COMMERCIAL PROPERTY REPORT January 2014
This report highlights property transactions with a value of more than R5million that have occurred since January 2013 and should be viewed in conjunction with the Property section in www.sarevealed.co.za which carries all the transactions in a spatial environment.
SA Revealed has taken every care in compiling information and material for this report, but will not be held responsible for any loss, damage or inconvenience caused as a result of any inaccuracy or error contained in this report
Tel: +27 11 463 6327Fax: +27 11 706 1804www.sarevealed.co.za Moraine House, The Braes,193 Bryanston Drive Bryanston, Johannesburg, South Africa SA Revealed (Pty) Ltd Registration Number 2011/112308/07 1 January 2014 Summary
The data reflects transactions over R5million that were processed through the Deeds Office from January 2013, showing transactions for the month of January 2014, the cumulative position for the current year, and the full view for 2013.
1.0 Executive Summary
The following are the highlights for January 2014:
Leaf Property Fund are building a portfolio transferring properties from associated companies resulting in a significant increase in Second Tier activity Listed Properties accounts for 13% of overall transaction values, with Growthpoint being the most active Long term insurers (part of the Investment owner segment) appear not to be investing in property but are selling off their properties into the Listed sector Cape Town recorded a greater level of activity than Johannesburg in January, mainly driven by the Leaf Property Fund transactions Activity in Ekurhuleni Municipality and Nelson Mandela Municipality is very low Government activity makes up over 5% of property transaction value Activity in the Durban - North area was boosted by large transactions by Dube Trade Port around King Shaka Airport Investec achieved double the market share (ito value) during January
Segmental Analysis
1.1 Owner Segment
The transactional activity is broken into the following Owner segments (Rand Mill):
OWNER SEGMENT 2013 2014 YTD January 2014 COMMERCIAL 54,422 54% 3,577 48% 3,577 48% SECOND TIER 1,920 2% 1,427 19% 1,427 19% LISTED PROP COMP 21,658 21% 1,142 15% 1,142 15% TRUST 12,211 12% 647 9% 647 9% STATE 3,208 3% 352 5% 352 5% RESIDENTIAL DEVELOPMENT 1,569 2% 82 1% 82 1% BANK 2,306 2% 61 1% 61 1% CO-OPERATIVE 2,039 2% 57 1% 57 1% MUNIC 442 0% 30 0% 30 0% MINES 874 1% 15 0% 15 0% CHURCH OR COLLEGE 60 0% 7 0% 7 0% INVESTMENT 124 0% 0 0% 0 0% EDUCATION 52 0% 0 0% 0 0% STUDENT ACCOMMODATION 65 0% 0 0% 0 0% Total 100,950 7,397 7,397
Table 1: 2014 Transactions by Owner Segment
The Commercial Segment will reduce and the Second Tier and Residential Development segments will increase, over time, as the companies are being researched and classified into the appropriate owner segments.
2 1.2 Highest Transactions and Bonds
The following highlights are noted from the January 2014 data:
Nationally, the top 10 transactions were:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 944,000,000 NEWSHELF 1167 PROPRIETARY LIMITED UNITED NATIONAL BREWERIES S GAMALAKHE~457~00000 GAMALAKHE A PROPRIETARY LTD 2 371,649,190 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST CAPE TOWN~173662~00000 ZONNEBLOEM CAPE TOWN - CENTRAL 3 360,000,000 DUBE TRADEPORT CORPORATION TONGAAT-HULETT LTD MOUNT MORELAND~1000~00000 DURBAN - NORTH 4 342,000,000 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST VREDEHOEK~134~00000 CAPE TOWN - CENTRAL 5 223,100,000 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST VREDEHOEK~227~00000 GARDENS CAPE TOWN - CENTRAL VREDEHOEK~2702~00000 GARDENS CAPE TOWN - CENTRAL 6 207,233,957 LYLAGENIX PTY LTD GREAT FORCE INV 112 PTY LTD TZANEEN~4593~00000 RESILIENT PROP PTY LTD GREAT FORCE INV 112 PTY LTD TZANEEN~4593~00000 7 205,000,000 GROWTHPOINT PROP LTD MOMENTUM PROP INV PTY LTD SANDHURST~38~00017 JOHANNESBURG - SANDTON SANDHURST~38~00021 SANDHURST JOHANNESBURG - SANDTON SANDHURST~38~00022 SANDHURST JOHANNESBURG - SANDTON SANDHURST~38~00023 INANDA JOHANNESBURG - SANDTON 8 180,546,895 LEONARDO DA VINCI HOTEL & SUITES PTY SANDTON SQUARE PORTION 7 SANDOWN~575~00010 SANDOWN JOHANNESBURG - LTD PTY LTD SANDTON 9 179,181,170 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST CAPE TOWN~173662~00000 ZONNEBLOEM CAPE TOWN - CENTRAL 10 176,241,058 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST CAPE TOWN~173662~00000 ZONNEBLOEM CAPE TOWN - CENTRAL
1. This property is part of a transaction of national purchases of properties owned by United National Breweries to an Indian brewing company. So far 20 properties have transferred, covering areas like Standerton, Durban, Vryheid and Mafekeng. 2. Purchase of Sectional Units in Boulevard Office Park in Woodstock, Cape Town 3. Nearly 500 acres of land around Dube Trade Port, King Shaka Airport 4. Office blocks around Wembley Square in Vredhoek, Cape Town 5. Office blocks around Wembley Square in Vredhoek, Cape Town 6. Shopping centre in Tzaneen 7. Office blocks at top end of Katherine Street in Sandton 8. Sectional Title Units in Leonardo da Vinci Hotel 9. Sectional Units in Boulevard Office Park in Woodstock, Cape town
3 The top 10 bonds were:
Rank Bond Amount Buyer Bank Erf Key Suburb Node
1 600,000,000 CHAMBER LANE PROP 3 PTY LTD NEDBANK LINBRO PARK AH~64~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~65~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~66~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~66~00001 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~69~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~70~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~71~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~74~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~75~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~76~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE 600,000,000 MORE PROPERTIES ON TITLE DEED 2 400,000,000 REMAINING EXTENT OF ERF 241 SANDOWN SHARE BLOCK INVESTEC SANDHURST~241~00000 SANDHURST JOHANNESBURG - SANDTON PT 3 330,000,000 MARTPROP PROP TRUST SCHEME ABSA ROOIHUISKRAAL~2857~00000 GATEWAY INDUSTRIAL PARK PRETORIA - CENTURION 4 200,000,000 FRIEDSHELF 1408 PTY LTD INVESTEC WATERKLOOF HILL~856~00052 WATERKLOOF HILL~856~00053 5 160,000,000 WILCOPROP 202 PTY LTD INVESTEC HOMES HAVEN~813~00000 6 160,000,000 CENTRAL PROP DEVELOPMENT JOHANNESBURG PTY LTD INVESTEC JR~303~00065 CHANTELLE PRETORIA - NORTH 7 150,000,000 REMAINING EXTENT OF ERF 241 SANDOWN SHARE BLOCK INVESTEC SANDHURST~241~00000 SANDHURST JOHANNESBURG - SANDTON Y LTD 8 104,700,000 BUSINESS PARTNERS LTD NEDBANK CAPE TOWN~108875~00000 SAND INDUSTRIA CAPE TOWN - CAPE FLATS CAPE TOWN~149277~00000 RETREAT CAPE TOWN - SOUTHERN SUBURBS CAPE TOWN~84800~00000 CAFDA VILLAGE CAPE TOWN - SOUTHERN SUBURBS STRAND~34395~00000 GULDENLAND CAPE TOWN - SOMERSET WEST STRAND~34396~00000 GULDENLAND CAPE TOWN - SOMERSET WEST STRAND~34401~00000 GULDENLAND CAPE TOWN - SOMERSET WEST STRAND~34402~00000 GULDENLAND CAPE TOWN - SOMERSET WEST SWARTKOPS~698~00000 SWARTKOPS 104,700,000 KLEINSAKE ONTWIKKELINGSKORPORASIE LTD NEDBANK CAPE TOWN~150026~00000 RETREAT CAPE TOWN - SOUTHERN SUBURBS 9 100,000,000 INTAPROP PTY LTD NEDBANK STELLENBOSCH RD~1327~00005 RONDEVALLEI CAPE TOWN - EAST STELLENBOSCH RD~439~00008 RONDEVALLEI CAPE TOWN - EAST STELLENBOSCH RD~439~00010 RONDEVALLEI CAPE TOWN - EAST STELLENBOSCH RD~441~00007 RONDEVALLEI CAPE TOWN - EAST 100,000,000 OPEN DOOR INV 27 PTY LTD NEDBANK STELLENBOSCH RD~439~00008 RONDEVALLEI CAPE TOWN - EAST 10 85,000,000 BALWIN PROP PTY LTD FIRSTRAND FOURWAYS~2616~00000 JOHANNESBURG - FOURWAYS 85,000,000 S C M PROP TRUST FIRSTRAND FOURWAYS~2616~00000 JOHANNESBURG - FOURWAYS
