An analysis of the quality of property management principles in the South African public sector – a focus on residential property
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Abstract
English
The aim of this paper is to investigate the applicability of public-sector residential
property management as implemented by the Department of Public Works
(DPW) at national level to current leasing management practices. The article
investigates current best practice in leasing of residential property and evaluates
the applicability of these practices to the DPW, as the landlord, when letting
out surplus residential properties. The findings indicate that the DPW residential
leasing management is not in line with best practices, together with inadequate
capacity in terms of the size of the portfolio and the requisite expertise to adopt
and implement effective lease management of surplus state-owned residential
property. Thus the DPW property-leasing function should be subjected to a
review and re-engineering of the current status quo with guidance from an
independent property-management advisory committee or reference group.
Keywords
English
Property leasing Public sector Surplus residential property