Broll Beacon - September 2007 (558.45KB)
Broll Beacon - September 2007 (558.45KB)
Broll Beacon - September 2007 (558.45KB)
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Martin Fitchet, MD of CBRE MAS<br />
A<br />
year ago CB Richard Ellis Mass<br />
Evaluation Service (CBRE MAS) in<br />
Durban consisted of four people.<br />
Today there are more than 40 staff<br />
members with site offices in Ladysmith,<br />
Newcastle, Nelspruit, Pietermaritzburg and<br />
Richards Bay that pits the company among<br />
the leading municipal valuations players in<br />
the country.<br />
The 2004 Municipal Rates Act set in motion<br />
South Africa’s largest valuation exercise<br />
involving the appraisal of around 9-million<br />
properties from vacant rural land to oil<br />
refineries, shopping centres, body corporate<br />
fl ats and free-standing homes.<br />
The managing director, Martin Fitchet, credits<br />
the process with being “a significant<br />
opportunity” for the country that on<br />
completion – legally expected by June 2010<br />
but likely to be pushed out – will provide<br />
accurate, sound economic data about South<br />
Africa’s property market.<br />
By July 2008 the company will have<br />
completed R75bn worth of municipal<br />
valuations and submitted tenders for several<br />
further regions throughout the country. The<br />
company recently acquired the MetGovis<br />
Growing from<br />
strength to strength<br />
software system that enables<br />
CBRE MAS to supply local<br />
governments with an interface<br />
between the valuation roll and the<br />
billing system.<br />
The system’s first upgrade called<br />
MetVal was launched in<br />
<strong>September</strong> and CBRE MAS has<br />
already been contracted to<br />
provide supplementary valuation<br />
services in three municipalities<br />
until 2012 using his system.<br />
Martin says across South Africa there are a<br />
host of projects underway, but only within<br />
about 25 municipalities – or 10% of the<br />
national total – refl ecting the limited skills and<br />
the need to extend the deadline beyond<br />
2010. However, he praises KwaZulu-Natal<br />
and the Local Government, Housing and<br />
Traditional Affairs Department for the<br />
proactive way in which they are facilitating<br />
the process. Others can take a leaf from<br />
their book.<br />
Smaller municipalities – in some cases up to<br />
10 – band together as a single entity to<br />
tender, maximising economies of scale, which<br />
means that the province can finish the project<br />
within deadline.<br />
The full staff complement at CBRE MAS.<br />
The provincial government provides<br />
councillor orientation sessions that offer<br />
communication plans, ongoing discussions<br />
and assistance with tendering and<br />
procurement to smooth a process that is<br />
essentially a new experience.<br />
Martin says there are very few properties not<br />
traded on the open market (shopping centres,<br />
mine shafts, oil refineries) for which CBRE<br />
MAS imports specialist skills. Thereafter,<br />
pounding the pavements to assess position<br />
and gain access to properties to wholly<br />
understand rental peaks and valleys is a<br />
critical element in procuring accurate data.<br />
In this vein the synergy between the <strong>Broll</strong><br />
businesses comes into play as CBRE MAS has<br />
access to sound rental and capitalisation<br />
information. ‘South Africa has set aside the<br />
capital to invest in this key project. It is<br />
essential we complete it properly and<br />
accurately gather the information,’ he says.<br />
Looking ahead, Martin says as Africa has<br />
shifted towards private ownership, there is a<br />
growing need for mass evaluation projects to<br />
underpin property tax environments. <strong>Broll</strong><br />
and CBRE MAS thus have a potentially bright<br />
future exporting their expertise beyond South<br />
Africa’s borders.<br />
beacon<br />
KEEPING THE BROLL FAMILY IN TOUCH<br />
Welcome to the family<br />
8<br />
Meet the new brolletjie:<br />
On 20 July <strong>2007</strong>, at exactly 17h16,<br />
Janine Schultz - <strong>Broll</strong> ApexHi Property<br />
