Sapoa Lim workshop

Property owners and developers affiliated to the South African Property Owners Association (SAPOA) Limpopo gathered for a property economics workshop at a hospitality venue in the city last Wednesday to deliberate on challenges in the sector that include property value and rentals in the central business district.
SAPOA chairperson Paul Altenroxel outlined the purpose of the workshop as a platform to provide property roleplayers with an overview of current trends in the country and global property markets, and understanding of the key characteristics of property markets as well as insight of real estate research techniques and application. It was also an ideal opportunity for SAPOA members to meet and workshop the challenges and opportunities faced in the current economic climate, Altenroxel explained.
He further stated that the gathering, guided by the theme ‘Property Economics’ illustrated to attendees that through workshops and information sessions exciting opportunities may be discovered.
“We are going to have dialogue with all stakeholders of urban planning and development in the city. SAPOA has been working hard for a number of years to develop a strategic forum with the Polokwane Municipality to work together to seek solutions to challenges we face in Polo­kwane – in particular. As property owners and developers, we determine our own destiny and it is only through participation and investing time and energy that doors open,” Altenroxel stressed.
The workshop was facilitated by development and economics specialist Andreas Bertoldi, managing local member of RebelGroup, a consultancy business specialising in providing strategic, financial and economic advisory services at the interface of the public and private sector and a leading public-private partnership transaction advisor with its headquarters in the Netherlands.
He informed Polokwane Observer that they were looking at some of the local and global trends that might affect the property sector. He went on to say they also discussed factors that made the property market unique. Bertoldi highlighted topics covered on the day as ‘critical trends in South African and global property markets, understanding the characteristics of property markets, and real estate research techniques and application’.

Story and photos: ENDY SENYATSI
>>endy@observer.co.za