Reduced operating costs translate into higher rental income

Complete overhaul of Vukile's Randburg Square Mall translates into top quality mix of tenants.

Syenap Property now a member of Excellerate Property Services

Managing a portfolio of in excess of R59 billion in assets on behalf of property owners in Southern Africa and on the African continent, from 1 January 2014 JHI Properties will be headed up by Nomzamo Radebe who takes up the position of managing director. 

In a move to capitalise on business opportunities in both the private and public sector, Excellerate Property Services (EPS) has appointed Fundiswa ‘Fundi’ Mazibuko director of customer relationship management and business development.

Excellerate Property Services (EPS), which was formed following the Excellerate group’s acquisition of a stake in JHI Properties in 2010, continues on its focused, strategic growth path, says Marna van der Walt, who was appointed CEO of EPS in October 2012. 

With growth potential and investment in Africa increasingly under the spotlight, the South African based parking management company, Interpark – a member of the Excellerate Property Services group, is focused on increasing its footprint into the continent.

JHI Project Management, a wholly-owned subsidiary of Excellerate Property Services, was appointed the principal agent managing the development and execution of Innscor’s projects in Zimbabwe. 

Trading conditions in the commercial property market remain challenging, though there are a number of factors which are having a positive impact on activity and future potential in the market

As the year (2012) draws to a close, while the commercial property market in South Africa remains resilient despite being under constant pressure, it is apparent that the containment of operating costs is an increasingly key priority.