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Letter to Investors

PFCbiz small logoPersonal Financial Consultants

Creating wealth ... personally
Registration No. 2001/007491/07
7 Lakeview Crecent, Kleinfontein Officepark Benoni ** P O Box 14149, Bredell, 1623
Tel 011 027 9975** Fax 086 660 9153
Financial Service Provider Registration Number : 738
e-mail : This e-mail address is being protected from spambots. You need JavaScript enabled to view it ** http//www.pfcbiz.com

Dear Investor,

The global economic recovery from 2008/2009 recession remains a stop start affair. This ebb and flow of global sentiment played out drastically in 2012 within the commercial property market. Comments from national property experts regarding the 2012/2013 year are as follows;

“Research shows that Landlords are likely to face a difficult year as they cope with rising costs on the one hand and an income squeeze on the other. Nevertheless investors are recognising that the time to re-enter the property investor sector is starting to look positive.” CEO of Broll Property Group

“South Africa has shortage of quality assets for sale in the investment market as matured funds are holding on to prime assets.” Jones Lang LaSalle’s latest report.

These comments might seem negative, and optimistically good news all in one but these challenges was enthusiastically taken on by the new management. New management were severely challenged with rising vacancy rates, poorly performing market rentals, explosive operating costs and more so poorly maintained properties.

Proud, yet humble we hereby report as follows since our official takeover as new management in February 2012.

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Address

Physical Address
7 LAKEVIEW CRESENT
KLEINFONTEIN OFFICE PARK
BENONI

Postal Address
P O Box 14149
Bredell
1623

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