Tintswalo Property Group sees growth in Johannesburg, Cape Town
The South African Commercial Property website reports that over a ten-year period, Johannesburg and Cape Town have recorded the strongest growth in property values around the world, of 7.5% and 9.5% respectively.
Gaye Corbett, CFO of Tintswalo Property Group believes that this growth will continue and uses its own developments as proof of this, with over five managed and developed properties in Johannesburg and Cape Town over the past ten years. It has successfully developed three major retail centres of approximately 30 000m² and has one smaller centre of approximately 22 000m² in the pipeline.
A central reason for the company's success is its commitment to go beyond property management and development, to provide its investors and tenants with viable and well-planned developments that increase asset values, enhancing the areas in which they are located. This results in adjoining communities benefiting from projects that aid their development. Corbett elaborates on how the company adds value to its clients and communities.
Family values
"As the group is a family founded and run business, we offer our clients the values normally associated with a family. We believe that we have a personal touch that is not always achievable in the corporate environment; one which allows us to be more effective and professional in the management and development of retail property.
"It also means that we are able to see the greater picture and we therefore incorporate a business model that directly benefits the lives of community members who reside near our developments."
Corbett notes that its success has also has been built on its ability to consistently absorb new information and adapt to trends within the property management space. She adds that the capability to provide successful residential and retail development in a constrained market ensures that it exceeds the value offering of competitors.
"Owing to the impressive results of the South African commercial property market in recent years, the group maintains that substantial opportunities will gradually become available in the near future - including greater viability of the property market in other provinces. Therefore, we are confident that we will continue to offer our clients the highest level of excellence in the development of retail and consumer properties."
Images extracted from the Tintswalo Property Group website.
For more information, go to www.tintswalo.com.
