Sapoa: Spiralling municipal rates represent ‘catastrophic value destruction’

The US fried chicken Quick Service Restaurant (QSR) giant occupies space in properties across SA, with over 1050 outlets in malls and CBD streets. Akhona Qengqe, GM of KFC Africa, shares real estate and franchising insights from the group.

‘Once they let you loose, as a female, you have the added benefit of your sixth sense and intuition,’ says industry stalwart and Group CEO of Joburg-based Excellerate Property Services, which employs over 25 000 staff in Africa, the Middle East, and the UK.

The newly appointed CEO of the South African Multifamily Residential Rental Association (Samrra) shares insights on a burgeoning subsector of the property market, which currently boasts assets locally of around R60bn.

Quintin Rossi, CEO of Cape Town-headquartered Spear Reit, shares latest insights on the JSE-listed group’s expansion. It is a relatively small real estate fund, but has been one of the most active on the acquisitions and capital raising front.

Cobus Oelofse, CEO of the chamber that represents industry and the tourism sector in Ballito and the broader region, says it is not just about high-profile developments like Zimbali Lakes and the Club Med SA resort, as the area boasts amongst the highest number of building plans approved of a…