These properties are: 1. Bond over development land adjacent to Longmeadow Business Park 2. Office complex in Alice Road, Sandton 3. Warehouse in Gateway Industrial Park in Centurion 4. Properties bonded in Waterkloof Hill estate development outside Rustenburg 5. Residential land near Silverstar Casino in Mogale City 6. Partially developed land in Chantelle, Tshwane 7. As for item 2 8. Various properties around Cape Town 9. Vacant land in Kuils River 10. Vacant land in Broadacres
4 2 Geographic Spread
The geographic spread (R Million) is:
Municipality Principal Town 2013 2014 YTD January 2014 CITY OF CAPE TOWN CAPE TOWN 13,543 13.4% 1,880 25% 1,880 25% CITY OF JOHANNESBURG JOHANNESBURG 20,686 20.5% 1,201 16% 1,201 16% ETHEKWINI DURBAN 9,186 9.1% 940 13% 940 13% CITY OF TSHWANE PRETORIA 12,714 12.6% 418 6% 418 6% CITY OF MATLOSANA KLERKSDORP 209 0.2% 331 4% 331 4% GREATER TZANEEN TZANEEN 249 0.2% 257 3% 257 3% EKURHULENI GERMISTON 7,929 7.9% 206 3% 206 3% NOT ALLOCATED 3,143 3.1% 177 2% 177 2% RUSTENBURG RUSTENBURG 1,555 1.5% 106 1% 106 1% UMLALAZI ESHOWE 29 0.0% 96 1% 96 1% BUFFALO CITY EAST LONDON 562 0.6% 91 1% 91 1% MBOMBELA NELSPRUIT 1,786 1.8% 76 1% 76 1% KWADUKUZA STANGER 615 0.6% 73 1% 73 1% MIDVAAL MEYERTON 138 0.1% 73 1% 73 1% GA-SEGONYANA KURUMAN 31 0.0% 65 1% 65 1% THEEWATERSKLOOF CALEDON 141 0.1% 63 1% 63 1% HIBISCUS COAST PORT SHEPSTONE 228 0.2% 62 1% 62 1% ABAQULUSI VRYHEID 162 0.2% 55 1% 55 1% SOL PLAATJIE KIMBERLEY 364 0.4% 52 1% 52 1% BELA-BELA BELA BELA 60 0.1% 48 1% 48 1% POLOKWANE POLOKWANE 1,842 1.8% 45 1% 45 1% EDUMBE PAULPIETERSBURG 18 0.0% 43 1% 43 1% GOVAN MBEKI SECUNDA 172 0.2% 39 1% 39 1% EMALAHLENI WITBANK 267 0.3% 38 1% 38 1% STELLENBOSCH STELLENBOSCH 774 0.8% 38 1% 38 1% OTHER 24,462 24.3% 926 13% 926 13% 100,865 7,399 7,399
The main points of interest are:
1. Cape Town has the highest activity mainly due to the transfers from associated companies into the Leaf Property Fund 2. Nelson Mandela Bay (Port Elizabeth) and Ekurhuleni Municipality have recorded very low activity
5 2.1 Nodes within Municipalities
A breakdown of the nodes within the major cities highlights the areas of strong activity:
2.1.1 City of Cape Town
Cape Town Nodes
Price Range 2013 2014 YTD January 2014 A: R5mill-R10mill 1,927 14% 167 9% 167 9% B: R10mill-R50mill 4,876 36% 366 19% 366 19% C: R50mill-R100mill 1,970 15% 55 3% 55 3% D: Above R100mill 4,770 35% 1,292 69% 1,292 69% Total 13,543 1,880 1,880
Node 2013 2014 YTD January 2014 CAPE TOWN - CENTRAL 3,195 24% 1,401 74% 1,401 74% CAPE TOWN - VOORTREKKER ROAD 1,441 11% 132 7% 132 7% CAPE TOWN - TABLE VIEW 2,357 17% 81 4% 81 4% CAPE TOWN - SOUTHERN SUBURBS 2,194 16% 79 4% 79 4% CAPE TOWN - ATLANTIC SEABOARD 1,560 12% 68 4% 68 4% CAPE TOWN - SOMERSET WEST 799 6% 39 2% 39 2% NOT ALLOCATED 590 4% 29 2% 29 2% CAPE TOWN - EAST 553 4% 27 1% 27 1% CAPE TOWN - NORTHERN SUBURBS 516 4% 25 1% 25 1% CAPE TOWN - CAPE FLATS 338 2% 0 0% 0 0% 13,543 1,881 1,881
6 The top 10 transactions which occurred in January 2014 are:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 371,649,190 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST CAPE TOWN~173662~00000 ZONNEBLOEM CAPE TOWN - CENTRAL 2 342,000,000 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST VREDEHOEK~134~00000 CAPE TOWN - CENTRAL 3 223,100,000 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST VREDEHOEK~227~00000 GARDENS CAPE TOWN - CENTRAL VREDEHOEK~2702~00000 GARDENS CAPE TOWN - CENTRAL 4 179,181,170 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST CAPE TOWN~173662~00000 ZONNEBLOEM CAPE TOWN - CENTRAL 5 176,241,058 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST CAPE TOWN~173662~00000 ZONNEBLOEM CAPE TOWN - CENTRAL 6 55,000,000 DORPSTRAAT RETAIL PROP PTY LTD GATEWAY SHOPPING CENTRE PTY LTD MILNERTON~33349~00000 TABLE VIEW CAPE TOWN - TABLE VIEW 7 43,108,815 GROWTHPOINT PROP LTD SANS FIBRES PTY LTD BELLVILLE~40248~00000 BELLVILLE SOUTH INDUSTRIAL CAPE TOWN - VOORTREKKER ROAD 8 30,700,000 MILESTONE PROP GROUP PTY LTD EXHIBITION BUILDING INV PTY LTD ROGGEBAAI~117~00000 CAPE TOWN CENTRE CAPE TOWN - CENTRAL 9 27,671,820 STEINHOFF PROP PTY LTD SWISH PROP TEN PTY LTD CAPE TOWN~12068~00000 WOODSTOCK CAPE TOWN - CENTRAL CAPE TOWN~12069~00000 WOODSTOCK CAPE TOWN - CENTRAL CAPE TOWN~12070~00000 WOODSTOCK CAPE TOWN - CENTRAL CAPE TOWN~12071~00000 WOODSTOCK CAPE TOWN - CENTRAL 10 25,000,000 SEZIVAX PTY LTD ARCTOSPARK PTY LTD CAPE RD~311~00133 CAPE GATE CAPE TOWN - NORTHERN SUBURBS
1. Purchase of Sectional Units in Boulevard Business Park in Woodstock 2. Various office buildings around Wembley Square in lower Vredehoek 3. As per 2 above 4. As per 1 above 5. As per 1 above 6. Flamingo Square Shopping Centre 7. Industrial land in Bellville South 8. Fountain Place office block in Heerengracht Avenue, Cape Town CBD 9. Industrial buildings in Ravenscraig Road, Woodstock 10. Vacant land on intersection of N1 and Okavongo Road, Brackenfell
The top 10 mortgages registered in January 2014 are:
Rank Bond Amount Buyer Bank Erf Key Suburb Node
1 104,700,000 BUSINESS PARTNERS LTD NEDBANK CAPE TOWN~108875~00000 SAND INDUSTRIA CAPE TOWN - CAPE FLATS CAPE TOWN~149277~00000 RETREAT CAPE TOWN - SOUTHERN SUBURBS CAPE TOWN~84800~00000 CAFDA VILLAGE CAPE TOWN - SOUTHERN SUBURBS STRAND~34395~00000 GULDENLAND CAPE TOWN - SOMERSET WEST STRAND~34396~00000 GULDENLAND CAPE TOWN - SOMERSET WEST STRAND~34401~00000 GULDENLAND CAPE TOWN - SOMERSET WEST STRAND~34402~00000 GULDENLAND CAPE TOWN - SOMERSET WEST 104,700,000 KLEINSAKE ONTWIKKELINGSKORPORASIE LTD NEDBANK CAPE TOWN~150026~00000 RETREAT CAPE TOWN - SOUTHERN SUBURBS 2 100,000,000 INTAPROP PTY LTD NEDBANK STELLENBOSCH RD~1327~00005 RONDEVALLEI CAPE TOWN - EAST STELLENBOSCH RD~439~00008 RONDEVALLEI CAPE TOWN - EAST STELLENBOSCH RD~439~00010 RONDEVALLEI CAPE TOWN - EAST STELLENBOSCH RD~441~00007 RONDEVALLEI CAPE TOWN - EAST 100,000,000 OPEN DOOR INV 27 PTY LTD NEDBANK STELLENBOSCH RD~439~00008 RONDEVALLEI CAPE TOWN - EAST 3 85,000,000 BALWIN PROP PTY LTD INVESTEC STELLENBOSCH RD~794~00128 CAPE TOWN - SOMERSET WEST 4 33,000,000 MILESTONE PROP GROUP PTY LTD NEDBANK ROGGEBAAI~117~00000 CAPE TOWN CENTRE CAPE TOWN - CENTRAL 5 33,000,000 UNLIMITED BUILDING SUPPLIES PROP PTY LTD ABSA CAPE TOWN~24012~00000 MAITLAND CAPE TOWN - VOORTREKKER ROAD 6 30,000,000 INGENUITY PROP INV LTD NEDBANK CONSTANTIA~11518~00000 DREYERSDAL CAPE TOWN - SOUTHERN SUBURBS CONSTANTIA~12770~00000 DREYERSDAL CAPE TOWN - SOUTHERN SUBURBS 30,000,000 POLYOAK PROP PTY LTD NEDBANK CONSTANTIA~11518~00000 DREYERSDAL CAPE TOWN - SOUTHERN SUBURBS CONSTANTIA~12770~00000 DREYERSDAL CAPE TOWN - SOUTHERN SUBURBS 7 30,000,000 CHANGING TIDES 74 PTY LTD INVESTEC BANTRY BAY~601~00000 BANTRY BAY CAPE TOWN - ATLANTIC SEABOARD BANTRY BAY~602~00000 BANTRY BAY CAPE TOWN - ATLANTIC SEABOARD BANTRY BAY~603~00000 BANTRY BAY CAPE TOWN - ATLANTIC SEABOARD 8 30,000,000 AGRI BALANCE PTY LTD INVESTEC SOMERSET WEST~10698~00000 ERINVALE ESTATE CAPE TOWN - SOMERSET WEST 9 25,000,000 GROMAT PTY LTD INVESTEC CAPE TOWN~64430~00000 KENILWORTH CAPE TOWN - SOUTHERN SUBURBS 10 20,650,000 PANORAMA INV TRUST NEDBANK CAPE TOWN~90800~00000 CAPE TOWN - SOUTHERN SUBURBS 20,650,000 TAMRIC TRUST NEDBANK CAPE TOWN~90800~00000 CAPE TOWN - SOUTHERN SUBURBS
