The Property Loan Stock Association (“PLSA”) has consistently and continuously contributed to the process, both financially and through representation on the Steering committee, of the Property Sector Transformation Charter (“the Charter”). The Charter has received consistent support from our members, which represent the bulk of the listed property sector.

Now that the Charter is signed the PLSA is 100% committed to this guideline for the property industry to proceed on its transformation process and is positive about its role on the Property Charter Council going forward.

The implementation of transformation and the principles of the Charter is and always will be the responsibility of the participants in the property sector

The PLSA wholeheartedly supports the ideals driving the charter, with a number of its members having already embarked upon significant transformation initiatives and even more expected in the near future.

Released on behalf of:                                      
Property Loan Stock Association
Norbert Sasse, Chairman
T.         011 286 7306
C          083 632 1599

By                                                                   
Marketing Concepts
Sandy Davey
T.         011 783 0700
C.         083 453 6668