About Us | Octodec

COMPANY PROFILE

Octodec, a real estate investment trust (REIT) listed on the Johannesburg Stock Exhange and one of the largest owners of property in the Tshwane and Johannesburg CBDs,is committed to delivering long-term stakeholder value through an innovative and visionary perspective on property investment.

Non-Executive Directors

SHARON WAPNICK

Chairman

BA LLB (cum laude)

Member of the nominations, risk and social, ethics, remuneration and transformation committees.

MYRON POLLACK

CA(SA)

Member of audit, risk, nominations and social, ethics, remuneration and transformation committees.

JEFFREY WAPNICK

Managing director

BCom

Member of the risk committee Jeffrey, who was appointed to the board on 2 October 1998, is responsible for the management of the group

ANTHONY STEIN

Financial director

CA(SA)

Member of the risk committee. Anthony was appointed to the board in July 2009. He has considerable experience in finance in a listed company environment,

DEREK COHEN

Lead independent director

AEP (Unisa)

Chairman of the nominations committee and a member of the audit, risk, and social, ethics, remuneration and transformation committees.

PIETER STRYDOM

MCom (cum laude) CA(SA)

Chairman of the audit and risk committees. Member of the nominations, social, ethics, remuneration and transformation committees.

GERARD KEMP

MSc (Mining Engineering), DPLR, MDP

Chairman of the social, ethics, remuneration and transformation committee and a member of the audit, risk and nominations committees.

NYIMPINI MABUNDA

MBA, Post Graduate Diploma (Marketing Management), BSocSci

Nyimpini was appointed to the Octodec board on 11 February 2019. He started his career at Proctor & Gamble where he was employed as a Graduate Management Trainee within Sales and Customer Marketing function and later held the position of Key Accounts and Channel Manager.

STRATEGY & BUSINESS MODEL

Our focus is on unlocking value in urban spaces. The purpose of this is to maintain and grow distribution to our shareholders. We do this by growing our existing portfolio and focusing on redeveloping and upgrading properties. We continue to investigate new frontiers at all times.

OCTODEC’S SIX CAPITALS

WE USE OUR BUSINESS MODEL TO UNLOCK VALUE BY USING OUR FINANCIAL, HUMAN, SOCIAL AND RELATIONSHIP, MANUFACTURED, INTELLECTUAL AND NATURAL CAPITAL TO BUILD A SUSTAINABLE, PROFITABLE BUSINESS AND CREATE VALUE FOR OUR STAKEHOLDERS, BEYOND ONLY FINANCIAL RETURN.

Each of the six capitals consists of resources and relationships, which are constantly being increased, decreased and transformed through our activities. They include the inputs, activities, outputs and outcomes of our business model.

six capitals graphic

FINANCIAL CAPITAL

Octodec’s financial resources include cash generated from rental income and the resources we obtain from equity, debt funding and the proceeds from the recycling of properties.

MANUFACTURED CAPITAL

We use our manufactured capital, which includes the properties, infrastructure and equipment we own, to grow our financial capital by generating rental income.

HUMAN CAPITAL

The individual skills competencies and experience of our people, their safety, health, wellbeing and motivation make up our stock of human capital.

INTELLECTUAL CAPITAL

Our collective expertise and processes and the strategies, policies, procedures, standards and codes that govern how we do business make up our stock of intellectual capital and provide us with a competitive advantage.

NATURAL CAPITAL

As members of the Green Building Council, we are committed to greater environmental responsibility and the development and diffusion of environmentally friendly technologies.

OPERATING STRUCTURE

City Property provides the specialist leasing, portfolio management and marketing skills necessary to deliver excellent customer service to our tenants on our behalf. It is mandated to secure an appropriate mix of tenants for the various sectors of our diverse portfolio at rentals that allow us to create stakeholder value using an innovative approach to retaining tenants and keeping vacancies low.

B-BBEE COMPLIANCE & TRANSFORMATION

Our operating model

The new management agreement between City Property and Octodec was implemented with effect from 1 July 2018. The services that City Property has undertaken to provide for and on behalf of Octodec are summarised below:


Property management	Asset management	Specialist services
City Property is responsible for all services that are typical of traditional property management. These include leasing, billing, collections, utility management, property accounting and expense management.	As part of the “all-in” service rendered by City Property, it sources and advises on investment opportunities, sales and acquisitions (including ancillary processes such as feasibilities and due diligence investigations), and financial management. It monitors the regulatory environment and advises on income enhancing opportunities.	Certain specialist skills have been developed to manage the unique challenges prevalent in the Octodec portfolio. These include the establishment and maintenance of various stakeholder relationships, tenant installation services, repairs and maintenance, risk, legal, HR, IT, compliance and account management, as well as credit control.

Transparency and Accountability

GOVERNANCE

Octodec is committed to being a responsible and law-abiding corporate citizen. To ensure we discharge our legal and regulatory responsibilities we identify, prioritise, manage, monitor and report on any compliance risk facing us.

