About Real Estate Department
Real estate is defined as “Property consisting of land and the buildings on it, along with its natural resources such as crops, minerals, or water; immovable property of this nature; an interest vested in this; (also) an item of real property; (more generally) buildings or housing in general. Also: the business of real estate; the profession of buying, selling, or renting land, buildings or housing”. (Oxford Dictionary)
The core function of the department is to analyse the City’s property portfolio so that sound strategies can be developed for each property segment. These strategies aim to ensure that the social, environmental and economic benefits of the portfolio are maximised for the benefit of residents.
Office of the HoD
Manyane Chidi has an MSc in Real Estate from the University of Pretoria and has worked in the real estate and asset management sector since 1996 including at Gauteng Provincial Housing. He joined the City in 2013.
Divisional Head Mabela Jonathan runs the Property Development Division that is mainly responsible for managing newly built construction and refurbishment projects, including provision and refurbishment of existing office space
Development of maintenance plans for maintenance planning of existing building infrastructure is one of the functions of this section, the Divisional Head position is currently vacant.
Property Management and Portfolio Advisory Services
This function looks at the management of enquiries on property; management of customer and tenant interface; oversight of the department’s portfolio; conducting of property inspections;
Phakane Phahlamohlaka heads up the support services that is responsible for strategy and planning, governance and compliance conducted at Real Estate corporate office