Hodari Properties Proprietary Limited is a property development and investment company. We are powered by half a million square meters of property development and investment experience. We live by our founding statement “fully invested” and this is why Hodari is owned by its management.
As a proudly African company, we operate in South Africa, Southern, Eastern and Western Africa. We aim to imprint African Soil with landmark quality. We develop and invest in property for our own property portfolio. The aim of our portfolio is long-term capital growth. We manage our own properties and we also provide turnkey development solutions and project management services to third parties. At Hodari, we deliver property solutions not just buildings. When it comes to property development, we use our years of experience to deliver properties that are cost effective and “fit for purpose”.
The primary focus of Hodari is the development of commercial, industrial and retail properties for its own portfolio.
We strive to make our properties iconic and world class. We develop to an institutional grade.
In some cases clients need or want to own their properties. Hodari has extensive experience delivering completed properties on a turnkey basis. These are generally for a fixed price, although the pricing risk can be shared with the client if required. Crucially Hodari assumes design and delivery risk. The client is delivered a completed property, fit for purpose, at a fixed price.
The method of financing can also be varied – financed by Hodari or financed by the client.
A turnkey contract gives the client access to Hodari’s extensive development experience. Past experience shows that the turnkey approach saves the client cost and hours of executive time.
The directors and employees at Hodari have extensive expertise in project management. Project management involves working for the client as a professional. The project manager delivers the project on time, on budget and on specification. Hodari project manages client properties as if they were its own – this introduces our design, cost engineering, procurement and development skills. The project manager leads the entire project and serves as the link between the client, the professional team and the contractor.
Our focus is people, the human spirit and our valuable partnerships that we work hard to preserve. We’re proudly supported by our dedicated team of skilled specialists whose streamlined approach gives us the opportunity to keep it simple – no frills, no fuss, we get the job done! Our team and our partners work closely together to deliver the highest institutional-grade quality. We are enthusiastic in response to our clients’ needs and work intuitively to exceed their expectations.
Donald is responsible for deal origination, sourcing of finance and lease negotiation. He has been a property developer since 1994 and was intimately involved in the growth and evolution of Maponya Developments. That company developed and invested in properties to a value in excess of R1 billion. He is a chartered accountant, having graduated from the University of Cape Town in 1983. He served his articles with Deloitte. He is also a chartered management accountant.
Donald lived and worked in London for four years and Paris for a year. He worked for banking consultants before joining an oil service company (New London PLC.). He performed corporate finance functions and negotiated joint ventures internationally. He became the head of the company’s Africa division and worked extensively in West and Northern Africa. After returning to South Africa in 1993, he started developing property with Gavin Borthwick, in a long established family company. This venture eventually became Maponya Developments.
Gavin is responsible for company administration, does project management and resolves technical construction issues. He is a quantity surveyor who graduated from the University of the Witwatersrand in 1959. After working as a professional quantity surveyor and for various building contractors he started a construction company in 1968. This was a highly successful medium sized contractor, based in Durban. He developed extensive properties for his own account and then joined his son Donald in 1994, focusing purely on property development.
Garry is responsible for all construction activities, contract negotiation and project management. He is a quantity surveyor with over twenty years’ experience in the construction and property development industries. Garry graduated from Natal Technikon in 1991. He worked for a large contractor (Group Five) for nine years, then lived and worked in the United Kingdom for seven years. Whilst in London he worked for HBG Construction, a large Dutch listed company, before moving into project management. The project management was for IT infrastructure projects for Lloyds Bank. He spent four years with Lloyds before returning to South Africa in 2003, joining Maponya Developments as a senior executive and co-investor in 2004. Garry is a registered project manager with SACPCMP.
Richard is responsible for the finance function and has fifteen years’ experience in the finance and treasury fields. Richard graduated from the University of Cape Town with a Bachelor of Business Science degree, with honours in Finance. Richard has worked in the USA and London where he worked as an analyst at Barclays Global Investors and then later in the UK property sector.
After returning to South Africa, he joined a start-up aviation business as Financial Director where he gained extensive experience within the manufacturing environment and was successful in raising equity and grants from the South African government. He then moved to Grindrod Limited where he was responsible for the global treasury and risk functions for the ports, terminals, rail, logistics and trading divisions for 50 companies operating in South Africa, Namibia, Botswana, Zambia, Zimbabwe, Mauritius, Mozambique, Sierra Leone, Cameroon, UAE and Singapore.
Kevin is responsible for deal origination and joint ventures. He is a highly successful entrepreneur and a logistics expert, having formed and grown The Access Freight Group into the leading privately owned logistics service provider in South Africa. Access employed over 300 people, having in excess of 160,000m2 of warehouse space, over 130,000m2 of open storage yards, operating in Durban, Johannesburg, Walvis Bay, Luderitz, Bloemfontein, Richards Bay, Beira and Ndola. Access was recently sold to a division of Glencore and Kevin now runs a private equity portfolio.
