Real Estate Investor Magazine South Africa Dec/Jan 2016/17 | Page 37

your investor clients to diversify their portfolios globally. Although, simply selling properties in these urbanisation hubs isn’t enough. Add value to your investor’s purchasing decisions by remaining on top of the underlying economic characteristics of popular emerging market cities. This doesn’t necessarily mean you need to know everything about every country, but it does mean that you should to find a niche market or markets and invest in learning those markets’ characteristics well. Role 3. Offer realistic asset valuations There’s a growing number of property investors, globally and locally, that prefer to invest in modern buildings that utilise technology. ‘Green buildings’ will remain a popular choice for investors into the future. It’s important that all your valuations are based not only on traditional evaluation methodologies, but also encompass the value of technology upgrades to the building. Take for example the rise, and rise, of electricity prices in South Africa. A commercial property that is able to self-sustain will be far more attractive to your investors than an energy guzzling property. Also, some global markets have embraced smart technologies like AI-controlled heating and ventilation systems or smart-lighting systems that turn off if the building’s www.reimag.co.za empty. It’s up to you to know how tech contributes to the building value so that you don’t have to hard-sell features, instead of benefits. To remain the go-to commercial property investment manager in the future, you need to stay abreast of several factors that influence how investors are going to spend their money. PwC explains that investors will align with property managers that make decision-making easier. Success no longer hinges on your money-collection systems – it’s your insights that will count most. KEY TAKEAWAYS • The role of the real estate manager is evolving – Investors will be turning to you for even more insights and perspectives on both local and global market opportunities. • Remaining abreast of developments (technology, regulations, economic factors) will elevate your prominence in the eyes of investors. • Technology, sustainability and environmental impact will become a greater concern amongst investors, which means you need to know the difference between an energy-guzzler and a ‘green building’. RESOURCES Standard Bank BizConnect DEC/JAN 2016 SA Real Estate Investor 35