Property summit to focus on affordable housing, mixed use projects, new tech in property

Affordable housing, mixed use development projects and the impact of new technology and the Internet of Things on the commercial, industrial and residential landscape are just some of the topics of discussion on the future of the South African property sector at the upcoming African Real Estate & Infrastructure Summit that returns to Sandton from October11 to 12.

Some 200 property professionals are expected to attend this property event, where Utility Systems, a company specialising in smart water management solutions, is the gold sponsor.

Programme highlights and speakers include:

Panel discussion: The Affordable Housing Conundrum: How do we make affordable housing more attractive to investors?

Panellist: Harold Spies, chief executive of Similan Properties, a property development company specialising in the development of security estates with homes and apartments for the emerging middle class market in Mbombela, Gauteng and Port Elizabeth.

“While investors are looking at yield, developers have to evaluate yield drivers. To me, the answer is in the layered approach of addressing product concept, quality, management and constant evaluation. It’s not a single thing, but a combination of the detail. When we dare to challenge the norm and strive for affordable luxury, design neighbourhoods and build communities, we have to pause at answering to experience design,” says Spies.

Panel discussion: Integrated Urban Development: Investigating successful mixed use development projects with case studies: What makes these projects successful and how can we continue their sustainability.

Panellist: Brendan Falkson, Director of Rosslyn Hub, a 100-ha mixed use development at the centre of the Tshwane Auto City in Rosslyn, Africa’s first multi-OEM auto city, based on successful auto cities in Germany, Japan and China.

“The more role players that can buy into the big vision of a project at an early stage, the more chance that this project will not only succeed, but thrive. Integrated urban development is especially significant in South Africa in order to bring communities closer to work opportunities and create better social cohesion.”

The Impact of Technology and the Future of Residential Brokerage – What are international firms doing to stay ahead? How does technology improve the residential space? This presentation is by Rali Mampeule, chief executive of Phadima Group Holdings, who says: “The new tech real estate business in the selling, leasing and buying of properties space will overtake the traditional sales and marketing companies in terms of overall values service to client and speed.”

Laetitia Cook, director of BiZense and real estate lecturer at the University of Pretoria, will do a presentation called How are IoT and the 4th Industrial revolution practically impacting the commercial, industrial and residential landscape – What is the impact on developers and investors in this area and are millennials changing the status quo for property development?

“Rapid change is brought about by the 4th Industrial revolution, the Internet of Things, Artificial Intelligence and the ability to analyse huge data lakes, as well as new technology such as Nano tech, Med Tech and Prop Tech. To us it may seem daunting but our customers, tenants, and future landlords are already comfortable in that space. We should not fear this wave of change. The old way of doing things will not solve the challenges we are facing now,” says Cook.

During the same week as the African Real Estate & Infrastructure Summit, the award-winning Property Buyer Show also returns to Gauteng from October 12 to 14 at the Sandton International Convention Centre.

The Property Buyer Show is aimed at first-time residential property buyers or real estate investors and earlier this year won the AAXO ROAR Organiser and Exhibitor Award for the Best Consumer Exhibition 6 000 m2 and under.

The African Real Estate & Infrastructure Summit was also voted Africa’s best Confex (half conference, half exhibition) at the 2017 AAXO Roar Awards.

The summit and the Property Buyer Show are organised by Spintelligent, which organises exhibitions and conferences across the continent in the infrastructure, energy, mining, agriculture and education sectors. Longstanding flagship events by Spintelligent include African Utility Week, Future Energy Nigeria (formerly WAPIC), Future Energy East Africa (formerly WAPIC), Agritech Expo Zambia, Kenya Mining Forum, Nigeria Mining Week, DRC Mining Week. Spintelligent is part of Clarion Events Ltd, based in the UK.

Visit http://www.african-real-estate-summit.com/ and http://www.propertybuyershow.com.