Tintswalo Property Group Stamps its Authority on the SA Property Development Market

Top Quote Tintswalo Property Group is a leading retail centre developer, and is currently engaged in expansion across the country. End Quote
  • (1888PressRelease) September 08, 2012 - There is little doubt that the South African commercial property market is in a strong position. In fact, according to Investment Property Databank's (IPD) 2011 report, this market has outperformed all other markets in local currency terms for the past seven out of nine years.

    On the back of these favourable market conditions, property development and management company Tintswalo Property Group has flourished, establishing a significant impact across the length and breadth of the South African retail and boutique lodges landscape.

    The company is a leading retail centre developer, and is currently engaged in expansion across the country in emerging towns and cities such as Bethlehem in the Free State, Queenstown in the Eastern Cape, and Zeerust in the North West Province.

    Tintswalo Property Group CEO, Lisa Goosen notes that the company's considerable expertise and success provide a substantial advantage.

    "The Group has many years of experience, considerable financial knowledge, an impressive portfolio of existing properties, and a comprehensive understanding of the unique South African context.

    "As such, our company has the requisite expertise to offer the highest level of excellence, quality, and collaboration in retail property, ensuring that our investors and tenants alike receive viable and well-planned developments. Tintswalo Property Group will continue to build on these lucrative foundations, recognising opportunities for people examining property- and retail development options."

    Tintswalo is a Shangaan expression meaning 'the intangible feeling of love, gratitude and peace bestowed upon someone offering you a meaningful and worthy gift'. Goosen says that this phrase describes the company's business philosophy perfectly, as it always aims to exchange above what is expected, and deliver more than is promised.

    She adds that the company's hands on business style allow them to provide its clients with increasing asset values which enhance the areas in which they are located.

    Goosen explains that an important aspect of this value offering is furthering community development. Therefore, she notes, Tintswalo Property Group always embarks on community projects in underprivileged areas, ensuring that a developed centre also creates a safe, clean and aesthetic environment. This action ensures that communities are also able to prosper from the company's commercial developments.

    Its commitment to community development has also resulted in the company undertaking several Corporate Social Investment (CSI) projects. Pertinent examples include Tintswalo Property Group's involvement in aiding youth development through the 'Youth for Human Rights' and the 'Truth About Drugs' programmes. The former initiative educates young people about their basic human rights, while the latter informs them about the inherent dangers faced when using drugs.

    Goosen concludes that the country's bright prospects will aid the company's growth ambitions.

    "Tintswalo Property Group firmly believes in the future of South Africa, and is eager to contribute to the country's growth. As such, we intend to develop new centres every alternate year, and ultimately manage our own portfolio of no less than 10 centres. These will not only provide our clients with a world class property of enduring quality, but also add considerable value to adjoining communities."

    For more information on Tintswalo Property Group, visit www.tintswalo.com

    About Tintswalo Property Group
    The Tintswalo Property Group, which currently employs 260 people, was founded by Ernest and Gaye Corbett in 1975 as Century Retail Development, which developed retail shopping centres in rural areas as its primary business. In 2003, the group was joined by the Corbett's' daughter Lisa and her husband Warwick Goosen, who together started the five star Tintswalo Lodge collection. The company has subsequently became known as the Tintswalo Property Group.

    About Tintswalo Lodges
    Tintswalo Property Group boasts three five-star, uniquely South African and eco-styled boutique lodge destinations. Tintswalo Safari Lodge is located in the Greater Kruger Park, Tintswalo at Waterfall is in Kyalami, Johannesburg, and Tintswalo Atlantic is located on Chapman's Peak Drive, Cape Town.

    Tintswalo Manor House is a fourth lodge under the Tintswalo Property Group, and while it is as equally opulent as the above mentioned, it is better equipped towards a local family market .

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