Real Estate Investor Magazine South Africa Real Estate Investor Magazine - April 2017 | Seite 33

COMMERCIAL
CHOOSING A COMMERCIAL PROPERTY
FOR YOUR BUSINESS
ORESTI PATRICIOS
CEO OF ORNICO
“Urban spaces are our future, and Johan-
nesburg’s inner city is very much the heart
and soul of what it means to be South Af-
rican. One loses a sense of that pulse out
in Sandton…There’s an energy, an enthusi-
asm, and opportunity for massive innova-
tion in the city that’s contagious.”
www.reimag.co.za
VUYISWA MUTSHEKWANE
CEO, SAIBPP
“The commercial sector still remains
frighteningly untransformed, with less
than 10% being black-owned, managed
and controlled. Currently less than 10% of
the buildings occupied by government de-
partments are black-owned, managed and
controlled, resulting in 80% of government
lease spend going to B-BBEE-compliant but
untransformed companies.”
PHILIP HILLMAN
HEAD OF STUDENT HOUSING, JLL EMEA
“There has been an unprecedented increase in
the number of student enrolments across sub-Sa-
haran Africa. In the period 2000 to 2014 period,
the SSA tertiary gross enrolment ratio rose from
4,3% to 8,2%. This trend, when coupled with a
growing tertiary-aged population, suggests that
demand for purpose-built student housing should
grow rapidly over the medium term.”
APRIL 2017 SA Real Estate Investor
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