Manager for the Eastern Cape Portfolio -<br />
and her husband Sam, welcomed their<br />
baby into the world.<br />
Sam with her baby at 2 weeks<br />
[ Contributions and<br />
comments ]<br />
Please forward all ideas,<br />
stories and comments to:<br />
The Editor <strong>Broll</strong> <strong>Beacon</strong><br />
Cullum Johnston<br />
Tel 021 461 1705<br />
cullum@imbongisa.com<br />
IMBONGI COMMUNICATIONS TEL: 021 461 1705 www.imbongisa.com<br />
<strong>2007</strong>, Edition 3<br />
Inside<br />
this<br />
issue....<br />
Helping out at<br />
New<br />
Jerusalem<br />
2<br />
<strong>Broll</strong>’s<br />
Nigeria<br />
training<br />
Fran’s<br />
secrets to<br />
success<br />
3 7<br />
Martin Fitchet<br />
on CBRE MAS<br />
8
The secrets of Fran’s success<br />
The Cape Town Women’s Day Tea offered scrumptious treats<br />
Sylvia Maobee enjoys a break<br />
from work.<br />
The ladies - Michelle Needham, Margie Pillay, Joanne<br />
Mileham - have their cake...<br />
Women’s Day Celebration<br />
The women at <strong>Broll</strong>’s Cape Town and Johannesburg offices<br />
enjoyed the decadent Women’s Day tea parties that were<br />
organised by Dave Bennie in Cape Town and Marketing in<br />
Illovo. ‘The catering was outstanding and the women felt<br />
pampered,’ says Yvette Huysamer from Cape Town. ‘It was a treat to<br />
just relax and catch up with all the ladies in the company.’ In<br />
Johannesburg, the ladies were equally happy and felt that the event<br />
was a treat.<br />
Embracing the day - Ken Gerber,<br />
Director Marketing.<br />
... and eat it in Johannesburg<br />
<strong>Broll</strong> does it best<br />
The <strong>Broll</strong> Foundation’s volunteer committee hands over some of the goods they collected to the New Jerusalem Children’s<br />
Home. Standing from left: Tilly Gasela, Ann Campbell, Izak Kriel, Bianca Beaumont, Nation Molele, Savita Rae, Anna<br />
Mojapelo fom New Jerusalem, Caiphus Mothapo, Dawn van den Berg. Front from left: Yvonne Behari-Ram, Riaan<br />
Lochner and an assistant from New Jerusalem.<br />
<strong>Broll</strong>’s staff pulled together to raise<br />
close on R50 000 worth of clothing<br />
and goods for donation to the New<br />
Jerusalem Children’s Home. The<br />
goods, including clothing, blankets and<br />
items essential to the effective running of<br />
the home, were handed over to co-founder<br />
Anna Mojapelo by the company’s staff at a<br />
function on Friday 31 August.<br />
‘Staff in our Illovo head office led the way,<br />
with our national branches participating<br />
as well,’ said Tilly Gasela, head of the<br />
<strong>Broll</strong> Foundation, which leads a volunteer<br />
fundraising committee. ‘Apart from<br />
appealing for donations of clothing and<br />
blankets, we arranged the sponsorship of<br />
several prizes for a raffle. For a R20-ticket,<br />
staff stood the chance of winning a first prize<br />
of a return air ticket to any South African<br />
destination. Second prize was a dinner for<br />
two, with a confectionary hamper on offer<br />
for third prize.’ The money raised by the<br />
raffle was used to purchase pedal-operated<br />
waste disposal bins for New Jerusalem –<br />
a facility that they require by law, but<br />
were lacking.<br />
It’s not just the <strong>Broll</strong> staff that made the<br />
effort to support the Children’s Home – the<br />
company is matching their spirit with a<br />
donation of its own. ‘Our IT Department has<br />
renovated 18 personal computers, that they<br />
will give to New Jerusalem complete with<br />
the full Microsoft Office suite. They have<br />
also volunteered their time to train the New<br />
Jerusalem staff how to best use this to boost<br />
their infrastructure,’ Tilly continues.<br />
The New Jerusalem Children’s Home is in<br />
Midrand, and works with traumatised or<br />
abandoned youngsters/minors, and children<br />
who have been affected by HIV/AIDS. In<br />
its seven years of operation, it has made a<br />
difference in the lives of over 1000 children,<br />
and plans to increase its capacity from 50<br />
people to around 120 full-time residents.<br />