7 1. Various properties owned by Business Partners 2. Vacant land in Kuilds River 3. Residential complex near Somerset Mall 4. Fountain Place office block in Heerengracht Avenue, Cape Town CBD 5. Industrial building in Voortrekker Road, Maitland 6. Tokai on Main Shopping Centre in Tokai 7. Vacant residential land in Bantry Bay 8. Erinvale Hotel in Erinvale Estate, Somerset West 9. Residential flats in Kenilworth 10. Waterbury residential flats in Wynberg
8 2.1.2 City of Johannesburg
Johannesburg Nodes
Price Range 2013 2014 YTD January 2014 A: R5mill-R10mill 2,263 11% 137 11% 137 11% B: R10mill-R50mill 6,371 31% 213 18% 213 18% C: R50mill-R100mill 3,745 18% 334 28% 334 28% D: Above R100mill 8,308 40% 516 43% 516 43% 20,687 1,200 1,200
Node 2013 2014 YTD January 2014 JOHANNESBURG - SANDTON 2,971 14% 460 38% 460 38% JOHANNESBURG - MIDRAND/KYALAMI 2,028 10% 204 17% 204 17% JOHANNESBURG - BRYANSTON 848 4% 111 9% 111 9% JOHANNESBURG - RANDBURG 2,348 11% 95 8% 95 8% JOHANNESBURG - SUNNINGHILL/RIVONIA 922 4% 95 8% 95 8% JOHANNESBURG - DENVER/KENSINGTON/BRUMA 220 1% 67 6% 67 6% JOHANNESBURG - MELROSE 806 4% 48 4% 48 4% JOHANNESBURG -SOUTH 1,760 9% 39 3% 39 3% JOHANNESBURG - CBD/BRAAMFONTEIN 1,821 9% 33 3% 33 3% JOHANNESBURG - FOURWAYS 887 4% 17 1% 17 1% JOHANNESBURG - ROODEPOORT 690 3% 10 1% 10 1% JOHANNESBURG - HYDEPARK/ROSEBANK 1,174 6% 9 1% 9 1% JOHANNESBURG - HENDRICK POTGIETER 618 3% 7 1% 7 1% JOHANNESBURG - MALIBONGWE 546 3% 6 0% 6 0% JOHANNESBURG - CRESTA/FAIRLAND 286 1% 0 0% 0 0% JOHANNESBURG - HOUGHTON ESTATE 504 2% 0 0% 0 0% JOHANNESBURG - KLIPRIVIERSBERG 15 0% 0 0% 0 0% JOHANNESBURG - LINBRO PARK/GREENSTONE 686 3% 0 0% 0 0% JOHANNESBURG - ORANGE FARM 121 1% 0 0% 0 0% JOHANNESBURG - PARKTOWN 434 2% 0 0% 0 0% JOHANNESBURG - SOWETO 552 3% 0 0% 0 0% NOT ALLOCATED 452 2% 0 0% 0 0% 20,689 1,201 1,201
9 The top 10 transaction in January 2014 are:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 205,000,000 GROWTHPOINT PROP LTD MOMENTUM PROP INV PTY LTD SANDHURST~38~00017 JOHANNESBURG - SANDTON SANDHURST~38~00021 SANDHURST JOHANNESBURG - SANDTON SANDHURST~38~00022 SANDHURST JOHANNESBURG - SANDTON SANDHURST~38~00023 INANDA JOHANNESBURG - SANDTON 2 180,546,895 LEONARDO DA VINCI HOTEL & SUITES SANDTON SQUARE PORTION 7 PTY LTD SANDOWN~575~00010 SANDOWN JOHANNESBURG - SANDTON PTY LTD 3 130,000,000 ACCELERATE PROP FUND LTD ZEPHAN PROP PTY LTD KYALAMI PARK~172~00001 KYALAMI BUSINESS PARK JOHANNESBURG - MIDRAND/KYALAMI KYALAMI PARK~8~00000 KYALAMI BUSINESS PARK JOHANNESBURG - MIDRAND/KYALAMI 4 95,000,000 ARROWHEAD PROP LTD RAZORBILL PROP 249 CC FERNDALE~1067~00000 FERNDALE JOHANNESBURG - RANDBURG FERNDALE~1068~00000 FERNDALE JOHANNESBURG - RANDBURG FERNDALE~1069~00000 FERNDALE JOHANNESBURG - RANDBURG FERNDALE~2021~00000 FERNDALE JOHANNESBURG - RANDBURG 5 76,500,000 LEAF PROP FUND PTY LTD LEAF PROP FUND TRUST BRYANSTON~39~00000 BRYANSTON JOHANNESBURG - BRYANSTON 6 67,000,000 S A CORPORATE REAL ESTATE TRUST LODAMAR ONE INV PTY LTD IR~92~00692 JOHANNESBURG OPEN SPACE JOHANNESBURG - DENVER/KENSINGTON/BRUMA 7 62,107,110 MMI GROUP LTD RIVONIA~342~00000 RIVONIA JOHANNESBURG - SUNNINGHILL/RIVONIA 8 50,794,000 WINDFALL 86 PROPS PTY LTD MICROZONE TRADING 290 PTY LTD MELROSE~116~00000 MELROSE JOHANNESBURG - MELROSE MELROSE~120~00000 MELROSE JOHANNESBURG - MELROSE 9 41,206,000 WINDFALL 86 PROPS PTY LTD TERRALEASE PTY LTD MELROSE~119~00000 MELROSE JOHANNESBURG - MELROSE 10 32,500,000 JOZI HOUSING PTY LTD FONTANA HOLDINGS PTY LTD JOHANNESBURG~4650~00000 JOUBERT PARK JOHANNESBURG - CBD/BRAAMFONTEIN
1. Office blocks at top end of Katherine Street in Sandton 2. Sectional uinits in Leonardo da Vinci Hotel in Sandton 3. Transfer of properties into Accelerate Property Fund 4. Adjoining properties in Ferndale - Urban Brew Studio 5. Part of Silver Point Office park in Main Road Bryanston 6. Nampak Cartons and Labels Factorty in Denver 7. Metropolitan Office Park in Wessels Road Rivonia 8. Adjoining properties at Bompas, Corlett and Oxford intersection in Melrose 9. As above 10. Fontana building in Joubert Park
The top 10 bonds registered in January 2014 are:
Rank Bond Amount Buyer Bank Erf Key Suburb Node
1 600,000,000 CHAMBER LANE PROP 3 PTY LTD NEDBANK LINBRO PARK AH~64~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~65~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~66~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~66~00001 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~69~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~70~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~71~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~74~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~75~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE LINBRO PARK AH~76~00000 LINBRO PARK AH JOHANNESBURG - LINBRO PARK/GREENSTONE MORE PROPERTIES ON TITLE DEED 2 400,000,000 REMAINING EXTENT OF ERF 241 INVESTEC SANDHURST~241~00000 SANDHURST JOHANNESBURG - SANDTON SANDOWN SHARE BLOCK PT 3 150,000,000 REMAINING EXTENT OF ERF 241 INVESTEC SANDHURST~241~00000 SANDHURST JOHANNESBURG - SANDTON SANDOWN SHARE BLOCK Y LTD 4 85,000,000 BALWIN PROP PTY LTD FIRSTRAND FOURWAYS~2616~00000 JOHANNESBURG - FOURWAYS S C M PROP TRUST FIRSTRAND FOURWAYS~2616~00000 JOHANNESBURG - FOURWAYS 5 83,050,000 LEONARDO DA VINCI HOTEL & SUITES PTY NEDBANK SANDOWN~575~00010 SANDOWN JOHANNESBURG - SANDTON LTD 6 65,000,000 HOWEC METALS (1964) PTY LTD STANDARD BRYANSTON~1040~00000 BRYANSTON JOHANNESBURG - BRYANSTON 7 60,000,000 AQUARELLA INV 265 PTY LTD STANDARD JABULANI~2332~00003 JABULANI JOHANNESBURG - SOWETO 8 55,462,500 JOZI HOUSING PTY LTD TUHF JOHANNESBURG~4650~00000 JOUBERT PARK JOHANNESBURG - CBD/BRAAMFONTEIN 9 50,000,000 MARTPROP PROP TRUST SCHEME ABSA ILLOVO~44~00000 ILLOVO JOHANNESBURG - MELROSE 10 42,000,000 MYSTIC BLUE TRADING 399 PTY LTD STANDARD BRYANSTON~93~00001 BRYANSTON JOHANNESBURG - BRYANSTON
10 1. Properties (small holdings) adjoining Longmeadow Business Estate 2. Office complex in Alice Lane (ABSA Capital) 3. As above 4. Residential development land in Fourways/Broadacres area, on Cedar Road 5. Leonardo da Vinci Hotel in Sandton 6. Property adjacent to Hobart Shopping Centre in Bryanston 7. Recently constructed residential buildings in Jabulani 8. Fontana building in Joubert Park 9. Office building on corner of Chaplin and Fricker Roads, Illovo 10. Property in Anslow Road Bryanston
11 2.1.3 City of Tshwane
Tshwane Nodes
Price Range 2013 2014 YTD January 2014 A: R5mill-R10mill 981 9% 75 18% 75 18% B: R10mill-R50mill 2,580 23% 172 41% 172 41% D: Above R100mill 7,721 68% 171 41% 171 41% 11,282 418 418
Node 2013 2014 YTD January 2014 PRETORIA - NORTH 1,387 11% 227 54% 227 54% PRETORIA - CENTURION 3,070 24% 107 26% 107 26% PRETORIA - EAST 1,828 14% 44 11% 44 11% PRETORIA - BROOKLYN 2,005 16% 25 6% 25 6% PRETORIA - CBD 4,011 32% 14 3% 14 3% NOT ALLOCATED 413 3% 0 0% 0 0% 12,714 417 417
12 The top 10 transactions in January 2014:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 171,000,000 GAUTENG PROVINCIAL GOVERNMENT UNIVERSAL PULSE TRADING 367 PTY LTD JR~317~00021 PRETORIA - NORTH JR~317~00039 PRETORIA - NORTH JR~317~00227 PRETORIA - NORTH 2 24,200,000 BERIDA PROP CC MAGALIESBERG COUNTRY ESTATE NO 1 PTY AMANDASIG~2780~00003 PRETORIA - NORTH LTD 3 23,427,000 BONIGUARD PTY LTD SOUTH AFRICAN NATIONAL ROADS AGENCY JR~391~00047 DORINGKLOOF PRETORIA - CENTURION LTD 4 22,500,000 DORPSTRAAT RETAIL PROP PTY LTD ERF 903 GARSFONTEIN PTY LTD GARSFONTEIN~4151~00000 GARSFONTEIN PRETORIA - EAST 5 18,810,000 WAD COMMERCIAL PROPERTIES PTY LTD ROBOW INV NO 140 PTY LTD HIGHVELD~2405~00006 HIGHVELD PRETORIA - CENTURION 6 14,250,000 CENTRAL PROP DEVELOPMENT RONSON TRADING PTY LTD JR~303~00065 CHANTELLE PRETORIA - NORTH JOHANNESBURG PTY LTD 7 14,000,000 FEENSTRA GROUP PTY LTD MENLYN CORPORATE PARK PTY LTD SUNNYSIDE PTA~1434~00000 SUNNYSIDE PRETORIA - CBD 8 13,300,000 EMALINI ENTERPRISES 38 CC PROJO INV NO 1 PTY LTD BRONBERRIK~114~00000 BRONBERRIK PRETORIA - CENTURION 9 11,313,500 UMALUSI HILLENSBERG TRUST PERSEQUOR~2~00001 PERSEQUOR PRETORIA - EAST 10 10,000,000 WALFRAJEN PROPERTIES PTY LTD DIE HOEWES~633~00000 PRETORIA - CENTURION DIE HOEWES~634~00000 PRETORIA - CENTURION DIE HOEWES~635~00000 PRETORIA - CENTURION DIE HOEWES~636~00000 PRETORIA - CENTURION DIE HOEWES~637~00000 PRETORIA - CENTURION DIE HOEWES~638~00000 PRETORIA - CENTURION DIE HOEWES~639~00000 PRETORIA - CENTURION DIE HOEWES~640~00000 PRETORIA - CENTURION DIE HOEWES~641~00000 PRETORIA - CENTURION DIE HOEWES~642~00000 PRETORIA - CENTURION MORE PROPERTIES ON TITLE DEED
