs and surrounding areas with an exposure to residential, office, retail and industrial sectors

• Actively promoting urban

renewal in the Tshwane and Johannesburg CBDs

• Increase the profitability of our

existing portfolio by:

• Continually improving the

quality of our portfolio

• Enhancing our tenant profile
• Developing well-located

properties

• Increase the profitability of our

existing portfolio by:

• Concentration of properties in

Tshwane and Johannesburg CBDs, which makes it easier to manage and extract value from

• ur portfolio
• Pursuing acquisitions that offer

strategic value and sustainable yield-enhancing opportunities

• Focusing on growing our

residential portfolio in the medium term

• Recycling capital from low

growth, poor quality assets to high growth, high quality assets

• Enhancing returns through

effective mix of debt and equity to optimise capital structure

• Management of interest and

liquidity risk

• ur strategy (continued)

Questions & Answers