About Real Estate
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 Real Estate, which falls under the Department of Real Estate and Development Planning, 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.
Divisions
Property Management and Portfolio Advisory Services
Andrica Lekganyane is the Divisional Head of the Property Management & Portfolio Advisory Services Division. 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;
Property Development
The Property Development Division is mainly responsible for managing newly built construction and refurbishment projects, including the provision and refurbishment of existing office space. The Divisional Head position is currently vacant
Facilities Management
Divisional Head Jeffrey Senoelo runs the Facilities Management Division, responsible for the development of maintenance plans for maintenance planning of existing building infrastructure is one of the functions of this section.
Department Contacts
Property Management and Portfolio Advisory Services:
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