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Office address

Head office

1st Floor
Forum 2
Braam Park
33 Hoofd Street
Braamfontein

PO Box 31565
Braamfontein
2017

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Departments

The Johannesburg Property Company (JPC) is committed to finding solutions that address the developmental challenges facing the city of Johannesburg. Consequently, the JPC, on behalf of the CoJ, provides Property Development, Management Services as well as Asset Management Services including the relevant subsidiary services.

Over the short-to-medium term, JPC will focus on its three current core business services:

Property Asset Management;

Property management;

Property development.

1. Property Asset Management

Provides strategic advisory role relating to activities of capital investment, portfolio planning, disposal of single asset and /or entire portfolios and identification of possible scenarios for the positioning of the portfolio. The primary objectives are the means of intervention of complex real estate operations and identification of potential utilisation or investment opportunities.

Functions:

  • Identification of property sector investment opportunities;
  • Pre-feasibility and feasibility studies;
  • Analysis of portfolio and investment returns;
  • Portfolio analysis;
  • Fixed asset register management;
  • Physical verification of city fixed assets;
  • Compilation of asset management plans and council property information;
  • Portfolio/property strategy development (including research and valuations)
  • Implementation of COJ/MOE property strategy/requirements
  • Roll out of asset management plans
More Info>> | Research Reports>>


2. Property Management

This function involves obtaining and maintaining value from the property portfolio by effectively administering and leasing, acquiring and selling, and ensuring maintenance of the property. Ensure success in all asset management operations by providing precise information and understanding of the physical characteristics of the portfolio or the assets.

Functions:

  • Investigation into best practice standards
  • Document management and analysis
  • Property specific or portfolio data compilation and survey
  • Property Development
  • Propety maintenance and management of services and encroachments
  • Facilities management

3. Property Development

Property development aims to maximise the financial, economic and social returns from the sale and/or lease of council owned land by active engagement with the property development value chain, in line with the City’s Growth and Development Strategy.

Over the past 5 years JPC has signed agreements for private sector investments in excess of R8bn in property development project. Over R4.7 bn of this investment was secure in marginalised areas such as Orlando, Newtown and Jabulani.


The unit has successfully facilitated the completion of a range of projects with a combined investment value of nearly R2 Bn.

These projects include:

  • Worldwear Shopping Centre
  • FNB Westbank Offices
  • Pan African Shopping Centre
  • Mofolo North residential development
  • Melrose Crossing
  • Soweto Hospice in Diepkloof
  • Orlando ekhaya projects- including University of Johannesburg campus, Orlando Towers & JoshCo Hostel conversion; and
  • Dale Lace Village in Westcliff.
More Info>>


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