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