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1、 The Property Charter The Council For Built Environment30 March 2007 The Property Charter The CouProperty BusinessINVESTORSDEBTFUNDINGBUILDINGSTENANTSInvest in suitable propertyMaximise net rentalsMeet spaceneeds of tenantsGrowingrentalsBorrowingsFinance CostsDistributeincome returnsAttract equityin
2、vestment capitalProperty ServicesProcurementProfessional ServicesProperty BusinessINVESTORSDEBTThe Property CharterAs contemplated in terms of statement 010 of DTI codes of Good Practice and the Broad Based Black Economic Empowerment Act (No. 53 of 2003)The DTI Codes of Good Practice framework and m
3、easurements apply to the Property Sector CharterOwnershipControlEmployment EquitySkills DevelopmentPreferential ProcurementEnterprise DevelopmentCorporate Social InvestmentThe Property CharterAs contempCharter ObjectivesTo address the imbalances of past Part of South African indigenisation programme
4、 (DTI Codes of Good Practice)Bring black people into all activities in the property sectorAddress property sectors perceived 11 year transformation lagEstablish framework for government and the private sector to transact Charter ObjectivesSteercom Proposed Charter CouncilProperty Charter ExcoPropert
5、y Sector Transformation Charter Committee (PSTCC)“Steering Committee”BUSINESS CAUCUSEffective representation from black business & established business.GOVERNMENT CAUCUSCoordinate input of all public sector institutions and govt depts.TECHNICAL TEAMS (experts provided by all organisations)SAPOAEAABS
6、ABTACOSAIBPPDPWSAIBPPSACSCSAIVSAPOAPLSPUTWPNEAABSABTACOAWIPDPWCharter CommitteesSteercom Proposed ChComposition and Seats of the Charter CouncilStakeholderRepresentingNumber of SeatsNedlac / Organised Indirect StakeholdersWomen4YouthLabourCommunitiesPublic SectorAll tiers of Govt.5SOEsProperty Servi
7、cesFacility Managers5Property ManagersBrokersEstate AgentsOwnersInstitutions5PrivatePLSPUTRegulatoryEAAB1Other relevant interest groups participating in the property sector as decided by the Council.e.g. UsersProposed by the Council approved by the MinisterProposed by the Council approved by the Min
8、isterComposition and Seats of the CEskel Jawitz- Chairman Jawitz PropertiesSaul Gumede- MD Dijalo PropertiesMusa Ngcobo- CEO Kensani PropertiesEstienne de Klerk- Executive Director GrowthpointCaswell Rampheri- Director Liberty PropertiesJohn Rainer- MD GraypropNyameka Madikizela- Director Imfihlakal
9、o Asset ManagementOarona Kgama- Director Loato PropertiesAlex Phakathi- MD Pareto LimitedMarna vd Walt- CEO GensecThe Charter CouncilEskel Jawitz- Chairman Jawit Status of the Charter processSigned on 17 March 2006Charter Council established Statement 010 complianceMOU signed by major shareholdersIn
10、dustry fundedIndustry wide consultationAdvance the transformational objective of BBBEE ActPrinciples, definitions and elements consistent with DTI Code of Good PracticeAll deviations justifiableEstablishment of Charter Council to be integrated into BBBEE Advisory Council underway Status of the Chart
11、er processBasic CalculationA is the Achieved scoreB is percentage in the hands of black peopleCis the charter compliance targetD is weighting allocated to the elementA = B x D CBasic CalculationA is the AchQSE ThresholdMicro and very small enterprises whichever is higherASSET BASEDSERVICE BASEDGROSS
12、 ASSETSR 30,000,000R 3,000,000GROSS INCOME OR TURNOVER4,200,0004,2,000,000/ 1,000,000 (estate agents/property brokerages)NUMBER OF EMPLOYEES2020/5 (estate agents/property brokerages)QSE ThresholdMicro and very smProperty Sector Scorecard Element Indicators Proposed Weighting 5 Year Target OWNERSHIP
13、(20 Points)Voting RightsVoting rights in the enterprise in the hands of black people525% plus 1 voteVoting Rights in the enterprise in the hands of black women210%Economic interestEconomic interest to which black people are entitled525%Economic interest to which black women are entitled210%Economic