1. Large vacant land near Kirkney, most likely for afforable housing 2. Residential development property in Amandasig 3. Vacant commercial property with freeway frontage in Centurion 4. Eastdale Commercial/Retail property in Garsfontein - cnr Hans Strijdom and Jacqueline Drive 5. Office park in Charles de Gaulle Crescent, Highveld 6. Residential development land in Chantelle 7. Commercial building in Sunnyside leased by Dros Restaurant 8. Small retail complex called Galway Centre in Centurion 9. Office complex in Persequor 10. Residential development in Die Hoewes, Centurion
The top 10 bonds registered in January 2014 were:
Rank Bond Amount Buyer Bank Erf Key Suburb Node
1 330,000,000 MARTPROP PROP TRUST SCHEME ABSA ROOIHUISKRAAL~2857~00000 GATEWAY INDUSTRIAL PARK PRETORIA - CENTURION 2 160,000,000 CENTRAL PROP DEVELOPMENT JOHANNESBURG PTY INVESTEC JR~303~00065 CHANTELLE PRETORIA - NORTH LTD 3 80,000,000 CENTURY PROP DEVELOPMENTS PTY LTD INVESTEC THE HILLS~340~00000 THE HILLS PRETORIA - EAST THE HILLS~464~00000 THE HILLS PRETORIA - EAST THE HILLS~737~00000 THE HILLS PRETORIA - EAST THE HILLS~746~00000 THE HILLS PRETORIA - EAST THE HILLS~858~00000 THE HILLS PRETORIA - EAST THE HILLS~879~00000 THE HILLS PRETORIA - EAST 4 22,500,000 DORPSTRAAT RETAIL PROP PTY LTD ABSA GARSFONTEIN~4151~00000 GARSFONTEIN PRETORIA - EAST 5 19,600,000 SUZ INTERNATIONAL PROP CC ABSA JR~317~00253 ANDEON AH PRETORIA - NORTH 6 15,000,000 ABACUS DIVISIONS CC NEDBANK IRENE~3321~00000 ROUTE 21 CORPORATE PARK PRETORIA - CENTURION 7 13,100,000 BUSINESS PARTNERS PROP 002 PTY LTD NEDBANK ERASMUSKLOOF~688~00003 ERASMUSKLOOF PRETORIA - EAST 8 13,000,000 WAD COMMERCIAL PROPERTIES PTY LTD INVESTEC HIGHVELD~2405~00006 HIGHVELD PRETORIA - CENTURION 9 12,000,000 PAREDO INV CC ABSA MENLO PARK~440~00000 MENLO PARK PRETORIA - BROOKLYN 10 11,147,200 BIEHLER & VENTER BELEGGINGS PTY LTD FIRSTRAND PHILIP NEL PARK~3~00000 PHILIP NEL PARK PRETORIA - CENTURION CITY OF TSHWANE METROPOLITAN MUNICIPALITY FIRSTRAND PHILIP NEL PARK~2~00000 PHILIP NEL PARK PRETORIA - CBD STADSRAAD VAN PRETORIA FIRSTRAND PHILIP NEL PARK~2~00000 PHILIP NEL PARK PRETORIA - CBD
13 1. Industrial property fronting on N1 in Gateway Industrial Park, Centurion 2. Residential development in Chantelle, Pretoria 3. Residential developments in The Hills Estate 4. Eastdale Commercial/Retail property in Garsfontein - cnr Hans Strijdom and Jacqueline Drive 5. Vacant walled industrial land in Kirkney, Pretoria 6. Vacant land in Route 21 Corporate Park in Irene 7. Office block in Castle Walk Corporate Park 8. Office park in Charles de Gaulle Crescent, Highveld 9. Property on corner of Thomas Edison and Charles Avenue, Menlo Park 10. Residential properties called Mias Place and Heidi's Place in Philip Nel Park
14 2.1.4 Ekurhuleni Municipality
Ekurhuleni Nodes
Price Range 2013 2014 YTD January 2014 A: R5mill-R10mill 890 26% 60 29% 60 29% B: R10mill-R50mill 2,581 74% 147 71% 147 71% 3,471 207 207
Node 2013 2014 YTD January 2014 EKURHULENI - BOKSBURG 2,617 33% 76 37% 76 37% NOT ALLOCATED 398 5% 62 30% 62 30% EKURHULENI - SPRINGS/BRAKPAN 567 7% 19 9% 19 9% EKURHULENI - GERMISTON 1,034 13% 16 8% 16 8% EKURHULENI - KEMPTON PARK 899 11% 16 8% 16 8% JOHANNESBURG - ALBERTON 1,388 18% 12 6% 12 6% EKURHULENI - BEDFORDVIEW 489 6% 7 3% 7 3% EKURHULENI - BENONI 393 5% 0 0% 0 0% EKURHULENI - EDENVALE 143 2% 0 0% 0 0% 7,928 208 208
15 The top 10 transactions in January 2014 were:
Rank Purchase Price Buyer Seller Erf Key Suburb Node Title Deed No
1 31,920,000 WINDMILL PARK ESTATES PTY LTD FIRSTRAND BANK LTD WINDMILL PARK~5351~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 WINDMILL PARK~5352~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 WINDMILL PARK~5353~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 WINDMILL PARK~5354~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 WINDMILL PARK~5355~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 WINDMILL PARK~5356~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 WINDMILL PARK~5357~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 WINDMILL PARK~5358~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 WINDMILL PARK~5359~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 WINDMILL PARK~5360~00000 WINDMILL PARK EKURHULENI - BOKSBURG T48704/2013 MORE PROPERTIES ON TITLE DEED 2 31,600,000 CAMBRIDGE PROP HOLDINGS PTY 104 RUDO NELL STREET CC HUGHES~101~00000 HUGHES EKURHULENI - BOKSBURG T44842/2013 LTD HUGHES~104~00000 HUGHES EKURHULENI - BOKSBURG T44842/2013 3 30,210,000 FIRSTRAND BANK LTD SOLAR SPECTRUM TRADING 247 PTY LTD IR~31~00540 T102081/2013 4 25,000,000 NEWSHELF 1260 PTY LTD MURRAY & ROBERTS LTD POMONA ESTATES~111~00000 T107570/2013 5 11,500,000 SESFIGILE GLOBAL PTY LTD FORMOSA KAN'S CONSTRUCTION CORP IR~31~00079 POMONA ESTATES AH T100306/2013 S A CC 6 11,000,000 WANDERERS ENGINEERING CC DELMAS ENGINEERING PROP PTY LTD NEW ERA~61~00000 NEW ERA EKURHULENI - SPRINGS/BRAKPAN T43760/2013 7 10,500,000 FOUR ARROWS INV 130 PTY LTD TRUZEN 83 TRUST SPARTAN~476~00007 SPARTAN EXT 1 EKURHULENI - KEMPTON PARK T103879/2013 8 10,200,000 HARNICK INV PTY LTD SIVAPRIYA CONSULTING SERVICES CC POMONA ESTATES~281~00011 T108617/2013 9 8,500,000 COLMAN PROP PTY LTD ERF 172 WADEVILLE CC WADEVILLE~534~00016 WADEVILLE EKURHULENI - GERMISTON T47639/2013 10 7,068,000 PTYPROPS 171 PTY LTD CHEVRON SOUTH AFRICAN PTY LTD ROODEKOP~1684~00000 ROODEKOP EKURHULENI - GERMISTON T48390/2013
1. Residential development in Windmill Park 2. Warehousing in Hughes 3. Unknown 4. Industrial land sale in Pomona 5. Consolidated property in residential estate development in Pomona 6. Industrial property in Watt Road, New Era 7. Engen service station in Zuurfontein Road, Spartan 8. Land used for industrial purposes in Pomona 9. Industrial property in Makriel Road, Wadeville 10. Industrial property in Bevan Road, Roodekop
The top 10 bonds registered in January 2014 were:
Rank Bond Amount Buyer Bank Erf Key Suburb Node
