For more insights and to hear the full discussion, watch per chapter below:
- Introduction: Watch Now
- Urban Improvement Precincts: Watch Now
- How do we change the experience: Watch Now
- Power of the collective: Watch Now
- Presidential working group: Watch Now
- Estate vs. Precinct Management: Watch Now
- Smart Villages: Watch Now
- Regional efficiency: Watch Now
- Impact on surrounding communities: Watch Now
- Impact on corporates: Watch Now
- Transformation: Watch Now
- Growth: Watch Now
- Conclusion: Watch Now
Watch the Full Interview Here.
As KZN’s property market evolves, the role of management structures like UIPs, Property Associations and Gated Estates has never been more critical. In a recent interview, UrbanMGT Managing Director Brian Wright sat down with Schalk Theunissen, MD of DEVMCO, in a conversation facilitated by Brad Winstanley, Commercial Director of DEVMCO, to unpack the differences between these entities and their importance in future-proofing property investments.
Key Insights from the Discussion:
- The Future of Property Management in KZN: Brian Wright highlighted that precinct management plays a pivotal role in enhancing property values and creating destination appeal, especially along the uMhlanga/North Coast corridor. “We’re managing over R65 billion in property investment, and the collective voice of precincts is essential for sustained growth,” said Wright.
- Collaboration with Government: Schalk Theunissen emphasized the need for stronger ties with government structures. “Progress is being made, but for precincts to thrive, we need ongoing engagement to ensure infrastructure keeps pace with development,” Theunissen explained.
- Why Precincts Matter: From improving safety to enhancing lifestyle experiences, precinct management is key to ensuring a high quality of life. Wright pointed out that well-managed precincts are vital for maintaining KZN’s appeal as a destination of choice, both for residents and investors.
UrbanMGT continues to work hand-in-hand with property owners and associations to create thriving, well-managed precincts that ensure sustainable growth for our communities. More on the precincts we manage here.
