The iconic WesbankFairland development
Joburg Property Company
turns 13 in 2013
As an agent of the City of Johannesburg (CoJ) Metropolitan
Municipality, JPC is contributing to the objectives of the Growth
and Development Strategy articulated by the Mayor and by
utilising council-owned land assets to leverage private sector
investment in public infrastructure.
The City of Joburg Property Company (JPC)
services include:
• Management of council property portfolio
• Selling and buying of property
• Facilities management
• Property planning and advise
• Property management
• Property development and facilitation
• Property maintenance
• Property register maintenance
• Letting/leasing of council property portfolio,
including
• Outdoor advertising
• Servitudes, encroachments and access rights
control
JPC Objectives
The JPC objectives are to harness the City’s
property portfolio transactions to increase
economic growth and Broad-Based Black
Economic Empowerment (BBBEE), while creating
jobs and economic opportunities for the
disadvantaged communities and businesses.
JPC does not use agents or brokers when
leasing or selling property as legal requirements
directs for an open tender system that allows all
interested parties an opportunity to participate
in the economic development of the World
Class African City.
JPC Background
The Joburg Property Company was established
in 2000 and as the only mandated agency
of the City of Johannesburg to manage and
develop land and property on behalf of the
City. It currently manages a property portfolio
worth over R8, 8 billion with 64 000 properties
covering at least 39 000 hectares. Since the
1st of November 2012, JPC has merged with
the Facilities Management Unit and Metro
Trading Company, in effort to consolidate key
functionalities in providing excellent service
delivery to our stakeholders
Achievements
Since its inception JPC has been responsible
for iconic developments such as the Orlando
Towers in Soweto, Soweto Theatre, the
Newtown development, Huddle Park Golf
Course in Linksfield and most recently the
Jabulani Precinct in the Jabulani CBD in
Soweto.
Key projects
The Land Regularisation Programme is the
first of its kind in City history and unique to
any majorCity in South Africa where the long
term/leaseholders of property are given title
to their homesand business places that were
council owned.