1 50,000,000 ABSA BANK LTD ABSA SPARTAN~602~00231 SPARTAN EKURHULENI - KEMPTON PARK MARTPROP PROP TRUST SCHEME ABSA SPARTAN~602~00231 SPARTAN EKURHULENI - KEMPTON PARK 2 38,150,000 NATIONAL STAINLESS STEEL PROP PTY LTD FIRSTRAND BREDELL~149~00000 EKURHULENI - BENONI 3 30,000,000 AMNEM INV PTY LTD NEDBANK IR~83~00185 ANDERBOLT IR~83~00411 ANDERBOLT 4 25,000,000 SCHARRIGHUISEN INV PTY LTD INVESTEC SOUTH GERMISTON~713~00000 INDUSTRIES EAST EKURHULENI - BEDFORDVIEW SOUTH GERMISTON~714~00000 INDUSTRIES EAST EKURHULENI - BEDFORDVIEW 5 19,216,600 WINDMILL PARK ESTATES PTY LTD FIRSTRAND WINDMILL PARK~5351~00000 WINDMILL PARK EKURHULENI - BOKSBURG WINDMILL PARK~5352~00000 WINDMILL PARK EKURHULENI - BOKSBURG WINDMILL PARK~5353~00000 WINDMILL PARK EKURHULENI - BOKSBURG WINDMILL PARK~5354~00000 WINDMILL PARK EKURHULENI - BOKSBURG WINDMILL PARK~5355~00000 WINDMILL PARK EKURHULENI - BOKSBURG WINDMILL PARK~5356~00000 WINDMILL PARK EKURHULENI - BOKSBURG WINDMILL PARK~5357~00000 WINDMILL PARK EKURHULENI - BOKSBURG WINDMILL PARK~5358~00000 WINDMILL PARK EKURHULENI - BOKSBURG WINDMILL PARK~5359~00000 WINDMILL PARK EKURHULENI - BOKSBURG WINDMILL PARK~5360~00000 WINDMILL PARK EKURHULENI - BOKSBURG MORE PROPERTIES ON BOND 6 11,000,000 RAINBOW PLACE PROP 84 PTY LTD NEDBANK BASSONIA ROCK~2~00000 BASSONIA ROCK JOHANNESBURG - ALBERTON MORE PROPERTIES ON BOND 7 10,500,000 CROSSPATCH DANCE INV PTY LTD OTHER BANK KEMPTON PARK~2881~00000 KEMPTON PARK CENTRAL EKURHULENI - KEMPTON PARK 8 7,750,000 ROWAN TREE 1164 CC OTHER BANK BEDFORDVIEW~260~00001 BEDFORDVIEW EKURHULENI - BEDFORDVIEW 9 6,750,000 RADEMAN EDWARD WARDEN OTHER BANK ATLASVILLE~920~00000 ATLASVILLE EKURHULENI - BENONI RADEMAN FELICIA ANN OTHER BANK ATLASVILLE~920~00000 ATLASVILLE EKURHULENI - BENONI 10 6,640,000 PTYPROPS 171 PTY LTD NEDBANK ROODEKOP~1684~00000 ROODEKOP EKURHULENI - GERMISTON
16 1. Industrial property in Loper Street, Spartan 2. Industrial development on Pomona Road, Pomona 3. Industrial property in Anderbolt 4. Industrial property in Hertzog Street, South Germiston 5. Residential development in Windmill Park 6. Residential sectional units called Tiffini Gardens in Bassonia 7. De Lucia Collonade Office block in Monument Road, Kempton Park 8. Residential property in Douglas Road, Bedfordview 9. Bond over private property 10. Industrial property in Bevan Road, Roodekop
17 2.1.5 Ethekwini Municipality
Ethekwini Nodes
Price Range 2013 2014 YTD January 2014 A: R5mill-R10mill 1,052 11% 99 11% 99 11% B: R10mill-R50mill 2,726 30% 124 13% 124 13% C: R50mill-R100mill 1,809 20% 1 0% 1 0% D: Above R100mill 3,599 39% 716 76% 716 76% 9,186 940 940
Node 2013 2014 YTD January 2014 DURBAN - NORTH 3,529 38% 525 56% 525 56% DURBAN - SOUTH 927 10% 194 21% 194 21% DURBAN - CENTRAL 2,908 32% 135 14% 135 14% DURBAN - EAST 1,751 19% 77 8% 77 8% NOT ALLOCATED 70 1% 10 1% 10 1% 9,185 941 941
18 The top 10 transfers in January 2014 were:
Rank Purchase Price Buyer Seller Erf Key Suburb Node Title Deed No
1 360,000,000 DUBE TRADEPORT CORPORATION TONGAAT-HULETT LTD MOUNT MORELAND~1000~00000 DURBAN - NORTH T348/2014 2 127,000,000 TOYOTA SOUTH AFRICA MOTORS PROPRIETARY MICROSTEEL PTY LTD ISIPINGO~1029~00004 PROSPECTON DURBAN - SOUTH T41623/2013 LIMITED INDUSTRIAL 3 114,950,000 DELTA PROPERTY FUND LIMITED BLEND PROPERTY 17 PROPRIETARY LIMITED DURBAN~1752~00001 WINDERMERE DURBAN - CENTRAL T40671/2013 DURBAN~1752~00002 WINDERMERE DURBAN - CENTRAL T40671/2013 DURBAN~1752~00003 WINDERMERE DURBAN - CENTRAL T40671/2013 4 114,000,000 GROWTHPOINT PROPERTIES LIMITED PROUD HERITAGE PROPERTIES 52 PTY LTD DURBAN NORTH~3474~00101 BRIARDENE DURBAN - NORTH T40941/2013 5 75,000,000 LANGDON TRADING PROPRIETARY LIMITED FT~957~01317 HILLCREST DURBAN - EAST ST8235/2013 6 33,800,000 STRAP INVESTMENTS PROPRIETARY LIMITED ZEPHAN PROPERTIES PROPRIETARY LIMITED SEA VIEW~1060~00019 MONTCLAIR DURBAN - SOUTH T531/2014 SEA VIEW~1060~00024 MONTCLAIR DURBAN - SOUTH T531/2014 SEA VIEW~1060~00025 MONTCLAIR DURBAN - SOUTH T531/2014 SEA VIEW~1060~00026 MONTCLAIR DURBAN - SOUTH T531/2014 SEA VIEW~1060~00027 MONTCLAIR DURBAN - SOUTH T531/2014 SEA VIEW~1060~00028 MONTCLAIR DURBAN - SOUTH T531/2014 SEA VIEW~1060~00031 MONTCLAIR DURBAN - SOUTH T531/2014 7 30,951,000 BLUE FALCON 243 TRADING PROPRIETARY BRITISH AMERICAN TOBACCO PROPERTIES PINETOWN~9485~00030 MAXMEAD DURBAN - EAST T41884/2013 LIMITED SOUTH AFRICA PROPRIETARY LIMITED 8 24,500,000 ZEPHAN PROPERTIES PROPRIETARY LIMITED RANDVIEW PROPERTY TRUST-TRUSTEES SEA VIEW~1060~00019 MONTCLAIR DURBAN - SOUTH T530/2014 SEA VIEW~1060~00024 MONTCLAIR DURBAN - SOUTH T530/2014 SEA VIEW~1060~00025 MONTCLAIR DURBAN - SOUTH T530/2014 SEA VIEW~1060~00026 MONTCLAIR DURBAN - SOUTH T530/2014 SEA VIEW~1060~00027 MONTCLAIR DURBAN - SOUTH T530/2014 SEA VIEW~1060~00028 MONTCLAIR DURBAN - SOUTH T530/2014 SEA VIEW~1060~00031 MONTCLAIR DURBAN - SOUTH T530/2014 9 17,000,000 OLD ISTUDY 4 PROPRIETARY LIMITED PREMITO SHARE BLOCK CO PTY LTD PINETOWN~6295~00004 HATTON ESTATE DURBAN - EAST T41570/2013 10 14,000,000 BOSTON SCHOOL OF FINANCE PROPRIETARY DURBAN~10655~00011 DURBAN CENTRAL DURBAN - CENTRAL T16618/2013 LIMITED
1. Over 500 acres of land around King Shaka Airport 2. Industrial property in Jeffries Road, Isipingo 3. Commercial building in First Avenue, Windemere 4. Industrial building in Briardene 5. Heritage Market in Hillcrest 6. Shoprite on cnr Buller and Kenyon Howden Rd, Montclair 7. Industrial property in Dawnhill Road, Maxmead 8. See 6 above 9. Commercial property in Underwood Road, Hatton Estate 10. Office block in Anton Lembede Steet, Durban Central
The top 10 bonds in January 2014 were:
Rank Bond Amount Buyer Bank Erf Key Suburb Node
1 70,000,000 LINK HILLS SHOPPING CENTRE CC INVESTEC WATERFALL~191~00000 WATERFALL DURBAN - EAST 2 50,000,000 ROPROPS 9 PROPRIETARY LIMITED NEDBANK LA LUCIA~2815~00019 DURBAN - NORTH 3 33,462,375 CONCRETE INV CC TUHF DURBAN~12000~00000 DURBAN - CENTRAL 4 33,016,984 FIRST METRO HOUSING CO NHFC ZEEKOE VALLEI~270~00004 DURBAN - NORTH 5 28,000,000 BLUE FALCON 243 TRADING PROPRIETARY LIMITED OTHER BANK PINETOWN~9485~00030 MAXMEAD DURBAN - EAST 6 25,000,000 OLD ISTUDY 4 PROPRIETARY LIMITED NEDBANK PINETOWN~6295~00004 HATTON ESTATE DURBAN - EAST 7 20,000,000 M & F GIURICICH DEVELOPMENTS PROPRIETARY LIMITED NEDBANK UMBOGINTWINI~1~00029 UMBOGINTWINI DURBAN - SOUTH MARCIA PROPERTIES CLOSE CORPORATION NEDBANK UMBOGINTWINI~1~00029 UMBOGINTWINI DURBAN - SOUTH 8 20,000,000 MARCIA PROPERTIES CC NEDBANK UMBOGINTWINI~111~00000 UMBOGINTWINI DURBAN - SOUTH 9 20,000,000 AIRBORNE INV PTY LTD INVESTEC DURBAN~10674~00013 DURBAN CENTRAL DURBAN - CENTRAL 10 18,000,000 SHIELD HOMES (EASTERN CAPE) PROPRIETARY LIMITED NEDBANK SEA VIEW~619~00000 DURBAN - SOUTH
1. Shopping centre in Waterfall, Hillcrest 2. Commercial development in Douglas Saunders Road, La Lucia 3. Residential conversion in Durban CBD 4. Residential building in Zeekoe Vallei 5. Industrial property in Dawnhill Road, Maxmead 6. Commercial property in Underwood Road, Hatton Estate 7. Industrial property in Umbogintwini 8. Industrial property in Umbogintwini 9. Office block in Anton Lembede Street Durban Central 10. Residential buildings in Thomas Halstead Road Sea View
19 3 OWNER SEGMENT ANALYSIS
3.1 Listed Companies
Listed Company 2013 2014 YTD January 2014 ACCELERATE 206 1% 202 18% 202 18% ANNUITY PROPERTIES 1,047 5% 0 0% 0 0% ARROWHEAD PROPERTIES 647 3% 95 8% 95 8% ASCENSION PROP 1,394 6% 0 0% 0 0% CAPITAL PROPERTY FUND 986 5% 0 0% 0 0% DELTA PROPERTY FUND 3,210 15% 115 10% 115 10% DIPULA INCOME FUND 1,096 5% 153 13% 153 13% EMIRA PROPERTY FUND 25 0% 0 0% 0 0% FAIRVEST PROPERTY HOLDINGS 429 2% 52 5% 52 5% FORTRESS INCOME FUND 819 4% 50 4% 50 4% FOUNTAINHEAD PROPERTY TRUST 10 0% 0 0% 0 0% GROWTHPOINT PROPERTY 732 3% 384 34% 384 34% HOSPITALITY FUND 443 2% 0 0% 0 0% HYPROP INVESTMENTS 300 1% 0 0% 0 0% INGENUITY PROPERTY INVESTMENT 939 4% 0 0% 0 0% INVESTEC PROPERTY FUND 1,667 8% 0 0% 0 0% PREMIUM PROPERTIES 130 1% 0 0% 0 0% REBOSIS PROPERTY FUND 1,753 8% 0 0% 0 0% REDEFINE PROPERTIES 1,806 8% 0 0% 0 0% SA CORPORATE REAL ESTATE FUND 187 1% 67 6% 67 6% SYCOM PROPERTY FUND 590 3% 0 0% 0 0% SYNERGY INCOME FUND 335 2% 0 0% 0 0% TOWER 806 4% 23 2% 23 2% VIVIDEND INCOME FUND 638 3% 0 0% 0 0% VUKILE PROPERTY FUND 1,379 6% 0 0% 0 0% VUNANI PROPERTY FUND 52 0% 0 0% 0 0% 21,626 1,141 1,141
