About SAPOA
SAPOA ( South African Property Owners Association ) was established in 1966 by the leading and large property investment organizations to bring together all role players in the commercial property field and create a powerful platform for property investors.
SAPOA is recognized as the representative body and official voice of the commercial and industrial property industry in South Africa, with a combined portfolio in excess of R 150 billion.
SAPOA members control +
- 90% of all commercial and industrial property in SA.
The association is held in high esteem by relevant sectors of government and is, accordingly, consulted on all matters pertaining to the property industry.
SAPOA enjoys representation on all the South African bodies which are key to the country's property development. Having established close working relationships with a number of similar bodies internationally, SAPOA members and the association benefit from worldwide networking on a variety of issues, and arrange appropriate visits and meetings.
Who is SAPOA? SAPOA is its members. They include: - Property owners and developers
- Property managers/brokers
- Property investors
- Banks
- Building societies
- Insurance/assurance companies
- Local authorities/government
- Pension funds
- Property consultants
- Architects
- Researchers
- Attorneys
- Accountants
- Contractors
- Academics
-
Quantity surveyors
- Civil engineers
- Land surveyors
- Arbitrators
- Town planners
- Landscape architects
Committee Structure SAPOA is completely member-driven. Members serve on a variety of industry-related committees
and share their invaluable expertise for the benefit of the property industry as a whole. Some of the committees:
Members willingly give of their
time and benefit from sharing their expertise with other experts. The combined knowledge is a relevant SAPOA platform and has contributed significantly to SAPOA being recognised
as the official voice of the commercial property industry in South Africa.
Key Performance Indicators (KPI’s)
The KPI’s indicated hereunder serves only as a guideline and should be adapted to each specific portfolio of properties such that the indicators are measurable, realistic and reflect the circumstance of each specific property and market dynamics.
Data will be provided to IPD SA and they will at a nominal fee do the calculations and compile the statistics as per a pre agreed template.
In a Property Manager’s Committee meeting on 19 September 2007 it was decided to launch the project with the following KPI’s as Phase I.
Vacancy (measured at a point in time)
1. Property Managers will supply the bottom line data for all the properties they
manage for the following categories:
- Retail
- Industrial
- Commercial
The data provided per category will be vacancy (m²) and total lettable space(m²).
The data will be provided on quarterly basis starting on 1 January 2008.
2. More detailed vacancies for geographical areas could be supplied by SAPOA/IPD
or Francios Viruly.
Rental Collection (measured at a point in time)
The data will exclude legal matters and VAT. Property Managers will provide the bottom line data for all the properties they manage. Data needed, will be total collectables and total collectables outstanding. It will be measured on the 7th day and at the end of the month. Data will be needed on a monthly basis and as a kickoff the data for December 2007 will be supplied. The monthly data will be collected on a quarterly basis.
Budget Variance (measured over a property’s financial year)
Property managers will provide the bottom line for all the properties they manage and the data required are budgeted expenses and revenue for the financial year compared to actual expenses and revenue for the financial year. IPD can compile the net income for these numbers as well.
The data will be provided twice a year after June and after December. This means that after June the data provided will be for all the properties with a financial year end from January to June. The rest of the property managers’ portfolio data will be supplied after December.
As a kick off, property managers can supply the data in January 2008 of all the properties managed according to their financial year end in the past 12 months. All properties will thus be covered in this number.
Leases (measured at a point in time)
Property managers will provide the bottom line data for all the properties they manage and the data required are on a monthly basis the number of leases concluded on a monthly basis and the number of leases that are not signed by both parties. The data will be collected on quarterly basis.
Write Offs (measured over a financial year)
Property managers will provide the bottom line data in January for all the properties they manage and the data required will be the money collectable and money written off.
As a kick off property managers can supply data in January 2008 for all the properties managed according to the properties financial year end in the past 12 months. All properties will thus be covered in this number. The data will be provided twice a year, after June and after December. This means that the data of properties with a financial year end from January to June will be provided after June and the rest of the properties after December.
International Affiliations
SAPOA has cemented relationships with similar bodies internationally. The benefits of sharing expertise, arranging contacts for members when travelling abroad and being able to host international visitors are significant. Among its international affiliations are:
- British Council of Shopping Centres
- British Property Federation
- Royal Institution of Chartered Surveyors
- Urban Land Institute, USA
- MIPIM, France
- Building Owners and Managers Association, International
- FIABCI
- International Council of Shopping Centers
- Property Council of Australia
- Property Council of New Zealand
- National Association of Industrial and Office Properties (NAIOP), USA
These associations arrange their own conferences and exhibitions and the SAPOA national secretariat receives advice on dates and venues.
Fee structure
SAPOA's fee structure is designed to make membership available to all in the property industry. A number of categories of membership are available and details are available from Nancy at Tel : (011) 883-0679 or e-mail : opmanager@sapoa.org.z
a
Membership fees are, of course, tax deductible.
Networking
In any business contacts are
vitally important for success. SAPOA creates substantial networking opportunities through its conferences, conventions, congresses, seminars and workshops, as well as through its committee structure. Members, large and small, rub shoulders at these functions and the amount of business done is significant. New contacts are made, old contacts are re-established and many members will confirm that networking is a most important benefit of SAPOA membership.
Become a member now and contribute to the development of SAPOA and the commercial property industry - for your own future.
For further information contact Nancy at Tel : (011) 883-0679 or
e-mail : opmanager@sapoa.org.za
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