select
|

JHI Residential - awarded contract

Specialising in providing residential management service, a new company, JHI Residential, has been launched.  JHI Residential is a sister company to JHI Properties, and both are members of the Excellerate Property Services Group.

JHI Properties currently manages an extensive portfolio of commercial property to a total value of approximately R50 billion – which includes office, retail, industrial and mixed-use property, while JHI Residential will focus on management of residential property.

Comments Thea Bezuidenhout, director of JHI Residential: “This is a natural progression for as collectively we already have extensive experience not only in managing commercial property, but in managing various mixed-use properties which include a residential component.

“We have already been awarded the management contract to manage 10 properties for International Housing Solutions, an established company which develops community-central housing projects. These 10 buildings comprise some 1800 units – mainly providing student accommodation, and including some retail and other flats/lofts. While the buildings are all situated in the Johannesburg inner city - in the Braamfontein area, we plan to roll out our services nationwide as we grow the business. We are already exploring further opportunities in Pretoria, Durban and elsewhere in Africa – including Namibia.”

Bezuidenhout says the services provided to International Housing Solutions include not only residential property management but also the leasing and letting of accommodation – the latter being outsourced to Mafadi Property Management, which focuses on the inner city .

“In regard to the student accommodation we are also handling maintenance of the facilities, arranging security and transport of students to and from nearby Wits University, collection of rentals, managing the trust account and keeping of management accounts on behalf of the landlord. The buildings are well positioned within easy reach of the University of Johannesburg and various colleges situated in Braamfontein,” she says. The student accommodation units are furnished.



  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 21 Feb 2018
      These days most buyers are using online property portals like Private Property when house hunting due to the convenience, up to date information and variety on offer. “The property portals have revolutionised the way buyers shop, but they do need to be cautious – viewing photos online is no replacement for viewing the property in person,” says Bruce Swain, CEO of Leapfrog Property Group.
    • 20 Feb 2018
      Owning a home is a milestone that most South Africans aspire to. Becoming a homeowner is a step towards growing personal wealth and owning an asset that appreciates in value over time, provided of course that the correct principles are applied during the buying stage of the process, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 20 Feb 2018
      The suburb of Greenstone in Johannesburg east came to be over the last two decades. “In the beginning, it was literally just a hill with not so much as a shopping centre,” says Michael Levy, Property Consultant at Jawitz Properties Bedfordview. Today it has plenty shopping facilities and is fully built, boasting high-density, upmarket housing and residential estates, though still has a few pockets poised for commercial development.
    • 20 Feb 2018
      A major shift in the ageing paradigm has precipitated an equally dramatic transformation in the retirement sector, with modern accommodation options worlds away from the conventional model.
    • 19 Feb 2018
      Possibly one of the biggest sources of contention between landlords and tenants surrounds the rental deposit. “Most tenants rely on getting their rental deposits back when moving, so that they can use it to pay a deposit on their new home. Having it withheld or even having large amounts deducted can lead to a lot of distress,” explains Bruce Swain, CEO of Leapfrog Property Group.
    • 19 Feb 2018
      Situated approximately halfway between Johannesburg and Pretoria, Midrand was established in 1981 and forms part of the City of Johannesburg Metropolitan Municipality. It has become one of the major business hubs in the country with major pharmaceutical, textile, telecommunication and motoring giants situated within its boundaries.
    • 19 Feb 2018
      The PayProp Rental Index Annual Review of 2017 shows that the rental market suffered from much volatility during the year. It kicked off with rental growth spiking in January with weighted year-on-year growth (YoY) growth peaking at 8.3% before dropping to 6.34% in July, dipping down to less than 5% in November and then experiencing a slight uptick at 5.75% in December.
    • 19 Feb 2018
      While most homes in cluster complexes, estates and other gated communities come with at least one garage or carport, residents would often like additional permanent parking or storage areas for things like trailers, bikes, boats and caravans.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK