Supporting the future of Property Development in South Africa

Описание: Breaking into any market can be challenging but the property development sector is particularly notorious. One of the core challenges is securing development finance. In most cases new developers are seen as too high a risk and therefore struggle to garner support from traditional financial institutions.

To secure the future of property development in South Africa, it is necessary to support new developers, as well as bring more female developers into the fold. The development industry needs to examine the it does business and take steps to create a more inclusive future.

In this webinar Estate Living is joined by Mothusi Letlaka and Sias Scott from Urban4Site, Benjamin Moses of SA HomeLoans ( Property Development Fund) and Karl Bishop Head of Santam Real Estate as we look at what is required, the financing solutions available, and what support structures are available for new developers who are the future of property development in South Africa.

00:00 Opening
00:38 Louise Martin | Estate Living - Welcome and Introductions
03:33 Mothusi Letlaka | Urban4Site - Introduction
05:11 Mothusi Letlaka - Having the right team
06:42 Mothusi Letlaka - Where to focus & finding the right development
08:32 Mothusi Letlaka - Financing considerations & Equity
11:07 Mothusi Letlaka - Property Sector
11:53 Louise Martin & Mothusi Letlaka Q&A - How did your first development come about
13:28 Louise Martin & Mothusi Letlaka Q&A - Where did you learn the most during your first development
14:47 Benjamin Moses | SA HomeLoans - More on financing: Types of funding available and lending criteria
21:26 Louise Martin & Benjamin Moses Q&A - Project size and financing
23:17 Louise Martin & Benjamin Moses Q&A - Support structures
25:01 Louise Martin & Benjamin Moses Q&A - Cost of this type of funding compared to traditional bank
28:19 Karl Bishop | Head of Santam Real Estate - Santams solution bringing younger developers in
31:39 Karl Bishop - How does Santams solution help new developers; The developers ability to deliver
34:57 Karl Bishop - Summary
35:44 Louise Martin & Karl Bishop Q&A - Finding the right partner and can Santam offer recommendations
38:11 Louise Martin & Karl Bishop Q&A - What would a developer need from a security point of view if offsetting against equity & would funders accept that guarantee
41:15 Louise Martin & Karl Bishop Q&A - Summary of financing
41:39 Sias Scott | Urban4Site - Negotiating for the right team
47:15 Louise Martin & Sias Scott Q&A - Would you advise pitching a project to investors yourself or use brokers
48:43 Louise Martin & Sias Scott Q&A - Getting co-developers to see your vision
49:39 Louise Martin & Sias Scott Q&A - How to access information about landowners for potential developers
50:38 Louise Martin & Sias Scott Q&A - Would you recommend formal schooling or hands on learning
52:51 Louise Martin - Close & thanks
53:33 Close

#EstateLiving #PropertyDevelopment #SouthAfrica