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Property Management

  • 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.