MASTER INVESTOR PROFILE
our apartments allowed for some elasticity in selling prices , however , the team put in a huge effort to limit cost increases through effective cost engineering and concentrated cost containment , supported by our in-house procurement department . At the same time , we worked closely with our architects on creative design modifications and specifications to reduce costs without compromising on the quality and world leading environmental standards associated with the Balwin brand .”
Over the last few years there has been strong focus on the annuity business where the company provides fibre to some of the residents as well as offering mortgage services if required .
“ Growing the annuity side of the business is a key objective and we have assembled a strong team headed up by supremely capable Raaziq Ismail . They have done a great job so far ; growth is up 80 % and revenue is coming in just under R39 million ,” says Brookes .