Real Estate Investor Magazine South Africa April 2016 | Page 36

WOMEN IN PROPERTY Taking the Property Market by Storm Sandra Woest Please briefly detail your career up to your current position? I started with Henley Estates in 2013 working closely with Andrew Taylor, our current Vice Chairman at Henley & Partners, learning and expanding my knowledge of the international property market. I studied law and since my second year, doing Property law, I’ve had an extensive interest in real estate investment. Henley Estates merged with Henley & Partners last year and I am now a senior manager advising clients on Citizenship- and/or Residence-byInvestment where one can acquire a second passport by investing in the right country, and most of the time in property. What is your investment philosophy? I would have to say it is that a property investment can be much more than just the purchase of an immovable asset. It can makes you and your family more mobile in future. Whether it is because you can liquidise and use the profits or whether you can combine and secure an asset that gives mobility and security, such as a second passport. A residential property is for most people the biggest investment they will ever make. We in the industry need to understand how personal and important this is for every client. With everything going on in the world; stocks tumbling and unstable currencies, property still remains the most secure investment. What opportunities do you foresee in your sector/industry in South Africa South Africa is seen as the gateway to Africa and still the most desired destination in Africa. We have huge economic opportunities in SA and property development companies are spending billions on new developments. There is a huge demand for property, 34 APRIL 2016 SA Real Estate Investor not only housing, but hospitality and commercial too. I have clients who are top international property investors and speaking to them, they are very positive about investing in South Africa with a lot of new, planned and running developments such as hotel, luxury apartment living and commercial developments. SANDRA’S TOP FIVE INVESTMENT TIPS 1 Decide what your main objective is. Long or short term growth, rental income potential, residential or commercial property, etc. 2 Look at the history as well as future of the location and environment where property is situated 3 Research other factors positive and negative that can influence the future value and potential income such as new shopping centres, schools, new businesses, access to national roads as well as safety factors. These will also assist not to over capitalize in a certain area 4 When consi \