<strong>Broll</strong> Properties operates a social<br />
responsibility programme across all its<br />
branches, through which staff offer their<br />
support to those in need of assistance.<br />
Beneficiaries have included various children’s<br />
homes, as well as recipients of homes built<br />
by Habitat for Humanity using funds raised<br />
by the company and staff.<br />
Tilly Gasela from <strong>Broll</strong> with Anna Mojapelo and her<br />
assistant, from the New Jerusalem Children’s Home.<br />
Just a few members of the high-powered Gauteng office broking team. From left: Fran Teagle with Jane Parker, Elza Human, Jonathan Klopper and Keke Khojane<br />
Fran Teagle’s advice to people<br />
wanting to succeed in property is,<br />
‘be constantly proactive, network<br />
all the time and canvas on an ongoing<br />
basis. And above all, you have to<br />
be passionate about this industry and be<br />
hungry to make it work.’<br />
Fran and her Commercial Property team<br />
in Johannesburg are a highly successful<br />
broking combination. ‘It’s a group effort,’<br />
says Fran. ‘We have 10 brokers ranging<br />
in age from 23 to 70, which means we<br />
have a great range of personalities<br />
and consultants to suit each of our<br />
landlords’ and leasing/purchasing<br />
clients’ requirements.<br />
We’re all very focused and driven by the<br />
commission that we make, particularly the<br />
younger members of the team, eager to<br />
make their mark,’ she continues. ‘We’re<br />
particularly proud of Keke Khojane, who’s<br />
taking the Johannesburg CBD by storm,<br />
after only being with us for four months.’<br />
Fran explains that part of their success is<br />
taking pride in providing quick service,<br />
which they do through the database<br />
they’re all committed to maintaining.<br />
‘Every agent updates the database every<br />
day, and when a new client approaches<br />
us to find space for them, we are able to<br />
get back to them the same day with<br />
suggestions,’ says Fran, explaining the<br />
secrets of the team’s success.<br />
‘We also spend a lot of time networking<br />
with our landlords to make sure we know<br />
what’s possible and where new<br />
opportunities are in the market. It’s vital<br />
that we’re on top of what’s happening<br />
in the business world to understand<br />
the dynamics of our clients’<br />
businesses and to identify potential<br />
business,’ Fran continues.<br />
One of the other keys to the team’s<br />
success is its diverse range of services.<br />
Not only does its leasing portfolio extend<br />
from Johannesburg’s CBD to the West<br />
Rand, East Rand and Pretoria, but the<br />
team is active in facilitating land<br />
assemblies and new developments. ‘We<br />
identify sites that have potential for<br />
commercial development, and then<br />
facilitate the process of re-zoning. Once<br />
developers have done their work on site,<br />
we then have additional stock to add to<br />
our portfolio,’ she says.<br />
Fran started her career as a residential<br />
estate agent but soon needed a bigger<br />
challenge. After five years at <strong>Broll</strong> she is<br />
still excited by the challenges she’s<br />
presented with every day.<br />
2 7
Do you know your status<br />
On 9 February <strong>2007</strong>, the<br />
Government published the first<br />
official version of the Codes of<br />
Good Practice on BEE. This<br />
document provides guidelines and targets for<br />
companies wanting to achieve a BEE status.<br />
As the Property Charter is still only a draft<br />
document under discussion, the Codes – as<br />
they are known – provide the only official<br />
benchmark for companies in the property<br />
industry to be measured.<br />
‘As a company we are fully committed to the<br />
letter and spirit of this process,’ says<br />
executive chairman Jonathan <strong>Broll</strong>. ‘While<br />
there are no penalties for not meeting the<br />
benchmarks, any business that ignores the<br />
codes will rapidly become uncompetitive in<br />
the market place.’<br />
Companies wishing to grow with SA’s<br />
economy will need to determine their BEE<br />
score and obtain a rating from one of the<br />
approved verification agencies. <strong>Broll</strong> is<br />
currently going through this exercise. These<br />
scores will have an infl uence on how<br />
competitive that enterprise is when<br />
government or any other entity allocates any<br />
of its business.<br />
The seven core elements making up the code<br />
are; ownership, management, employment<br />
equity, skills development, preferential<br />
procurement, enterprise development and<br />
socio-economic development.<br />
‘It’s in the areas of employment equity, skills<br />
development and preferential procurement<br />
where many of our staff can have a positive<br />
infl uence by adhering to our internal policies<br />
when recruiting and training people and<br />
purchasing goods and services. In fact,<br />
preferential procurement is a category that<br />
carries the same weight as ownership when<br />
developing a score card.’<br />
It’s in the area of contractor allocation that<br />
<strong>Broll</strong> exercises a large procurement infl uence<br />
and with almost 6000 different suppliers this<br />
is an area under the microscope.<br />
Administered by Colleen Halford, each<br />
supplier needs to provide proof of various<br />
documentation before being approved, this<br />
includes; company registration documents<br />
with ID documents of the shareholders, SARS<br />
tax clearance certificate and other relevant<br />
statutory organisation’s certificates ie.<br />
Workman’s Compensation, insurance and<br />
banking details. Obviously, it’s best to have a<br />
prospective supplier submit and be placed on<br />
the approved list before work is actually<br />
awarded to them.<br />
According to Colleen this registration process<br />
is an important element of the company’s ISO<br />
rating obligation and employees not<br />
following the process can jeopardise this<br />
important quality benchmark.<br />
‘<strong>Broll</strong> suppliers need not fear the<br />
implementation of the BEE Act,’ says<br />
Jonathan. ‘Small entrepreneurs with a<br />
turnover of less than R5million are exempted<br />
from the provisions while there are two<br />
categories for suppliers over that level.<br />
What’s critical to us, is that every one of our<br />
suppliers does in fact determine their own<br />
BEE score because this enables us to establish<br />
our own rating. And we need to have that as<br />
accurate as possible if we are to grow and<br />
take advantage of the dynamic property<br />
economy, which is in all of<br />
our interests!’<br />
<strong>Broll</strong> sponsors PDP dinner<br />
<strong>Broll</strong> sponsored this year’s Property Development Programme (PDP),<br />
hosted by SAPOA. Ken Gerber (left), Marketing Director, was on<br />
hand to welcome everyone at the SAPOA PDP graduation dinner.<br />
It is a two-week course and is South Africa’s premier management<br />
programme on property finance, valuation, property law, negotiation,<br />
investment, development, marketing and management. High level delegates<br />
from all over the country attend the course to sharpen their skills and<br />
knowledge through practical instruction and case studies.<br />
<strong>Broll</strong>’s Nigerian team with seated second from left: Olubukola Lanipekun-Lawal (HR manager at <strong>Broll</strong> in Lagos), Fred<br />
Bihl (<strong>Broll</strong> consultant), Jacus Pienaar (lecturer) and Prof. Chris Cloete (course director).<br />
<strong>Broll</strong> trains in Nigeria<br />
A<br />
cornerstone of <strong>Broll</strong>’s African<br />
expansion is the education of<br />
local staff and it was with this in<br />
mind that the company<br />
conducted its first on-site training session<br />
in Lagos, Nigeria. According to course<br />
director Prof Cloete from the University of<br />
Pretoria the quality of the participants<br />
was outstanding.<br />
‘Most of the people in the Nigerian team<br />
were graduates and some even had<br />
master’s degrees,’ he says. ‘Many of them<br />
had studied in the UK, USA and Ghana. It<br />
was a very interesting training session<br />
because of all the different property laws<br />
everyone knew about – having trained in<br />
