OVERVIEW OF OUR PORTFOLIOWe focus on developing a diversified portfolio of residential, retail, office and industrial properties by extracting value from existing stock and acquiring properties in Gauteng with a focus on the Tshwane and Johannesburg central business districts and surrounding areas.Our foremost investment criteria when acquiring or disposing of properties are strategic fit, sustained profitability and our ability to extract further value.
OUR FIRST CONVERSION OF A CBD PROPERTY INTO RESIDENTIAL UNITS TO MEET THE DEMAND FOR QUALITY ACCOMMODATION AT AFFORDABLE PRICES WAS IN 1998.
Our first conversion of a CBD property into residential units to meet the demand for quality accommodation at affordable prices was in 1998. Demand for residential units in the inner cities of Tshwane and Johannesburg continues to outstrip supply and it is our aim to meet the growing demand for quality residential accommodation over the long term.
Among the factors we consider when making investment decisions and deciding on development specifications are market insights, tenant feedback and urban renewal initiatives.
WE OFFER QUALITY HIGH-STREET RETAIL OPPORTUNITIES
Growth opportunities in CBD retail exceed that of traditional shopping malls and they have the added benefit of lower tenant costs, including lower common area cleaning and air conditioning requirements.
OCTODEC’S OFFICE PORTFOLIO CONSISTS OF THREE DIVERSE OFFERINGS SUITED BOTH TO GOVERNMENT AND LARGE CORPORATES AND TO TENANTS WHO REQUIRE SMALLER, INDIVIDUALISED POCKETS OF OFFICE SPACE.
The Towers brand was specifically developed to meet the increasing demand for smaller, individualised offerings from newly qualified graduates starting out in the CBD, professionals and small enterprises. There is substantial potential in this market which remains a focus area for Octodec.
Government tenacity for our buildings is growing as it recognises the advantages of location and the quality and reliable management associated with the Octodec portfolio.