20 The top 10 transactions were as follows:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 205,000,000 GROWTHPOINT PROP LTD MOMENTUM PROP INV PTY LTD SANDHURST~38~00017 JOHANNESBURG - SANDTON SANDHURST~38~00021 SANDHURST JOHANNESBURG - SANDTON SANDHURST~38~00022 SANDHURST JOHANNESBURG - SANDTON SANDHURST~38~00023 INANDA JOHANNESBURG - SANDTON 2 152,713,025 MERGENCE AFRICA PROP INV CLARINA INV PTY LTD JOUBERTON~18519~00007 TRUST 3 130,000,000 ACCELERATE PROP FUND LTD ZEPHAN PROP PTY LTD KYALAMI PARK~172~00001 KYALAMI BUSINESS PARK JOHANNESBURG - MIDRAND/KYALAMI KYALAMI PARK~8~00000 KYALAMI BUSINESS PARK JOHANNESBURG - MIDRAND/KYALAMI 4 114,950,000 DELTA PROPERTY FUND LIMITED BLEND PROPERTY 17 PROPRIETARY DURBAN~1752~00001 WINDERMERE DURBAN - CENTRAL LIMITED DURBAN~1752~00002 WINDERMERE DURBAN - CENTRAL DURBAN~1752~00003 WINDERMERE DURBAN - CENTRAL 5 114,000,000 GROWTHPOINT PROPERTIES PROUD HERITAGE PROPERTIES 52 DURBAN NORTH~3474~00101 BRIARDENE DURBAN - NORTH LIMITED PTY LTD 6 95,000,000 ARROWHEAD PROP LTD RAZORBILL PROP 249 CC FERNDALE~1067~00000 FERNDALE JOHANNESBURG - RANDBURG FERNDALE~1068~00000 FERNDALE JOHANNESBURG - RANDBURG FERNDALE~1069~00000 FERNDALE JOHANNESBURG - RANDBURG FERNDALE~2021~00000 FERNDALE JOHANNESBURG - RANDBURG 7 67,000,000 S A CORPORATE REAL ESTATE LODAMAR ONE INV PTY LTD IR~92~00692 JOHANNESBURG OPEN SPACE JOHANNESBURG - TRUST DENVER/KENSINGTON/BRUMA 8 52,241,000 FAIRVEST PROP HOLDINGS LTD VUKILE PROPERTY FUND LTD KIMBERLEY~16428~00000 KIMBERLEY CENTRAL 9 49,946,406 FORTRESS INCOME 2 PTY LTD RESILIENT PROP PTY LTD TZANEEN~4593~00000 10 47,258,149 ACCELERATE PROPERTY FUND HIGHVELD SYNDICATION NO 18 LTD ESHOWE~1698~00000 ESHOWE LIMITED
1. Sandown Office Park at top end of Katherine Street 2. Retail development in Jouberton, Klerksdorp 3. Commercial building in First Avenue, Windemere 4. Industrial building in Briardene 5. Adjoining properties in Ferndale - Urban Brew Studio 6. Nampak Cartons and Labels Factorty in Denver 7. Pick n Pay Shopping Centre 8. Shopping cnetre in Tzaneen 9. Industrial property in Bellville South 10. Shoprite Shopping Centre in Sea View Durban
21 3.2 Second Tier Companies
Buyer Name 2013 2014 YTD January 2014 LEAF PROPERTY FUND 337 18% 1,376 96% 1,376 96% NVEST PROPERTIES 39 2% 42 3% 42 3% ROBS INVESTMENT HOLDINGS 49 3% 10 1% 10 1% AMPHORIA 20 1% 0 0% 0 0% AMRICHPROP 2 PROPERTIES 11 1% 0 0% 0 0% COVEWAY TRADE AND INVEST 18 14 1% 0 0% 0 0% EFSTRATIOU PROPERTIES 30 2% 0 0% 0 0% ERIS PROPERTY HOLDINGS 9 0% 0 0% 0 0% J POST INVESTMENTS 148 8% 0 0% 0 0% JAY REDDY PROPERTY INVESTMENTS 21 1% 0 0% 0 0% LAW'S STORES 31 2% 0 0% 0 0% MILE INVESTMENTS 225 78 4% 0 0% 0 0% PINESLOPES ERF 6 14 1% 0 0% 0 0% ROELAND STREET INVESTMENTS 618 32% 0 0% 0 0% RUEVERT PROPERTIES 12 1% 0 0% 0 0% SILVER LEAF PROPERTY FUND 407 21% 0 0% 0 0% STYLEPROPS 21 13 1% 0 0% 0 0% XTRASPACE PROPERTIES 73 4% 0 0% 0 0% 1,924 1,428 1,428
The top transactions were as follows:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 371,649,190 LEAF PROPERTY FUND LEAF PROP FUND TRUST CAPE TOWN~173662~00000 ZONNEBLOEM CAPE TOWN - CENTRAL
2 342,000,000 LEAF PROPERTY FUND LEAF PROP FUND TRUST VREDEHOEK~134~00000 CAPE TOWN - CENTRAL
3 223,100,000 LEAF PROPERTY FUND LEAF PROP FUND TRUST VREDEHOEK~227~00000 GARDENS CAPE TOWN - CENTRAL
VREDEHOEK~2702~00000 GARDENS CAPE TOWN - CENTRAL
4 179,181,170 LEAF PROPERTY FUND LEAF PROP FUND TRUST CAPE TOWN~173662~00000 ZONNEBLOEM CAPE TOWN - CENTRAL
5 176,241,058 LEAF PROPERTY FUND LEAF PROP FUND TRUST CAPE TOWN~173662~00000 ZONNEBLOEM CAPE TOWN - CENTRAL
6 76,500,000 LEAF PROPERTY FUND LEAF PROP FUND TRUST BRYANSTON~39~00000 BRYANSTON JOHANNESBURG - BRYANSTON
7 22,400,000 NVEST PROPERTIES BELLVILLE~11032~00000 BELLVILLE CENTRE CAPE TOWN - VOORTREKKER ROAD
SOLLY NOOR PROP PTY LTD BELLVILLE~11008~00000 BELLVILLE CENTRE CAPE TOWN - VOORTREKKER ROAD
BELLVILLE~11010~00000 BELLVILLE CENTRE CAPE TOWN - VOORTREKKER ROAD
BELLVILLE~11031~00000 BELLVILLE CENTRE CAPE TOWN - VOORTREKKER ROAD
8 19,250,000 NVEST PROPERTIES DYNADEALS NINETEEN PTY LTD BELLVILLE~28971~00000 BELLVILLE CENTRE CAPE TOWN - VOORTREKKER ROAD
9 10,000,000 ROBS INVESTMENT HOLDINGS DUKES MANAGEMENT SERVICES BLOEMFONTEIN~989~00000 BLOEMFONTEIN CENTRAL PTY LTD 10 6,900,000 LEAF PROPERTY FUND LEAF PROP FUND TRUST VREDEHOEK~2728~00000 GARDENS CAPE TOWN - CENTRAL
1. Leaf Property Fund purchasing mainly from related companies in Woodstock and Vredhoek, Cape Town 2. As above 3. As above 4. As above 5. As above 6. Silver Point Office Park in main Road Bryanston 7. Retail block in downtown Bellville 8. Retail block in downtown Bellville 9. Office block in Bloemfontein CBD 10. As per 1
22 3.3 Residential Development Companies
Buyer Name 2013 2014 YTD January 2014 JOZI HOUSING 0 0% 33 40% 33 40% WINDMILL PARK ESTATES 22 1% 32 39% 32 39% DOTCOM TRADING 849 13 1% 17 21% 17 21% EVERGREEN PROPERTY INVESTMENTS 92 6% 0 0% 0 0% FIRST METRO HOUSING COMPANY 317 20% 0 0% 0 0% GOLD WAVE PROPERTIES 28 9 1% 0 0% 0 0% JIKA PROPERTIES 144 9% 0 0% 0 0% JORDI PROPERTIES 30 2% 0 0% 0 0% AFHCO 16 1% 0 0% 0 0% BALWIN PROPERTIES 30 2% 0 0% 0 0% BESTWOOD SECURITISATION (RF) 40 3% 0 0% 0 0% CENTURY PROPERTY DEVELOPMENTS 107 7% 0 0% 0 0% COSMOPOLITAN PROJECTS JOHANNESBURG 132 8% 0 0% 0 0% CULVERWELL CONSERVATION COMPANY 87 6% 0 0% 0 0% JT GROUP DEVELOPMENTS 21 1% 0 0% 0 0% KIRON PROJECTS 12 1% 0 0% 0 0% M7 KONSTRUKSIE 7 0% 0 0% 0 0% MELTOWN INVESTMENTS 7 0% 0 0% 0 0% MNANDI PROPERTY DEVELOPMENT 20 1% 0 0% 0 0% PULSE URBAN PROPERTIES 162 10% 0 0% 0 0% ROYAL ASTON 5 0% 0 0% 0 0% STREET SPIRIT TRADING 175 53 3% 0 0% 0 0% SUMMERCON HOLDCO 63 4% 0 0% 0 0% TICASPOT 6 0% 0 0% 0 0% VALLIBROS PROPERTIES 15 1% 0 0% 0 0% VESTISAT 28 2% 0 0% 0 0% ZOTEC DEVELOPMENTS 132 8% 0 0% 0 0% 1,570 82 82
The top transactions were as follows:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 32,500,000 JOZI HOUSING FONTANA HOLDINGS PTY LTD JOHANNESBURG~4650~00000 JOUBERT PARK JOHANNESBURG - CBD/BRAAMFONTEIN
2 31,920,000 WINDMILL PARK ESTATES FIRSTRAND BANK LTD WINDMILL PARK~5351~00000 WINDMILL PARK EKURHULENI - BOKSBURG
WINDMILL PARK~5352~00000 WINDMILL PARK EKURHULENI - BOKSBURG
WINDMILL PARK~5353~00000 WINDMILL PARK EKURHULENI - BOKSBURG
WINDMILL PARK~5354~00000 WINDMILL PARK EKURHULENI - BOKSBURG
WINDMILL PARK~5355~00000 WINDMILL PARK EKURHULENI - BOKSBURG
WINDMILL PARK~5356~00000 WINDMILL PARK EKURHULENI - BOKSBURG
WINDMILL PARK~5357~00000 WINDMILL PARK EKURHULENI - BOKSBURG
WINDMILL PARK~5358~00000 WINDMILL PARK EKURHULENI - BOKSBURG
WINDMILL PARK~5359~00000 WINDMILL PARK EKURHULENI - BOKSBURG
WINDMILL PARK~5360~00000 WINDMILL PARK EKURHULENI - BOKSBURG
MORE PROPERTIES ON TITLE DEED
3 22,090,000 DOTCOM TRADING 849 BLUE NIGHTINGALE TRADING 305 PTY LTD KU~82~00029 MODITLO ESTATE
KU~82~00030 MODITLO ESTATE
KU~82~00031 MODITLO ESTATE
KU~82~00032 MODITLO ESTATE
KU~82~00049 MODITLO ESTATE
KU~82~00053 MODITLO ESTATE
KU~82~00054 MODITLO ESTATE
KU~82~00055 MODITLO ESTATE
KU~82~00062 MODITLO ESTATE
KU~82~00063 MODITLO ESTATE
23 3 22,090,000 MORE PROPERTIES ON TITLE DEED
4 8,575,000 FIRST METRO HOUSING COMPANY DURBAN CENTRAL PROP PTY LTD BELLAIR~516~00026 BELLAIR DURBAN - SOUTH
1. Fontana Building in Joubert Park 2. Residential estate in Windmill Park 3. Buyout of Modlitlo Estate near Hoedspruit 4. First Metro is a Council Owned Housing Company in Durban
24 3.4 Investment Institutions
3.4.1 Investment Companies
Buyer Name 2013 2014 YTD January 2014 METROPOLITAN LIFE 31 25% 0 #Error 0 #Error MOMENTUM PROPERTY INVESTMENTS 62 50% 0 #Error 0 #Error SANLAM LIFE INSURANCE 31 25% 0 #Error 0 #Error 124 0 0
There were no transactions in January 2014.
