A specialized commercial property management division managing commercial developments such as sectional title office/warehouse complexes and commercial parks.
It performs both administrative and facilities-management functions with a high level of personal service.
All its sectional title portfolio managers have successfully completed the UCT Sectional Tile course presented by specialist company Paddocks.
It is registered with the Estate Agency Affairs Board (EAAB) and backed by acknowledged experts in the field. Portfolio managers enjoy regular updates on changes in sectional title legislation.
It is a proud member of The National Association of Managing Agents.
Currently the division manages approximately 17 commercial sectional title complexes and 20 commercial parks.
As part of its service, it provides a full set of accounting records including:
Budget to Actual Reporting
Full General Ledgers
Rent-roll
Disbursement Statement (Income and Expenditure)
Trial Balance
Balance Sheet
Bank Reconciliation
Arrears Report
Contractor Reports
Administration System
Dedicated Bank Account
No Global Trust Account
Dedicated Bookkepper and Portfolio Manager for Day-to-Day Administration, using the Nicor Property Administration System.