MASTER INVESTOR
We completely sold out well ahead of completion and it was actually the continuation of the boom that started in 2014 and only subsided towards 2019 .
5 . WHAT ARE THE 3 MOST IMPORTANT FACTORS WHEN EVALUATING A DEAL ? Location , price and size
6 . WHAT ROLE DO YOU SEE TECHNOLOGY PLAYING IN THE FUTURE OF YOUR INDUSTRY & HOW DO YOU PREPARE FOR IT ? Difficult one . We are on the bricks and mortar side for sure but how people interact with buildings - work from home , etc is important for the future . We created the first completely digital accessible building in our Flamingo development in Sea Point - no physical keys .
7 . HOW DO YOU ENVISION THE FUTURE TRENDS OF YOUR INDUSTRY ? WHAT STEPS ARE YOU TAKING TO STAY AHEAD ? Its not a industry that can scale as it has so many players in it . Talk to anyone who will listen about what is going on .
8 . ANY KEY INSIGHTS , KNOWLEDGE OR LESSONS THAT YOU GAINED THAT YOU WOULD LIKE TO SHARE ? The answers are our there , you just have to be humble enough to know that you don ’ t have them .
9 . MOST IMPORTANT LESSONS YOU HAVE LEARNT FROM THE EXPERIENCE IN YOUR CAPACITY AS AN INVESTOR ? Lifestyle cities will always trump commercial cities - Cape Town vs . Joburg ; Rio vs Sao Paolo , etc .
23 DEC 2023 / JAN 2024 Real Estate Investor Magazine