Real Estate Investor Magazine South Africa August 2013 | Page 2

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

an opportunity to participate in the economic
development of the World Class African City.

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.

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.

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

Key projects
The Land Regularisation Programme is the first of its
kind in City history and unique to any major

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