Real Estate Investor Magazine South Africa August 2018 | Page 33

COMMERCIAL
FINANCING
32
Read more on
the ins and
outs of REITs, and their
listing on the LSE, by the
CEO of Grit, Bronwyn
Corbett.
34
The City of
Cape Town has
always been a residential
investment haven.
In this issue we learn
about the city’s push to
boost investment in its
commercial sector.
TIM SMITH
HVS managing partner
We have definitely seen huge success
across the continent when mixed-use
developments incorporate hotel com-
ponents because it gives hotel guests
the level of urban comfort they de-
mand, while allowing developers to
spread their financial risk.
WOUTER DE VOS
CEO of Atterbury Property Fund
By clustering investment properties
in specific precincts, not only does Di-
vercity Urban Property Fund benefit
from management efficiencies, but it
also enjoys better control of assets by
enhancing the intrinsic value around
each of its core real estate investments.
TIMOTHY IRVINE
Growthpoint Properties’ regional
asset manager for the Western Cape
By taking The District and other com-
mercial buildings off the water grid,
and substituting municipal water
with a safe and sustainable alternative
source of drinking water, we are taking
pressure off the city’s potable water re-
serves, adding to the resilience of the
city’s water system, and contributing
positively to the environment.
SA Real Estate Investor Magazine AUGUST/SEPTEMBER 2018
31