14、interest to which broad-based / designated groups are entitled12.5Realisation pointsOwnership fulfillment1No restrictionNet equity Value410% - year 120% - year 240% - year 3 & 460% - year 5 & 680% - year 7 & 8100% - year 9 & 10Property Sector Scorecard EProperty Sector ScorecardElementIndicatorsProp
15、osed Weighting5 Year TargetCONTOL (10 Points)Members of the Board who are black people as a % of the board340%Members of the Board who are black women as a % of the board220%Executive Management who are black people as a % of Executive Management 440%Executive Management who are black women as a % o
16、f Executive Management113%Property Sector ScorecardEleProperty Sector ScorecardElementIndicatorsProposed Weighting5 Year TargetEMPLOYMENT EQUITY (10 points)Senior ManagementBlack Senior Management as % of total Senior Management230%Black women in Senior Management as % of total Senior Management115%
17、Middle ManagementBlack Middle Management as % of total Middle Management237.5%Black women in Middle Management as % of Middle Management120%Junior ManagementBlack Junior Management as % of total Junior Management 240%Black women in Junior Management as % of total Junior Management 120%Property broke
18、rs / estate agentsBlack practitioners as % of total practitioners used337.5%Black women practitioners as % of total practitioners used1.520%Black people in Management as % of total Management330%Black women in Management as % of total Management1.515%Compliance1YesProperty Sector ScorecardElePropert
19、y Sector ScorecardIndicatorsProposed Weighting5 Year TargetSKILLS DEVELOPMENT (15 points)% of Skills Spend on black people as a % of payroll over and above the Skills Development levy71.5%Learnerships Black learnership positions (as % of employees) (18.1 and 18.2)42.5%Mentorships Black staff on ment
20、orships programmes as a % of total staff (adult learnerships) subject to verification42.5%PROCUREMENT (20 points + 2 bonus points)Procurement from BBBEE suppliers15 for 60% 2 for 70% (incl 1 bonus point)70% Spend on Property Services Enterprises (Level 1 4) of total Property Services spend340%Prefer
21、ential procurement policies in place & mechanisms, which verify BEE status of suppliers including the use of dti-approved verification agencies2 (incl 1 bonus point)YesProperty Sector ScorecardIndIndicatorsProposed Weighting5 Year TargetENTERPRISE DEVELOPMENT (15 points)Proof of enterprise developme
22、nt programme in place 1YesDisposal of assets to BBBEE enterprises (level 1-4) as a % of total asset disposal (private)935%Monetary support to and investment in BBBEE SMMEs (level 1-4) over 5 years33% of net profit before taxQuantifiable non-monetary support to BBBEE SMMEs (level 1-4) over 5 years22%
23、 of net profit before taxRESIDUAL (10 points)CSI as a % of net profit after tax21%Development Investment in under-resourced areas as a % of total annual investments810%Total102 pointsProperty Sector ScorecardIndicatorsProposed WeightingApplication of scorecardELEMENTSQSEPROPERTY OWNERSPROPERTY SERVI
24、CEPRIMARY CODES REFERENCEOWNERSHIP2020 POINTS20 POINTSCODE 100CONTROL2010 POINTS10 POINTSCODE 200EMPLOYMENT EQUITY2010 POINTSCODE 300SKILLS DEVELOPMENT2015 POINTSCODE 400PROCUREMENT2020 POINTS20 POINTSCODE 500ENTERPRISE DEVELOPMENT2015 POINTS6 POINTSCODE 600RESIDUAL2010 POINTS2 POINTSCODE 700TOTAL10
25、0 POINTS75 POINTS83 POINTSApplication of scorecardELEMENBBBEE Status MatrixBBBEE StatusQualificationWeighting1 100 points on the Generic Scorecard135%2 85 but 100 points in the Generic Scorecard125%3 75 but 85 on the Generic Scorecard110%465 but 75 on the Generic Scorecard100%5 55 but 65 on the Gene
26、ric Scorecard80%6 45 but 55 on the Generic Scorecard60%7 40 but 45 on the Generic Scorecard50%8 30 but 40 on the Generic Scorecard10%930 on the Generic Scorecard0%Where any enterprise is in excess of 50% owned by black people, the BBBEE Status of that enterprise will be at the level immediately above the level at which its actual score is evaluatedBBBEE Status MatrixBBBEE StatuDeviation from DTI Codes5 year targetsDevia
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