Innovative property developments to be honoured

A benchmark of growth in free-market-driven economies, property development will be honoured by SAPOA’s (South African Property Owners Association) Awards for Innovative Excellence in Property Development, sponsored by Nedbank Corporate Property Finance.

“Our skyline is a legacy. Through these awards we seek to honour those who contribute to our future, our cities and our sector with innovation and excellence,” says SAPOA CEO Neil Gopal. “Property development represents a major economic sector in South Africa. It affects every South African. It’s important that property development has a sustainable, positive impact.”
The awards encourage a built environment that works on all levels. It considers more than architectural appeal. It evaluates a development’s economic viability, how it satisfies the needs of its investor and its user, aesthetics, and general positive impact on its surrounds.

Entries for the 2012 awards have increased to 29 - from 27 in 2011 - across 10 different categories. While this may be surprising in the prevailing tough economy, showing fitting caution in challenging markets, nearly a third of the entries are for refurbishment projects.

“This contrasts to the cycle from a few years back, where international development, retail and mixed-use developments dominated the entries,” explains John Truter, Chairman of the SAPOA Excellence Awards. “Refurbishments are less risky than new developments as they represent limited spend and drive sustainable growth by extending existing, income-producing properties.”
But, green shoots are coming through in the international development category after the Dubai crisis brought it to a virtual standstill for a few years. Entries received for local expertise applied to international developments include projects in Italy, Dubai and Mauritius.

Truter believes that the awards will soon see more entries for developments throughout Africa, as opportunities grow for property development across the continent.

Frank Berkeley, Managing Executive of awards sponsor Nedbank Corporate Property Finance, notes that the awards highlight the world-class innovation and local relevance of property development.

“Nurturing creative originality in property development across all sectors is an important ingredient to foster excellence in the industry as this ultimately enriches our cities and urban areas to benefit everyone,” says Berkeley. “The awards are an excellent showcase of the exceptional quality of our property developments.”

Awards categories include office, retail, industrial and residential developments, as well as refurbishments, mixed-use, international developments and social/environmental impact projects. The category of ‘other’ developments includes hotels, leisure and dealership developments. There’s also an award for the most innovative solution to a property challenge.
In addition, there are three overall awards for green building, transformation and, for the first time in 2012, social impact.

Decisions on award winners are given by a multi-disciplinary expert panel of 16 independent judges comprising leaders in their fields. The 2012 judges panel includes Hashim Bham – BTKM QS;  Barend de Loor  -  Eris Property Group; Corne de Leeuw  - Del QS;  John Truter  - WSP Group;  Pieter Engelbrecht – Growthpoint Properties; Chris Lawrence - Chris Lawrence; Ken Reynolds-  Nedbank; Wessel van Dyk – Boogertman & Partners; Rudolf Nieman - JHI; Anthony Orelowitz - Paragon Architects; Sam Silwamba – Old Mutual Properties; Richard Cottrill – Abland; John Williamson - MDS Architects; Beata Kaleta – DSA Architects; Zinon Marinakos - DSA Architects and Craig Sutherland – Sutherland Engineers.     
Finalists and category winners will be presented at the 44th annual SAPOA International Convention and Property Exhibition, which takes place at the Durban International Convention Centre on 30 and 31 May 2012.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 25 Apr 2018
      Whether you are a seasoned seller or new to the game, putting your home on the market is an exciting moment. To ensure you get the best possible outcome these 8 value adding additions to your home is worth the effort.
    • 25 Apr 2018
      After four years of unprecedented growth fuelled by semigration, the Southern suburbs market faced a number of challenges in 2017, including dwindling affordability and a marked slowing in house price growth with many sellers forced to lower their prices in order to secure a sale.
    • 25 Apr 2018
      Mall of Africa, is celebrating its second year of sensational success. This splendid super-regional shopping centre first opened on 28 April 2016, and has grown in popularity, performance and profile since then.
    • 25 Apr 2018
      While the role of trustee in a sectional title scheme is a voluntary and unpaid position, it is one that comes with huge responsibility. Trustees have a fiduciary duty towards their scheme, says Chinelle Hewit, Operations Manager at sectional title finance company Propell.
    • 24 Apr 2018
      The thing about the property ladder is that at some point in our lives we all have reason to want to climb a rung or two higher. Sometimes, it’s because we’ve outgrown our previous dream home, or because we want to be in a better neighbourhood that’s closer to work or to schools. Sometimes it’s because our circumstances have changed, and we’re taking care of elderly parents or relatives. Sometimes, it’s just because we want a property that reflects the financial status our hard work has won.
    • 20 Apr 2018
      Whenever changes in the political ecosystem of a traditional property market create uncertainty, smart investors begin to look elsewhere for new opportunities. Property experts at IP Global have analysed the trends and crunched the numbers to find new markets to explore in Europe and the United States.
    • 20 Apr 2018
      Energy and water self-sufficiency are increasingly important factors in home buyers’ choice of property – especially in Cape Town where the extreme drought of the past few years has made municipal supply costly as well as uncertain.
    • 19 Apr 2018
      During the last decade, rampant development has progressively transformed Cape Town’s property landscape with densification being the order of the day, but there are still one or two hidden gems like Scarborough which have retained their original character, offering an inimitable lifestyle and an attractive investment opportunity.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us