various countries. So it was more a session<br />
of adaptation to create a common<br />
framework within which to work instead of<br />
being purely about training.’<br />
Prof Cloete was very impressed with the<br />
high level of experience that the<br />
participants had – many worked in<br />
property development and property law<br />
overseas – before returning to Nigeria to<br />
work at <strong>Broll</strong>. ‘The team I met in Lagos<br />
was very strong and they all seemed very<br />
competent,’ says Chris.<br />
‘They only completed their training in<br />
August so they are still in the examination<br />
process. They haven’t yet reached the<br />
stage of handing in assignments.<br />
That’s where we’ll see the proof of the<br />
training’s success.’<br />
Overall, it was a very positive experience<br />
and Prof Cloete was happy with the<br />
commitment of the Nigerian team.<br />
Prof Cloete was in Cape Town during <strong>September</strong> for an Introduction to Property training session at the Waterfront.<br />
(Back left to right): Wesley Sissing, André Williams, Eugene Veldsman, Londi Vermeulen, Rudolph Marshall, Shasta<br />
Le Grange, Zaimodien Toefy, Gerad Davidson, Prof. Chris Cloete (course director)<br />
(Front left to right): Duonette Paton, Nhululeko Tsholetsane, Karin Merrifi eld, Sharon Dada, Evyette Graham, Feriaal<br />
Gamiet, Carina Vries, Ellen Madraymuthoo, Naleen Dilraj<br />
Chairman’s message<br />
The launch of the <strong>Broll</strong> Star Awards employee<br />
recognition programme should be a<br />
hugely exciting event for every staff member.<br />
While every employee is valued for the role<br />
they play in making this company great,<br />
there are those who regularly go above and<br />
beyond the call of duty – and we want to<br />
recognise them.<br />
The 25 finalists will be in for a real treat. In<br />
addition to the R500 cash prize each of<br />
them will receive, there is a grand prize that<br />
really is just that – a GRAND PRIZE – and<br />
that will be awarded following a live draw at<br />
the Johannesburg year-end function. One of<br />
the finalists will become the instant holder of<br />
the grand prize.<br />
Congratulations are due to Ken Gerber and<br />
the Corporate Services team for securing the<br />
contract to manage Bidserv’s national leased<br />
portfolio. Bidserv forms part of the Bidvest<br />
Group and is the holding company for wellrecognised<br />
companies like Prestige, Steiner<br />
and Magnum Shield. This is a significant<br />
achievement and should unlock opportunities<br />
for other divisions within <strong>Broll</strong>. We look<br />
forward to a long-standing relationship<br />
with them.<br />
Also worthy of mention is the performance<br />
of Fran Teagle and her team. Under her<br />
capable leadership, the Office Leasing Team<br />
has established a reputation for professionalism<br />
and service excellence, in the process<br />
becoming a dominant force in the Gauteng<br />
commercial broking market. Well done Fran.<br />
We are heading at full speed to the end of<br />
<strong>2007</strong>; it’s been a busy year but much<br />
remains to be done. Let’s keep our eye on<br />
target and not drop the exacting standards<br />
we’ve become known for.<br />
Regards<br />
6 3
Spearheading the rest<br />
<strong>Broll</strong> hosts the world<br />
The Cape Town Spearhead team: Front: Unica Masters, Amelia Kayser, Anne Voorneveld. Middle: Sibongile Masombuka, Samantha Lambert, Lameez Adams, Vanessa Sullifant, Tracey-<br />
Lee Saayman, Diane van Rooyen, Mazel Matthews, Rentia de Wet. Back: Surur Allie, Amina Adriaanse, Bronwyn Solomons, Renato Mion, Peter Dicks, Qaaid Mesias, Nigel Smithie.<br />
At the end of last year <strong>Broll</strong> took over management of the<br />
Spearhead/Redefine portfolio consisting of a number of<br />
industrial, commercial and retail properties. The Cape<br />
Town Spearhead team, managed by Anne Voornveld, is<br />
responsible for 45 properties and the team itself, now totalling 18<br />
members, has doubled in size since it was formed in December<br />
last year.<br />
This lady has the right attitude<br />
