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SAREITappointsJoanneSolomon AS ITS FIRST CEO With her wealth of financial and property sector experience, Joanne Solomon has been appointed as the first CEO of the SA REIT Association. T KH 6$ 5(,7 $VVRFLDWLRQ UHSUHVHQWV 6$V SXEOLFO\ WUDGHG 5(,7 VHFWRU ZLWK LWV PHPEHUV FRPSULVLQJ DOO SOXV OLVWHG 3URJUDPPH (VWLHQQH GH .OHUN &KDLUPDQ RI WKH 6$ 5(,7 $VVRFLDWLRQ VD\V :H DUH SOHDVHG WR ZHOFRPH -RDQQH DV &(2 RI 6$ 5(,7 +HU XQLTXH H[SHULHQFH LQ WKH SURSHUW\ LQGXVWU\ DQG ͤQDQFLDO VHFWRU PDNHV -RDQQH WKH SHUIHFW ͤW IRU WKH QHZ UROH ZKLFK ZLOO

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Large property portfolio holders FACE MAJOR CHALLENGES POST-LOCKDOWN

While people will return to offices and shops at the end of the national lockdown, there is general agreement that the way we work and shop has changed forever. The Covid-19 pandemic has accelerated the wide-scale adoption of telecommuting, working-from-home and the use of digital distribution channels. By Francois Joubert, Principal, Asset Management, Aurecon (currently branding as Zutari)

A SDUW IURP WKH VKRUW WHUP LPSDFW RI HPSW\ RͦFH DQG FRPPHUFLDO VSDFHV WKLV VKLIW ZLOO KDYH VLJQLͤFDQW LPSOLFDWLRQV IRU RZQHUV RI ODUJH SURSHUW\ SRUWIROLRV RYHU WKH ORQJ WHUP &RPPHQWDWRUV DJUHH WKDW ZH FDQ H[SHFW WKDW RYHUDOO GHPDQG ZLOO UHGXFH So how can property owners respond to this IXQGDPHQWDO VKLIW LQ WKH PDUNHW" -RXEHUW DGYLVHV WKH IROORZLQJ ZLOO EH UHTXLUHG Understand what you have and what it really costs :KLOH SURSHUW\ RZQHUV KDYH H[WHQVLYH NQRZOHGJH RI WKHLU DVVHWV WKH\ ZLOO DOVR need a thorough understanding of the future FRVWV DVVRFLDWHG ZLWK WKHLU SRUWIROLRV 7KHVH FRVWV QRW RQO\ UHODWH WR UDWHV WD[HV LQVXUDQFH DQG ERQG UHSD\PHQW FRVWV EXW WKH WRWDO FRVW RI RZQHUVKLS 7KHUHIRUH LW

Take informed decisions to optimise your portfolio 7R DQVZHU WKHVH TXHVWLRQV \RX QHHG DQ RYHUYLHZ RI \RXU HQWLUH SRUWIROLR LQFOXGLQJ PDQDJHPHQW LQIRUPDWLRQ RQ WKH WRWDO FRVW RI RZQHUVKLS WR EH DEOH PDNH LQIRUPHG GHFLVLRQV DERXW PLQLPLVLQJ FRVWV DQG PD[LPLVLQJ PDUJLQV LQ D WRXJK PDUNHW $XUHFRQ KDV GHYHORSHG D UDSLG DVVHVVPHQW PHWKRGRORJ\ WKDW FDQ DQVZHU WKH DERYH TXHVWLRQV IRU RZQHUV RI ODUJH SURSHUW\ SRUWIROLRV )RU H[DPSOH ZH UHFHQWO\ DVVHVVHG RYHU PLOOLRQ VTXDUH PHWUHV RI ͥRRU VSDFH LQ D SRUWIROLR VSUHDG DFURVV 6RXWK $IULFD ZLWKLQ WZR PRQWKV :H FDQ DVVLVW \RX ZLWK UDSLGO\ REWDLQLQJ D ZKROH SRUWIROLR RYHUYLHZ WR facilitate the strategic choices that you will EH UHTXLUHG WR PDNH ƒ

PXVW LQFOXGH RQJRLQJ PDLQWHQDQFH DVVHW YDOXH ORVV DQG DVVHW UHQHZDO FRVWV *HWWLQJ a handle on these costs will be critical as PDUJLQV WLJKWHQ Extend the life of assets while maintaining the required service levels $V IXQGLQJ EHFRPHV FRQVWUDLQHG LW ZLOO EHFRPH HYHU PRUH LPSRUWDQW WR GHIHU H[SHQGLWXUH IRU DV ORQJ DV SRVVLEOH ZKLOH PDLQWDLQLQJ VHUYLFH OHYHOV DW D VWDQGDUG WKDW NHHSV D SURSHUW\ FRPSHWLWLYH LQ WKH PDUNHW DQG WHQDQWV VDWLVͤHG 7KLV UHTXLUHV D PRUH VWUDWHJLF DSSURDFK DFURVV WKH HQWLUH SURSHUW\ SRUWIROLR UDWKHU WKDQ WKH W\SLFDO ̴ͤ[ LW̵ DSSURDFK RI IDFLOLW\ PDQDJHUV ZKR JUDSSOH ZLWK WKHVH LVVXHV RQ D GDLO\ EDVLV

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CONSTRUCTION WORLD JUNE 2020