COLLINS PROPERTY GROUP

COLL IN S P R O P E R TY G R O U P

Providing a total property solution to remain competitive in sub-Saharan Africa www.collinsgroup.co.za

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An Opportunistic Approach to Property With a historically strong presence on the African continent, Collins Property Group has continued to maintain its reputation with the backing of a growing project portfolio of commercial property developments Writer: Emily Jarvis Project Manager: Stuart Parker

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ith a history spanning four generations over a period of more than 100 years of operation, Collins Property Group is leveraging its reputation for commercial property development to reach new strategic milestones across a wider African market. Since entering a Memorandum of Understanding with Tradehold (TDH) for the bulk of its African property interests outside South Africa last year, Collins Property has adopted an opportunistic outlook for the future growth of the business in sub-Saharan Africa. “Although the majority of our business over the past 10 years has been in the development of distribution and retail centres throughout Southern Africa, the Group has recently moved into residential development projects, as well as increasing its activities across the continent; in a bid to make sure we can provide an end-to-end service for our clients,� says Murray Collins, Managing Director of Collins Property Group.

Murray Collins, Managing Director

Alphonse Villa

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NEDBANK CORPORATE AND INVESTMENT BANKING

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edbank Corporate and Investment Banking (NCIB) is the wholesale banking arm of the Nedbank Group, one of the four largest banking groups in South Africa. Nedbank is a JSE Top 40 company with ordinary shares listed on the Johannesburg stock exchange since 1969 and on the Namibian stock exchange since 2007.

NCIB is based at the Group’s head office in Johannesburg, with large operational centres in Durban, Cape Town, Angola, Kenya, London, and Toronto. We have a shareholding of 20% in Ecobank, offering 2,000 branches in 39 countries.

NCIB offers transactional banking solutions, financing and advisory services and commercial property finance. Investment banking stretches from debt advisory and long-term project financing to equity trading and research.

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Led by a dynamic and hands-on approach, the Company’s total property solution approach was identified as a way to become more competitive, making decisions much faster to ultimately deliver a high quality product within an improved time frame.

“We have built up a significant project portfolio that demonstrates our core competencies and ability to handle a project from the planning phase right through to asset management.

Moreover, the absence of hierarchy within our management structure means we’re able to make decisions and deliver on our promises much faster than ever before,” he adds.

Strategic partnerships

As one of the first property developers to move into Africa’s retail and distribution sectors during the early 2000s, Collins Property Group has formed many longstanding relationships with the likes of

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We believe our partners should play an active role in our vision to be seen as a local business; it’s key that everyone in our supply chain is totally committed to this core value

successful retailers including Shoprite and Pepkor over the years, along with other national tenants across Namibia, Botswana, Seychelles, Zambia and South Africa.

Collins highlights: “A serious belief of ours when it comes to doing business, both locally and internationally, is to choose the right partners. We certainly favour local partnerships as these individuals and organisations know what’s happening on the ground and we can work together to source the best deals. We believe our partners should play an active role in our vision to be seen as a local business; it’s key that everyone in our supply chain is totally committed to this core value.”

Working with likeminded organisations such as Tradehold Africa has been a critical part of the Group’s success. This particular partnership has helped Collins Property Group to expand its Namibian portfolio, creating a “good deal flow for retail centre projects in this burgeoning sector”.

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SUCCESSFUL JOURNEYS COME FROM ENDURING PARTNERSHIPS. Nedbank Corporate and Investment Banking is a proud partner to the Collins Group, one of South Africa’s foremost property development and investment groups. We value our long-standing relationship with them and being able to help them spread their wings over Africa.

To partner with the bank that understands your property finance needs contact Anand Joseph at anandj@nedbank.co.za. nedbank.co.za

Nedbank Corporate and Investment Banking is a division of Nedbank Ltd Reg No 1951/000009/06.

Authorised financial services and registered credit provider (NCRCP16).

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Upcoming projects

In Namibia, Collins Property has a fantastic partnership with Safland Property Group, based in Windhoek and in collaboration, have some exciting projects in the pipeline including:

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He further details: “As mentioned, our philosophy is to go into areas where there is both a buoyant market and in countries where we believe we can make a difference. Namibia is a very aspirational country and there is great opportunity to create retail environments where every desire of the shopper can be met.”