RISK MANAGEMENT

Our risk management framework addresses all significant risks and implements a bottom-up top-down approach.

ETHICS

Octodec requires all its representatives to act in good faith and in a manner that promotes our aspiration to be a good corporate citizen.

KING IV™ ASSESSMENT REPORT

Octodec Investments Limited (“Octodec” or “the company” or “the group”) board of directors (“the board”) endorses the King IV™ Report on Corporate Governance for South Africa, 2016 (“King IV™”), which plays a key role in benchmarking our corporate gove

BOARD CHARTER TERMS OF REFERENCE

Octodec Risk Committee Terms of Reference Octodec SERT Committee Terms of Reference Octodec Audit Committee Terms of Reference Octodec Board Charter Octodec Nominations Committee Terms of Reference

TOTAL REWARD PHILOSOPHY, STRATEGY AND POLICY

Total reward, philosophy and strategy Policy

DIRECTORS’ REMUNERATION POLICY

Octodec Director’s Remuneration Policy

CREATING INNOVATIVE PROPERTY OPPORTUNITIES THAT DELIVER LONG-TERM SUSTAINABLE STAKEHOLDER VALUE

COMPANY PROFILE

OUR BOARD IS COMPRISED OF LEADERS IN THE PROPERTY AND FINANCE INDUSTRY, CAPABLE OF PROVIDING THE EXPERTISE AND INSIGHT TO DRIVE OCTODEC FORWARD

Non-Executive Directors

Executive Directors

Independent Non-Executive Directors

OUR FOCUS IS ON UNLOCKING VALUE IN URBAN SPACES

STRATEGY & BUSINESS MODEL

WE USE OUR BUSINESS MODEL TO UNLOCK AND CREATE VALUE FOR OUR STAKEHOLDERS, BEYOND ONLY FINANCIAL RETURN

OCTODEC’S SIX CAPITALS

WE USE OUR BUSINESS MODEL TO UNLOCK VALUE BY USING OUR FINANCIAL, HUMAN, SOCIAL AND RELATIONSHIP, MANUFACTURED, INTELLECTUAL AND NATURAL CAPITAL TO BUILD A SUSTAINABLE, PROFITABLE BUSINESS AND CREATE VALUE FOR OUR STAKEHOLDERS, BEYOND ONLY FINANCIAL RETURN.

Transpharm, a division of Shoprite Checkers, one of South Africa ‘s largest pharmaceutical wholesalers and distributors and a tenant in one of
our upgraded industrial properties

OPERATING STRUCTURE

B-BBEE COMPLIANCE & TRANSFORMATION

Our operating model

OCTODEC IS COMMITTED TO BEING A RESPONSIBLE AND LAW-ABIDING CORPORATE CITIZEN

Transparency and Accountability

OUTDOORS AT FRANK’S PLACE

News

Reporting

Shareholder Calendar

CREATING INNOVATIVE PROPERTY OPPORTUNITIES THAT DELIVER LONG-TERM SUSTAINABLE STAKEHOLDER VALUE

COMPANY PROFILE

OUR BOARD IS COMPRISED OF LEADERS IN THE PROPERTY AND FINANCE INDUSTRY, CAPABLE OF PROVIDING THE EXPERTISE AND INSIGHT TO DRIVE OCTODEC FORWARD

Non-Executive Directors

Executive Directors

Independent Non-Executive Directors

OUR FOCUS IS ON UNLOCKING VALUE IN URBAN SPACES

STRATEGY & BUSINESS MODEL

WE USE OUR BUSINESS MODEL TO UNLOCK AND CREATE VALUE FOR OUR STAKEHOLDERS, BEYOND ONLY FINANCIAL RETURN

OCTODEC’S SIX CAPITALS

WE USE OUR BUSINESS MODEL TO UNLOCK VALUE BY USING OUR FINANCIAL, HUMAN, SOCIAL AND RELATIONSHIP, MANUFACTURED, INTELLECTUAL AND NATURAL CAPITAL TO BUILD A SUSTAINABLE, PROFITABLE BUSINESS AND CREATE VALUE FOR OUR STAKEHOLDERS, BEYOND ONLY FINANCIAL RETURN.

Transpharm, a division of Shoprite Checkers, one of South Africa ‘s largest pharmaceutical wholesalers and distributors and a tenant in one of our upgraded industrial properties

OPERATING STRUCTURE

B-BBEE COMPLIANCE & TRANSFORMATION

Our operating model

OCTODEC IS COMMITTED TO BEING A RESPONSIBLE AND LAW-ABIDING CORPORATE CITIZEN

Transparency and Accountability

OUTDOORS AT FRANK’S PLACE

News

Reporting

Shareholder Calendar

Transpharm, a division of Shoprite Checkers, one of South Africa ‘s largest pharmaceutical wholesalers and distributors and a tenant in one of
our upgraded industrial properties