Spire Property Managements’ national footprint increases
05 March 2010, 08:28:03 AM
Spire Property Management recently secured the management contract for 11 Park
Lane in Parktown, Johannesburg.
“This 5000 square metre office block, belonging to a private client, expands
Spires’ footprint in the Gauteng region. As a result of our recent growth
in Gauteng we plan to open a regional office in Johannesburg during the course
of 2010 so that we can look to expand our property management operation in this
exciting area,” explains Marc Edwards, Managing Director of Spire.
Other current management contracts within the Gauteng areas are through Spires
mandate to manage the entire portfolio of Pick ‘n Pay owned retail properties,
on a national basis.
“Currently we have regional offices in Cape Town and Durban, with our
head office situated in Cape Town. We have however, identified the need to re-establish
our presence in the growing areas of Johannesburg and Pretoria and look forward
to opening our Gauteng regional office. We are actively sourcing new business
in the area and have received positive feedback in this regard which we feel
is down to our good name in the market based on our proven track record of being
hands on, professional and experienced property managers who always look to
add value to the properties we manage”
“We have seen our portfolio grow significantly in the past 12 months,
mainly through word of mouth, despite the recession which has seen a number
of firms struggle. We have placed targets on our property managers to control
their operational expenditure and have encouraged them to nurse the income side
of the building during these difficult times whilst constantly looking for additional
income earning opportunities to add value to our clients properties. This approach
seems to have paid dividends and reduced the pressure which potentially could
have been felt by our clients.
Spire has also recently expanded their management contracts in Kwazulu Natal
with the recent securing of three new buildings to be managed on behalf of a
private client. The contracts are for retail, light industrial and sectional
title office buildings that total over 6500 square metres.