3S Special Projects - Ekurhuleni: Transforming the City

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HOUSING • UNIQUE C O P ROP E RTY V A L UERS

Uniqueco

propositions

T

he company operates nationally with a service scope categorised in market, building insurance and municipal valuations, focused on immovable property types common within the investment markets of the South African property industry. These include residential, commercial, industrial, retail, agricultural, leisure, servitude and expropriation, municipal, equity and commodities, and specialised valuations.

INDUSTRY STALWARTS Uniqueco Property Valuers was established in 2008 and is headed by professional valuer Lourens Nel, partner and managing director at the company. His partner, financial director Ruth Mokonyane, manages company finances and owns a 40% stake in the firm. Nel serves as chairman of the SARWA Community of Practice Valuations, as well

Uniqueco Property Valuers is a leading South African valuation company offering professional services of exceptional quality, primarily for real estate.

as an alternative member for the Johannesburg Valuation Appeal Board. He occasionally does workshops and serves as a professional speaker at seminars, with reference to specialised valuation concepts. Dada Erasmus-Nel, divisional head: Municipal Valuations, serves on various appeal boards across the Tshwane and Johannesburg metropolitan municipalities. She has been involved in over 30 valuation rolls. Uniqueco has successfully completed several valuation rolls over the past five years and has developed its own CAMA system – MUNIQ. The company recently initiated Rates Genie, which offers advice to consumers with regard to rates and tax valuation concerns. Uniqueco’s experienced team handles objections and appeals queries on the client’s behalf.

SAVING MILLIONS Uniqueco’s clients saved millions of rands nationally thanks to the company’s comprehensive and advanced building insurance software – FINIQ – and a highly skilled Valuation Division that deals with servitudes, expropriation matters, land reform and claims for government and infrastructure upgrade projects. Uniqueco has handled numerous projects, including the Armscor portfolio, Eskom’s Megawatt Park, 1 800 km of strip servitudes, over R10 billion in insurance valuations, and more than R1 billion in agricultural valuations for the government, to name just a few. One of Uniqueco’s objectives is to improve the underestimated importance of property valuation services and to make a significant contribution to improving the recognition and knowledge of the essential role valuers play in the economic, social and political spheres of our society.

In order to achieve this, a range of applicable valuation methods and principles, which will determine the potential market value of the property and inform the stakeholders accordingly, needs to be employed. However, the valuation concepts and principles need to be unique, hence Uniqueco’s distinctive valuation system, qualifications, experience and approach.

EFFECTING INDUSTRY CHANGE The larger valuation companies currently dominate, and will continue to dominate, the market to the extent that major clients such as municipalities, government, corporate and the property industry at large make almost exclusive use of their services. As a result, the smaller, independent firms are completely isolated and must rely on sourcing business from smaller clients. It is the intention of Uniqueco to employ its vast experience and exceptional and dedicated human resources to make a significant impact on the industry in which it operates, to elevate the importance of valuers and their services, and to expand Uniqueco through franchising – providing lucrative and challenging career opportunities to participants in the industry.

Left Lourens Nel, managing director

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