Rank Purchase Price Buyer Seller Erf Key Suburb Node
25 3.4.2 Banks
Buyer Name 2013 2014 YTD January 2014 INVESTEC BANK LTD 0 0% 31 51% 31 51% FIRSTRAND BANK LTD 940 42% 30 49% 30 49% A B S A BANK LTD 780 35% 0 0% 0 0% ABSA BANK LTD 30 1% 0 0% 0 0% FINBOND MUTUAL BANK 24 1% 0 0% 0 0% FIRSTRAND BANK LIMITED 144 6% 0 0% 0 0% NEDBANK LIMITED 95 4% 0 0% 0 0% NEDBANK LTD 109 5% 0 0% 0 0% STANDARD BANK OF SOUTH AFRICA LIMITED 16 1% 0 0% 0 0% STANDARD BANK OF SOUTH AFRICA LTD 6 0% 0 0% 0 0% STANDARD BANK PROP PTY LTD 109 5% 0 0% 0 0% 2,253 61 61
The top bank transaction in January 2014 were:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 30,210,000 FIRSTRAND BANK LTD SOLAR SPECTRUM TRADING 247 PTY IR~31~00539 LTD IR~31~00540
2 22,800,000 INVESTEC BANK LTD MELTIN PROP 59 CC IR~434~00001
UITVLUGT~1~00000 UITVLUGT
UITVLUGT~10~00000 UITVLUGT
UITVLUGT~100~00000 UITVLUGT
UITVLUGT~101~00000 UITVLUGT
UITVLUGT~102~00000 UITVLUGT
UITVLUGT~103~00000 UITVLUGT
UITVLUGT~104~00000 UITVLUGT
UITVLUGT~105~00000 UITVLUGT
UITVLUGT~106~00000 UITVLUGT
MORE PROPERTIES ON TITLE DEED
3 7,900,000 INVESTEC BANK LTD KACHINA JUSTINE NGOIE YA SANDHURST~3~00007 SANDHURST JOHANNESBURG - SANDTON
4 151,000 ABSA BANK LIMITED SENONA MAMOKGETHI ELNORAH PORT EDWARD~353~00000 PORT EDWARD
5 130,100 A B S A BANK LTD DEBAR FAMILIETRUST MOORREESBURG~5290~00000 MOORREESBURG
6 130,100 A B S A BANK LTD STRATOS TRUST MOORREESBURG~5290~00000 MOORREESBURG
7 130,100 A B S A BANK LTD DEBAR FAMILIETRUST MOORREESBURG~5290~00000 MOORREESBURG
8 130,100 A B S A BANK LTD BARNARD DEON MOORREESBURG~5290~00000 MOORREESBURG
9 80,000 A B S A BANK LTD CARVER BRADLEY STEWART KNYSNA~13650~00000 GREEN PASTURES
10 40,100 ABSA BANK LTD ZONDO XOLANI MAQHAWE BASIL DURBAN~6063~00000 BULWER DURBAN - CENTRAL
1. Indeterminate 2. Residential development south of Vereeniging 3. Residential property repossessed
26 3.5 Mines
Buyer Name 2013 2014 YTD January 2014 MUHANGA MINES PTY LTD 0 0% 15 100% 15 100% AJCOR OPEN CAST MINING CC 10 1% 0 0% 0 0% CALIBRA MINING CORP PTY LTD 8 1% 0 0% 0 0% DELMON MINING AND CIVILS PROPRIETARY LIMITED 7 1% 0 0% 0 0% DUIKER MINING PTY LTD 83 9% 0 0% 0 0% ERGO MINING PTY LTD 52 6% 0 0% 0 0% EXXARO COAL PTY LTD 66 8% 0 0% 0 0% EYETHU COAL PTY LTD 21 2% 0 0% 0 0% HULA MINERAL PROCESSING PTY LTD 11 1% 0 0% 0 0% LESA MINING EQUIPMENT & CONVEYER BELT CC 5 1% 0 0% 0 0% M M S MASAKHANE MINING SUPPLY & CONSTRUCTION CC 6 1% 0 0% 0 0% MAFUBE COAL MINING PTY LTD 1 0% 0 0% 0 0% MALTON MINING & ENGINEERING SERVICES PTY LTD 20 2% 0 0% 0 0% MSOBO COAL PTY LTD 41 5% 0 0% 0 0% NORTHERN COAL PTY LTD 12 1% 0 0% 0 0% PASCAL MINING SUPPLIES CC 19 2% 0 0% 0 0% RUSTENBURG CHROME MINE HOLDINGS PTY LTD 26 3% 0 0% 0 0% RUSTENBURG PLATINUM MINES LTD 38 4% 0 0% 0 0% SHANDUKA COAL PTY LTD 13 1% 0 0% 0 0% SISHEN IRON ORE CO PTY LTD 218 25% 0 0% 0 0% SISHEN IRON ORE COMPANY PTY LTD 45 5% 0 0% 0 0% TSHEDZA MINING RESOURCES PTY LTD 67 8% 0 0% 0 0% UNIVERSAL COAL DEV 1 PTY LTD 42 5% 0 0% 0 0% VAALBULT MINING CO PTY LTD 20 2% 0 0% 0 0% VUNENE MINING PTY LTD 8 1% 0 0% 0 0% WEIR MINERALS AFRICA PTY LTD 6 1% 0 0% 0 0% WITKOP EXPLORATION & MINING PTY LTD 8 1% 0 0% 0 0% ZOETVELD MINING & PROSPECTING PTY LTD 22 3% 0 0% 0 0% 875 15 15
The top transactions in January 2014 were:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 46,170,000 MUHANGA MINES PTY LTD OP GOEDEN HOOP TRUST IS~205~00006
27 3.6 Government
Government activity in the property market is split into three aspects:
3.6.1 Co-Operatives
This is farm land being purchased for Land Restitution purposes:
Municipality Principal Town 2013 2014 YTD January 2014 EDUMBE PAULPIETERSBURG 0% 43 77% 43 77% ENDUMENI DUNDEE 1 1% 7 13% 7 13% RAMOTSHERE MOILOA ZEERUST 69 99% 6 11% 6 11% OTHER 0% 0% 0 0% 70 56 56
The top co-operatives transactions in January 2014 are:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 43,200,000 KHAMBULE COMMUNITY TRUST-TRUSTEES HOGART GEVERS FAMILY TRUST HT NATAL~684~00000
HOGART GEVERS FAMILY TRUST- HT NATAL~684~00001 TRUSTEES 2 8,593,275 MABHELASELENGE COMMUNITY TRUST-TRUSTEES GADABANA ESTATE PTY LTD GT~17223~00000
GT~2252~00000
GT~2252~00001
GT~2252~00002
GT~3313~00001
3 5,623,898 MALEBELELE COMMUNAL PROP ASSOC MERWE JOHAN DAVID VAN DER JP~95~00001
JP~95~00003
28 3.6.2 National Government
The following amounts were spent by National Government purchasing in the various municipalities:
Municipality 2013 2014 YTD January 2014 CITY OF CAPE TOWN 125 28% 14 47% 14 47% ETHEKWINI 17 4% 10 33% 10 33% 0 0% 6 20% 0 0% CITY OF JOHANNESBURG 9 2% 0 0% 0 0% EKURHULENI 8 2% 0 0% 0 0% EMFULENI 34 8% 0 0% 0 0% INGWE 10 2% 0 0% 0 0% KWADUKUZA 59 13% 0 0% 0 0% MANGAUNG 5 1% 0 0% 0 0% MOGALE CITY 19 4% 0 0% 0 0% RUSTENBURG 127 29% 0 0% 0 0% STEVE TSHWETE 8 2% 0 0% 0 0% VENTERSDORP 16 4% 0 0% 0 0% BUFFALO CITY 6 1% 0 0% 0 0% 443 30 24
The top transactions in October were:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 13,750,000 CITY OF CAPE TOWN S W F FARMING PTY LTD STELLENBOSCH RD~920~00000 CAPE TOWN - SOMERSET WEST 2 9,783,480 ETHEKWINI MUNICIPALITY SARBRO DEVELOPMENT PROPRIETARY FT~6981~00010 INCHANGA LIMITED 3 6,000,000 MOGALE CITY LOCAL MUNICIPALITY WESTHAVEN BUSINESS TRUST IQ~245~00182
29 3.6.3 Municipalities
The following municipalities purchased properties in January 2014:
Municipality 2013 2014 YTD January 2014 CITY OF TSHWANE 361 63% 193 55% 193 55% ABAQULUSI 17 3% 55 16% 55 16% CAMDEBOO 0% 25 7% 25 7% NELSON MANDELA BAY 111 20% 23 6% 23 6% EMAKHAZENI 29 5% 20 6% 20 6% DANNHAUSER 0% 9 3% 9 3% EMADLANGENI 17 3% 8 2% 8 2% GREAT KEI 0% 8 2% 8 2% TSWAING 20 4% 7 2% 7 2% LOCAL MUNICIPALITY OF MADIBENG 14 2% 6 2% 6 2% OTHER 0% 0% 0 0% 569 354 354
30 The main transactions were:
Rank Purchase Price Buyer Seller Erf Key Suburb Node
1 171,000,000 GAUTENG PROVINCIAL GOVERNMENT UNIVERSAL PULSE TRADING 367 JR~317~00021 PRETORIA - NORTH PTY LTD JR~317~00039 PRETORIA - NORTH
JR~317~00227 PRETORIA - NORTH
2 22,640,000 PROVINCIAL GOVERNMENT-EASTERN CAPE SKYHIGH EQUIPMENT PTY LTD CLARENDON MARINE~240~00000 CLARENDON MARINE
3 21,397,765 THE NATIONAL GOVERNMENT OF THE REPUBLIC OF SOUTH WILLIAMS GUY HT NATAL~209~00004 AFRICA 4 18,478,000 THE NATIONAL GOVERNMENT OF THE REPUBLIC OF SOUTH FRIEND STEPHEN ARTHUR HT NATAL~116~00004 AFRICA HT NATAL~17056~00000
HT NATAL~17056~00005
HT NATAL~609~00000
HT NATAL~687~00000
5 13,424,500 THE NATIONAL GOVERNMENT OF THE REPUBLIC OF SOUTH MALAN HENRY THOMAS HT NATAL~18052~00000 AFRICA HT NATAL~607~00002
HT NATAL~796~00000
6 11,030,775 DEPARTMENT OF RURAL DEV & LAND REFORM OF THE PETRI HEIL CC JS~225~00011 REPUBLIC OF SOUTH AFRIC JT~126~00009 PRETORIA - EAST
7 10,600,000 NATIONAL GOVERNMENT OF THE REPUBLIC OF SOUTH HEWSON COLIN OWEN GRAAFF REINET RD~10~00000 AFRICA 8 9,735,727 THE NATIONAL GOVERNMENT OF THE REPUBLIC OF SOUTH GIBBS BARRY REGINALD HT NATAL~780~00011 AFRICA WILLIAMS GUY HT NATAL~780~00010
9 9,013,000 THE NATIONAL GOVERNMENT OF THE REPUBLIC OF SOUTH LYNSPRUIT FAMILIE TRUST- HT NATAL~52~00000 FULATHELA SOUTH AFRICA TRUSTEES HT NATAL~52~00009
HT NATAL~75~00004
HT NATAL~75~00005
HT NATAL~75~00014
HT NATAL~75~00015
HT NATAL~75~00016
HT NATAL~75~00017
10 8,840,472 DEPARTMENT OF RURAL DEV & LAND REFORM OF THE PICOLLO TRUST JS~225~00003 REPUBLIC OF SOUTH AFRIC
31 4 BONDS
The aim of the bond section is to create a segmentation that allows the mortgage funders to understand the market.
