Commercial Property News South Africa

New MD for JHI accelerates growth into Africa

Johann Boshoff, currently director: property management for JHI, becomes MD of JHI Properties from 1 October 2012. Reporting to Boshoff is national retail director Johan Engelbrecht; Louis Boshoff, who has been appointed property management director in Gauteng; Rob Moran, regional director in KwaZulu-Natal and Liezel Conradie, regional executive in the Western and Eastern Cape.

Excellerate Property Services (EPS), which was formed following the company's acquisition of a stake in JHI Properties in 2010, is on a concerted growth path, says Marna van der Walt, CEO of EPS. JHI Properties currently manages over R50 billion in assets and provides a comprehensive range of property services. Its other shareholders are its senior management and the PEACE Foundation.

"Over the past two years the two companies have capitalised on the synergies between them and made significant inroads into the market. The group is able to provide an extensive range of turnkey solutions and integrated services on a local, regional, national and African basis to tenants, owners and investors, as a variety of new business opportunities are presented in the marketplace.

"Given the broad scope of property related services that the group is able to offer, we are now strategically positioned to continue expanding into the rest of Africa, building on our existing operations in Namibia, Zambia, Zimbabwe, Lesotho, Botswana, Ghana and Nigeria. We are positive about the growth prospects presented in Africa, not only in the potential to realise sound investment, but to become a meaningful stakeholder playing a role in job creation, skills transference and development initiatives."

As a result of van der Walt's increased responsibility as CEO of EPS and to ensure continued focus on the growth and value-add of JHI, which is specialising in commercial and retail management services, it has achieved unprecedented growth since 2006, when the company had approximately R11 billion in assets under management.

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