From messenger to property administrator – Aa’ishah Starke’s story<br />
is one that inspires people to work hard and be patient.<br />
Aa’ishah, a property administrator,<br />
has been working at <strong>Broll</strong> for 15<br />
years. She began her career here as<br />
a casual, which soon led to a<br />
permanent position as a messenger.<br />
She enjoyed the job very much, but, after<br />
seven years she felt like she was ready for a<br />
new challenge. One day, while on her way to<br />
work, she thought to herself, ‘There’s something<br />
more,’ she says.<br />
Unknown to her, her hard work over those<br />
seven years had been noticed and soon she<br />
was promoted to secretary. She was excited<br />
about the change and was sent for courses to<br />
improve her skills.<br />
Aa’ishah completed two courses and received<br />
certificates for: Lease Negotiation and Property<br />
Principles both from the academy. Aa’ishah<br />
was successful in her new role and continued<br />
working until 2005 when she went on<br />
maternity leave. She had a baby and was<br />
meant to come back last May but was unable<br />
to. She became seriously ill and had to take<br />
disability leave. Aa’ishah is very thankful to<br />
her husband and <strong>Broll</strong> in Cape Town for<br />
supporting her over the six months it took for<br />
her to recover.<br />
She returned to work last <strong>September</strong> and has<br />
been working like crazy ever since. Aa’ishah<br />
takes pride in her work and even though it is<br />
not a requirement, she sometimes stays late so<br />
that she is up-to-date with everything.<br />
With a demanding list of daily responsibilities, such as managing<br />
day-to-day property maintenance, leasing; re-renting; budgeting;<br />
rental collections and of course keeping the clients and tenants<br />
happy, the Spearhead team admits there’s never a dull day in<br />
the office.<br />
In her spare time Aa’ishah enjoys going for<br />
drives and walks, ideally on Sea Point<br />
promenade, chatting to her husband Nazim<br />
with her two children; Aaisheqah, 7 years old,<br />
and Junaid, 18 months old. She says, ‘I<br />
treasure my family. My life is my family and<br />
this job. <strong>Broll</strong> is my security; they’ve given me<br />
opportunities and I will always give them<br />
my loyalty.’<br />
<strong>Broll</strong>’s display at The Shopping Centre Convention.<br />
The International Council of Shopping Centre’s world summit<br />
– held every two years – was hosted in Cape Town for the<br />
first time and <strong>Broll</strong> was one of two Platinum Sponsors for the<br />
global event.<br />
Attracting more than 1500 delegates from across the world, the<br />
Shopping Centre Convention has become the ideal place for those<br />
involved in the retail property sector to meet, compare notes and<br />
brush up on old contacts.<br />
‘As the continent’s leading shopping centre management company<br />
– we presently manage over 100 centres throughout Africa – it<br />
The ABSA<br />
Relay Challenge<br />
The Absa Relay Challenge, South Africa’s biggest corporate<br />
relay took place on 5 August this year in Johannesburg.<br />
<strong>Broll</strong> entered teams to compete in the running<br />
and walking categories.<br />
made sense for <strong>Broll</strong> to take a leadership role at this year’s prestigious<br />
event,’ said chief operating officer Leonard Michau. ‘Our<br />
exhibition space has been hugely popular and a great meeting<br />
point for clients and other industry players.’<br />
This year’s theme was ‘Shopping centres make a difference’ and<br />
the programme included speakers from around the world. Western<br />
Cape premier Ebrahim Rasool welcomed the delegates to Cape<br />
Town while former president FW de Klerk also featured on the<br />
speaker’s platform.<br />
The day started at the ABSA towers in the CBD and ended at The<br />
Expo Centre at NASREC, Absa. One of Absa’s Corporate Social<br />
Investment programmes, Casual Day - a project managed by The<br />
National Council for Persons with Physical Disabilities in South<br />
Africa - benefits from the race entry money.<br />
4 5