Property Sector Charter 2017

GoG
Complex structure
Where an enterprise is exempt from an indicator in the scorecard because of the nature of
its trade, it will calculate its overall performance based on total maximum points minus the
weighting allocated to the indicator from which it is exempt. For example any enterprise that
does not do development, thus will not be able to make investments in property related
developments will be exempt from performing under that category of the scorecard, and
consequently scored out of commensurately less. This is illustrated on the table (1) below.
Each tick represents an indicator of the scorecard that an enterprise needs to comply with.
COMPLEX STRUCTURE TABLE
Ownership
APUTS
Property Unit
Trust/ REITS
(external PLSA
managent) Property
Loans Stock
(external Asset
management)
Management
Property
Owners/REIT
S External
Management
Property
Managers
Services
Internal
Management
with
PLSA/REITS
Unlisted
Public
Mandated
Collective
Investment
Scheme
Estate
Agents
√ √ √ √ √ √ √ √
Management
Control √ √ √ √ √ √ √ √
Employment
Equity
Skill
Development
Enterprise &
supplier
Development
Socio-
Economic
Development
X X √ X √ √ √ √
X X √ X √ √ √ √
√ √ √ √ √ √ √ √
X √ √ √ √ √ √ √
Economic
Development
√ √ X √ X √ √ X
Figure (viii): Average BEE Level per segment
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