Real Estate Investor Magazine South Africa April 2018 - 100th Issue! | Page 47

INVESTOR INTELLIGENCE HOW CAN AN INVESTOR GET INVOLVED IN OUR VISION AND CONTRIBUTE TOWARDS THE EMPOWERMENT AND ENHANCEMENT OF SOUTH AFRICAN COMMUNITIES? 1. Take a long term view: A fundamental element is to look at the long-term picture. Our developments are decades in the making – Gateway, for example, represented highly interventionist thinking when it was developed in the late 1990s, being based on a bold new concept that has been proven successful. 2. Consider what you aim to achieve: Look at the big picture, think as broadly and as strategically as you can. If you had the opportunity without any of the usual business constraints, what would your business concept be? Then test that against the development framework and see where innovation can take you. 3. Spatial framework: Look for a region or municipality that has a well thought through spatial framework as this can give an investor confidence for 20 years. With strategically driven urban planning, much of the risk is removed for investors. To invest in a region where there is a developmental framework in place, this significantly reduces investment risk. 4. Collaborate with key stakeholders: One of our aims at Tongaat Hulett Developments is to derisk local investment. For example, our vision at Bridge City is to create a dynamic, harmonious and well balanced city precinct of the highest aesthetic, landscape and urban design. Through the establishment of a management association the precinct is well managed, has flourishing, safe open spaces and a very strong sustainable programme, which results in a more certain investment environment. hub that explicitly links communities together. This is not unique in our de- velopments. Cornubia, for example, is equally aimed at tying the urban knot. If you study the history of cities, the reason they exist is to bring peo- ple together for social and commercial interaction. Being closer and being linked to other urban areas improves and enhances the lives of the people in the communities. We believe very deeply in integra- tion and proximity rather than seg- regation, as we work towards over- coming the apartheid era of spatial exclusion – dormitory towns with daily commutes to work and retail fa- cilities which creates more wholesome environments with greater access to job opportunities as well as normal urban amenities. It is not surprising that the north Durban corridor is proving to be one of the investment hotspots in the country. Land is the catalyst for change. With eThekwini creating the framework and Tongaat Hulett facil- itating the development, the ball can move to the developers’ court. Reviving township economies and linking them back into the urban sys- tem is a silver bullet for transforming South Africa. Changing their essence from isolated dormitory towns to vi- brant, thriving communities for social and commercial enterprise will reverse past ills and lead to greater prosperity for all.  GET INSPIRED BY THE BIGGEST NAMES IN PROPERTY VISIT REIM TV AT WWW.REIMAG.CO.ZA Join us on REIM TV as we interview master investors such as Sol Kerzner, Robert Kiyosaki, and Christo Wiese to name a few SA Real Estate Investor Magazine APRIL/MAY 2018 45