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PGP 'The Odyssey' management contract

27 Feb 2014

Having recently acquired the management contract for ‘The Odyssey’, a trendy new 58 unit apartment building in Cape Town’s vibrant Green Point area, Pam Golding Property Management Services now manages property assets on behalf of owners to a total value of over R15 billion.

Ruth Grunder, portfolio manager and Mike Morey, managing director of Pam Golding Property Management Services outside The Odyssey in Green Point, Cape Town.

These comprise in excess of 160 properties, including 5 700 residential and commercial units.

The Odyssey is a prestigious building in a modern, sophisticated design, ideally situated on Main Road, directly opposite the Green Point Urban Park. It is well-positioned within easy walking distance of Cape Town CBD and the V&A Waterfront, as well as numerous leisure and entertainment facilities.

This is according to Mike Morey, MD of Pam Golding Property Management Services, who says a further significant contract concluded recently is for the management of the Homeowners Association of Croydon Vineyard Estate in Somerset West in the heart of the Cape Winelands.

Set against the scenic backdrop of the Hottentot’s Holland Mountains and with views of Table Mountain, the estate comprises in excess of 200 units. Other recent contracts include the management of eight upmarket homes in Warblers Grove in Constantia, and the residential component in The Square, a mixed-use development in Plettenberg Bay.

“This year also sees us take on the management of the body corporate of Royal Troon, a complex comprising 24 residential units in Atlantic Beach on the Cape West Coast,” says Morey.

He says among the more prestigious management contracts awarded in recent years is that of the centrally situated Mandela Rhodes Place, comprising residential, commercial and retail components, in Cape Town’s central city.

“Based in the building itself, we are able to closely manage the smooth running of this iconic property, which is home to acclaimed restaurants, coffee shops, a hotel, spa and a number of upmarket shops fronting well-known St George’s Mall on the ground level. The property also provides ample parking for residents, commercial tenants and casual parkers in the city’s bustling CBD,” he says.

With some 25 portfolio managers and staff, Pam Golding Property Management Services administers over 250 employees on site at various properties under management in the Western Cape, providing the infrastructure and resources to provide a professional and expert service to clients. Services include secretarial, financial, insurance and maintenance management functions.

“Our focus is on making a contribution towards the preservation and enhancement of the value of clients' assets by maximising investment growth and income generation through sustained, results-driven service,” says Morey.

Pam Golding Property Management Servicesis a member of the National Association of Managing Agents (NAMA) and the Association of Residential Communities (ARC). The company is registered with the Institute of Estate Agents of South Africa (IEASA), the South African Property Owners Association (SAPOA) and the South African Council of Shopping Centres (SACSC), and, as required, registered with the Estate Agency Affairs Board and also a registered debt collector.

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