Closing the skills gap in the commercial property market

Posted On Tuesday, 22 February 2011 02:00 Published by eProp Commercial Property News
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The South African Property Owners Association's specialised and intensive Property Management Programme (PMP), now in its second year, has again provided another critical base of high level property management skills

Sapoa CEO Neil Gopal19 graduates accepted their accreditation certificates at a presentation ceremony held at Melrose Arch on the 17th February 2011.
 
Recognising the critical shortage of high level skills in the industry, the PMP represents a large-scale and long term investment initiated by SAPOA. Developed by Wits University Professor Francois Viruly, who was the head of the school of Construction Economics and Management at the time, in conjunction with SAPOA's Property Management Committee, the programme has been carefully customised for the South African commercial property sector. 

“The PMP's cutting edge and focussed approach equips candidates with a wealth of knowledge and skills, with the ultimate aim to create a pool of the best property management professionals,” says Neil Gopal, SAPOA CEO.

He adds that the programme, now nationally recognised, meets the training needs of the industry, which for many years lacked formal, standardised and focussed training.

The eight-month professional course comprises weekly lectures by academics and property professionals, together with ongoing assessments. Featuring practical and theoretical training, candidates cover all aspects of property management, including marketing, leasing, financial administration and management, preparation of business and management plans, budgets and the interpretation and application of relevant legislation.

As the voice of the commercial property industry in South Africa, SAPOA has been instrumental in identifying and lobbying issues that affect its members. The association works towards constructive solutions for issues that impede the industry and in the case of the skills shortage, Gopal believes this is an excellent example of how SAPOA plays a vital role.

“Skills training is crucial and it's an area where the industry will continue to reap rewards in years to come; either as a result of the direct input of professionals who add value to the industry, or by way of skills transfer and the overall raising of the bar.”

SAPOA works closely with the Services SETA and Estate Agents Affairs Board to ensure effective learning in the commercial property industry, and also participates in the Service SETA Employer Association, Commercial Property Chamber Board, Organising Framework for Occupations and Committee of Expert Practitioners.



Last modified on Friday, 23 May 2014 19:18

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