Local loyalty

Collins Property has a significant interest in fostering healthy internal relationships with its staff, offering quality training and skills development to those who join its local team.

“As a family-owned business operating in the international property market, we hire top quality staff with

• Dunes Mall, Walvis Bay: Shopping mall (32,000m2), the second largest in Namibia, with anchor tenants’ Pick ‘n’ Pay and Spar • The Steps, Windhoek: Comprising offices and a City Lodge • Oasis Mall, Oshakati: An upmarket shopping mall with convenient parking at the popular C45 from Angola • Gobabis Shopping Mall, Gobabis: An upgrade and extension • There are also plans to develop another mall in Rundu, Angola, based on the retail demand both companies have identified in the country

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Completed projects PEP Warehouse, Fibres Road, Durban. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 70,000m2 PEP Warehouse, Baltex Road, Durban. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20,000m2 Unilever Warehouse, Mkondeni, Pietermaritzburg. . . . . . . . . . . . 45,000m2 Masstores Distribution Centre, Gosforth Park, Gauteng . 70,000m2 Illovo Sugar Distribution Centre, Willowton, Pietermaritzburg 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52,000m Toll Distribution Centre, Pomona, Gauteng

Sasol Gas, Gosforth Park, Gauteng. . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000m2

It’s no secret that doing business in Africa presents its challenges, however, with our track record and previous experience in Africa, we believe we will grow our business by 20 percent over the next three years

the necessary skills and commitment to the Collins Property brand. This feeds into our business expansion strategy too,” says Collins.

Headed up by experienced executives, the Company’s inhouse team facilitates the optimal development of large and medium-

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scale projects for major clients.

“As we are an opportunistic Company, we will do deals as and when they make sense in Africa. It’s no secret that doing business in Africa presents its challenges, however, with our track record and previous experience in Africa, we believe we will grow our

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Toll Distribution Centre, Pomona, Gauteng. . . . . . . . . . . . . . . . . . . . . . . . . . . . 15,000m2

business by 20 percent over the next three years,” he further explains.

Further bolstering its presence on the continent, Collins Property has recently entered into an agreement with Aveng to redevelop an existing portfolio from a previously successful joint venture arrangement. Signed earlier this year, Collins bought a majority stake in an Aveng portfolio, comprising 35 properties. “There are significant opportunities within this portfolio to redevelop prime industrial properties also,” says Collins.

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BUILDING AND CIVILS

Although predominantly active in Gauteng, Abbeydale Building and Civils has undertaken contracts throughout Southern Africa, with offices now established in Zambia. Regarded as one of South Africa’s largest privately owned construction companies, with experience across the board in retail, commercial and industrial construction,

we are proud to be associated with Collins Property Group.

15 Innes Road, Jetpark, 1459 Tel: 011 323 2700 Fax: 011 823 2103 www.abbeydale.co.za

Unilever Warehouse, Mkondeni, Pietermaritzburg

Illovo Sugar Distribution Centre, Willowton, Pietermaritzburg

“Beyond this project, Aveng has a good presence in Africa and, with its diverse construction, infrastructure and engineering expertise, we look forward to collaborating with them in the future.”

He adds: “In addition to these key expansions, we are also looking at various other projects including retail centres throughout the African

markets in which we operate, including Mozambique and Zambia.”

Seychelles archipelago

The Seychelles archipelago has become a hotspot for hospitality and retail projects in recent years and is something that Collins Property has focused on over the past decade.

Collins emphasises: “As part of the

SADC (Southern African Development Community), we are very positive about what’s happening in the Seychelles. Therefore, we’d love to contribute more to its growing tourism scene and add more products under the Alphonse Fishing Company brand, as well as look for opportunities to develop niche tourism opportunities within the Seychelles archipelago.

“Currently though, we own and manage Alphonse Island Resort and, together with the Islands Development Company, we have plans to develop Poivre Island into a world-class Eco Resort.”

With the ability to handle all aspects of property development in-house, combined with a substantial portfolio of projects across commercial and hospitality – and more recently, the residential sector – Collins Property Group is now focused on ensuring to deliver an efficient, cost-effective solution to any property development, no matter the country.

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COLLINS PROPERTY GROUP 1 Richefond Circle Ridgeside Office Park Umhlanga 4319 South Africa T: +27 31 536 8004 E: info@collinsprop.co.za

www.collinsgroup.co.za