4.1 Market Share
The following bonds have been granted to Commercial Companies since January 2013:
Bank 2013 2014 YTD January 2014 NEDBANK 36,560 40% 1,845 34% 1,845 34% INVESTEC 17,365 19% 1,782 33% 1,782 33% ABSA 8,015 9% 760 14% 760 14% FIRSTRAND 13,052 14% 464 9% 464 9% STANDARD 15,060 17% 411 8% 411 8% TUHF 410 0% 95 2% 95 2% BIDVEST 44 0% 5 0% 5 0% 90,506 5,362 5,362
4.2 Market Activity
The market is broken into newcomers and established players (directors), which hold different interests for lenders. We have derived a measure of activity that is based on the transactions versus the overall property portfolio. The owners in the market has been segmented into 4 categories, based on the proportion (in terms of value) of the properties having been purchased since January 2013: High: Recent property transactions are 80% or more of all properties in portfolio Medium: Recent property transactions are 50 to 80% of all properties in portfolio Normal : Recent property transactions are less than 50% of all properties in portfolio Bonds Only: No transaction took place
The lending relative to the owner activity level can be seen in the table below:
SEGMENT ABSA INVESTEC NEDBANK FNB SBSA TUHF GRINDROD BIDVEST
A: HIGH 399 9% 569 4% 2,338 10% 434 6% 599 6% 0% 9 3% 0% B: MEDIUM 442 10% 1,191 9% 2,163 10% 813 10% 340 3% 19 8% 41 15% 0% C: LOW 1,538 34% 7,200 55% 12,224 55% 4,183 53% 4,343 41% 132 55% 64 24% 0% D: BOND ONLY 2,157 48% 4,026 31% 5,682 25% 2,452 31% 5,367 50% 91 38% 154 57% 35 100% 4,536 12,986 22,407 7,882 10,649 242 268 35
32 4.3 Market Size Segmentation
All directors of property owning companies are now segmented in terms of the size of bonds held by their companies (the total bond value held by the company is divided by the number of directors so that a single director at a company with a R100mill bond can be differentiated from 10 directors of a company with a R100mill bond). The banks¶ lending in terms of this size criteria can be viewed in the table below:
BAND ABSA INVESTEC NEDBANK FNB SBSA TUHF GRINDROD BIDVEST
A: Greater than R1bill 272 6% 537 4% 418 2% 914 12% 1,170 11% 0% 0% 0% B: Between R500 and R1bill 133 3% 2,038 16% 3,383 15% 680 9% 1,381 13% 0% 3 1% 0% C: Between R110 and R500mill 529 12% 3,530 27% 7,466 33% 794 10% 2,132 20% 0% 109 41% 30 86% D: Between R50 and R110mill 558 12% 2,028 16% 2,856 13% 2,016 26% 2,172 20% 56 23% 0% 0% E: Between R11mill and R50mill 1,612 36% 3,248 25% 5,714 26% 1,770 22% 2,156 20% 141 58% 52 19% 0% F: Less than R11mill 1,382 30% 1,604 12% 2,524 11% 1,671 21% 1,615 15% 35 14% 87 32% 5 14% G: Bond only 51 1% 0% 46 0% 36 0% 23 0% 10 4% 17 6% 0% 4,537 12,985 22,407 7,881 10,649 242 268 35
The above table shows into which segment each bank is lending to since January 2013. The following can be seen:
NEDBANK and INVESTEC have the most evenly balanced portfolio FNB and ABSA have a very small proportion of the greater than R500mill market Around 75% of ABSA¶s market is in below R100mill segment, indicating that ABSA is not strongly involved with the bigger players
33 5 DIRECTORS
5.1 Director Value
Director Value identifies those directors that have the greatest involvement in property via their directorships. This relates to the ³Band´field in the previous section.
This is defined by the proportional value of the properties that the director is involved in (property value divided by number of directors in the property owning company). The aim is to identify the most important directors in terms of ownership and activity.
There are 21 176 directors involved in companies with their proportional property value exceeding R5 000 000. Of these 3487 directors were involved in purchasing properties during since January 2013 with their proportional value exceeding R5 000 000, and 189 in the month of January 2014.
Band Total 2014 YTD January 2014
A: Greater than R1bill 39 29 9 B: Between R500 and R1bill 90 65 29 C: Between R110 and R500mill 814 434 50 D: Between R50 and R110mill 1,062 381 49 E: Between R11mill and R50mill 8,724 1,310 96 F: Less than R11mill 10,426 1,482 94 21,155 3,701 327
5.2 Director Activity
Director Activity is an indication of the level of property purchases that directors are involved in the property market, in relation to their current property holding.
This relates to the ³Segment´field used in the previous section. High Activity - the director is involved in transactions during the year where the property value is more than 80% of the total property value of the portfolio Medium Activity ±the director is involved in transactions during the year where the property value is 50 ±of the total property value of the portfolio Normal Activity - the director is involved in transactions during the year where the property value is less than 50% of the total property value of the portfolio
The number of directors active in purchases which were processed in the deeds office during October, in terms of Activity and Value levels, are:
Band A: HIGH B: MEDIUM C: LOW Total
A: Greater than R1bill 9 9 B: Between R500 and R1bill 6 11 12 29 C: Between R110 and R500mill 1 12 37 50 D: Between R50 and R110mill 12 37 49 E: Between R11mill and R50mill 23 15 58 96 F: Less than R11mill 47 22 25 94 Total 77 72 178 327
34 The tables below seeks to identify the top property directors in the country. This is derived by aggregating the values they are involved in through directorships in property owning companies. The tables below are the top 10 directors in the database, but not duplicating directors for the same company (ie only giving one director per company). Table 1 - Overall Table 2 - Sinice January 2013 Transactions Table 3 - January 2014
Surname Firstname Proportional Value Full Value Most Prominent Company
OBERHOLZER JAN JACOBUS 2,877,811,974 2,881,048,774 EMIRA PROPERTY FUND THEODOSIOU PAUL ANDREAS 2,545,455,274 5,509,355,184 ACUCAP INVESTMENTS RENS JONATHAN HENRI 2,030,813,384 4,102,976,313 ACUCAP INVESTMENTS KONIG ANDREW JOSEPH 2,021,711,727 21,130,307,878 REDEFINE PROPERTIES STUHLER BARRY LESTER 1,986,817,266 5,960,451,797 PANGBOURNE PROPERTIES WAINER MARC 1,978,710,031 20,785,758,238 REDEFINE PROPERTIES RICE DAVID HUW 1,964,197,441 20,727,707,878 REDEFINE PROPERTIES STEVENS MARK WALTER 1,936,523,965 3,636,922,959 FORTRESS INCOME 2 NACKAN BERNARD 1,911,903,730 20,800,883,886 REDEFINE PROPERTIES BORNMAN ABRAHAM ALBERTUS 1,894,726,690 5,649,179,377 PANGBOURNE PROPERTIES
Table 1 ±Overall Director Value
Surname Firstname Proportional Value Full Value Most Prominent Company
BUCKLEY ANDREW DYMOKE 1,718,291,600 3,436,583,200 K2012150042 (South Africa) CROUSE ANTON 796,644,325 838,391,200 CENTRAL PROPERTY DEVELOPMENT JOHANNESBURG COSMOPOLITAN FINANCIAL SERVICES COSMOPOLITAN PROJECTS JOHANNESBURG HOMEGOLD DEVELOPMENT 1998 WILCOPROP 202 ZOTEC DEVELOPMENTS NAUDE ABRAHAM PAUL 1,718,291,600 3,436,583,200 K2012150042 (South Africa) VAN DER WALT JOHANNES PETRUS 669,393,519 1,338,787,039 MACSTEEL COREPROP MACSTEEL GENPROP RENIX
Table 2 ±Since January 2013 Transactions
35 Surname Firstname Proportional Value Full Value Most Prominent Company
ADLER TAFFY MONTY 16,625,000 99,750,000 ARROWHEAD PROPERTIES BANA ESSOP 5,915,000 35,490,000 RAZISOLVE DOIDGE JOHN RICHARD PARKER 200,906,879 1,808,161,915 INTEGER HOME LOANS DORRESTEIN ALBERTUS HENRICUS 52,358,600 209,434,398 MAGICBREAKAWAYS LEISURE DEVELOPMENTS ESSACK HASSAN YUSSUF 5,915,000 35,490,000 RAZISOLVE JOOSTE XUEHUA 9,765,000 9,765,000 RIO RIDGE 19 LEISSNER GERALD GEORGE LEO 16,625,000 99,750,000 ARROWHEAD PROPERTIES MAHINDA GERALD KANYI 7,211,111 43,266,667 NEWSHELF 1167 MAHOMEDY AHMED ABDUL HACK 5,915,000 35,490,000 RAZISOLVE MALLYA VIJAY 7,211,111 43,266,667 NEWSHELF 1167 MCINTOSH GRAHAM BRIAN DOUGLAS 4,875,000 34,125,000 MACEST MOOSA CASSIM RASHID 5,915,000 35,490,000 RAZISOLVE EBRAHIM MAHOMED 5,915,000 35,490,000 RAZISOLVE MUNSAMI MELVIN 8,925,000 17,850,000 JOCELYN MANSIONS NAIR LOUISE MICHELLE 8,925,000 17,850,000 JOCELYN MANSIONS NELL MATTHEW ALEX ELLIS 16,625,000 99,750,000 ARROWHEAD PROPERTIES NOIK SELWYN 16,625,000 99,750,000 ARROWHEAD PROPERTIES PARUK EBRAHIM 5,915,000 35,490,000 RAZISOLVE PHOKU OSCAR 32,235,000 32,235,000 BON VIEW TRADING 88 RANGANATHAN RAJAN 7,211,111 43,266,667 NEWSHELF 1167 RICH CHARLES PATRICK 7,211,111 43,266,667 NEWSHELF 1167 SOLEMAN IMRAAN EBRAHIM 16,625,000 99,750,000 ARROWHEAD PROPERTIES SONI CHUNCHUDBALA JUMNADAS 7,211,111 43,266,667 NEWSHELF 1167 STROEBEL ELIZABETH PETRONELLA 16,625,000 99,750,000 ARROWHEAD PROPERTIES VON DER HEIDE CHRISTIAN KLAUS 7,211,111 43,266,667 NEWSHELF 1167 VON LANDSBERG HEINRICH CORNELIUS 21,367,500 21,367,500 UNIVERSAL PULSE TRADING 367
Table 3 ±January 2014
36 METHODOLOGY Three databases have been combined to create this unique view of the property market, namely: Deeds Office - Which shows all property transactions that have been registered in the Deeds Office CIPC - Company Registration data showing directorships linked to all property owning companies in the Deeds data Cadastral - Each property can be linked to the cadastral database which provides the exact spatial location of the property
Data is updated weekly, collated and propagated monthly.
In phase 1, we are looking at transactions greater than R5million.
There will be three forms of delivery: Snap Report ±Weekly ±a summary of significant or interesting transactions that occurred ±each Thursday
Detailed Report ±Monthly ±a detailed analysis of transactions that occurred in the month ±10 working days after month end
Website ±spatially enabled web site that will enable the user to perform interactive on line analysis of commercial data.
We have segmented the database into a number of segments: Owner Segment Spatial - Municipality or Node Property Type Director Relevance Bond Activity
The data is populated into a relational database that allows us to cut and dice the data into intelligent segments.
37