Garth is responsible for deal origination and warehouse design. He has a degree in management and an MBA from the University of Brunel, London. With skills in industrial engineering and management, Garth brought a scientific approach to the companies warehousing and container logistics. Following protracted lease negotiations with Transnet, Garth executed a vision to establish the largest privately owned container freight station in Southern Africa. Following the sale of Access he now runs a private equity portfolio where his entrepreneurial skills can be well utilised.
He is a specialist at warehouse design and layout and the optimisation of work flows.
Antony has 30 years of experience in all aspects of the built environment. Antony joined Stevenson Construction in 1984 where he worked his way from Trainee Construction Supervisor to a Director in 1997. Antony was Managing Director of Group 5 TransAfrica and later TransAfrica Housing in 2000. During this time Antony gained extensive experience in managing all aspects of construction of buildings and civil structures in Southern and East Africa.
Antony started a Project Management company in 2004. Projects included major infrastructural projects such as the Simbithi Eco-Estate and the St Francis Links Golf Estate. Specialised building projects included the Hillcrest & Gateway Private Hospitals; the 24 000m2 KwaMnyandu Shopping Centre; numerous residential and retirement villages, office blocks as well as retail and factory complexes.
Murray is responsible for project management, development management and construction management. He graduated with a degree in construction management in 1989 and has worked as a contracts manager for Grinaker, Group Five and Stefanutti Stocks on varied building projects including high rise buildings, commercial developments, schools, a prison, shopping malls, hospitals and industrial and residential developments. Murray joined Term Project Management as a project manager in 2005 and then worked for seven years as an associate project manager with Arbuthnot Projects. He is a registered professional construction project manager with SACPCMP.
Marion works with the team assisting the directors in all aspects of property development and management, including extensive liaison with tenants, the professional development team, financiers and attorneys. She has worked on managing existing buildings held by the company, as well as carrying out due diligence investigations on new acquisitions and working on various new developments.
Marion assists in the efficient running of the office, carrying out the role of Executive Assistant to the directors and managing various marketing aspects of the business.
Grant graduated from the University of Kwa-Zulu Natal with a Bachelor of Science in Property Development and an Honours degree in Quantity Surveying. Grant is also a registered quantity surveyor with the SACQSP and ASAQS. He was employed as an Associate at AECOM, the largest construction consultancy firm in the world, for the last seven years. Grant has spent the last five years focusing on projects outside of South Africa with a specific focus on West Africa. Grant has travelled to 18 different African countries working on commercial, retail, industrial and hotel projects.
Grant is responsible for projects in West Africa from deal origination, sourcing of finance, lease negotiation, project implementation and hand over of the building to the end user.
Nick is responsible for the asset management of completed buildings and for doing valuations and financial modelling. He graduated with a Politics, Philosophy and Economics degree from the University of Cape Town in 2006. He then completed an economics honours degree in Financial Analysis and Portfolio Management graduating in 2008.
Nick worked for Investec Bank in Johannesburg for two years before joining Maponya Developments in 2011. He is a property asset manager responsible for the overall performance of a portfolio of properties. Asset management entails budgeting, leasing, control of expenses, awarding and control of property management contracts, determination and control of capex and generally ensuring the continuing growth of the asset.
Sarah is currently working as a property asset manager. She is an accountant who graduated as a Commercial and Financial Accountant in 1995. She worked for several years in the accounting department of a local audit firm. She joined Maponya Developments in 2001. Sarah has extensive property experience in all aspects of property – management, asset management, financial modelling and project management.
Claire commenced her career with ABSA Bank and then moved on to The European Bank of Reconstruction and Development in London. She has worked in the shipping, trading and logistics industries, specialising in International Banking, Foreign Exchange and Funding Solutions. Claire brings with her a wealth of experience working on cross border transactions. Claire holds a LIB (SA) and CAIB (SA) and is currently completing her Bcom (Hons) majoring in tax and working towards becoming a Chartered Banker.
Claire is involved in the day to day financial management of Hodari, as well as being involved in the financial structuring of various aspects of the business.
Anita Vallabh is our financial manager. She is a chartered accountant who graduated from the University of Natal in 1984 and served her articles with Deloitte. She started working with Gavin and Donald Borthwick in 1997. Anita is an expert in all financial and accounting aspects of property. She also does the tax work for the company.
Nomkhosi is responsible for day-to-day office administration, including travel arrangements. She also assists with the accounting and finance function. Nomkhosi obtained a marketing diploma from the Durban University of Technology and she is currently completing a Bachelor of Commerce Accounting degree through UNISA. She joined Maponya Developments in 2004 and has gained extensive experience in property administration and management. She serves as an assistant to the financial manager.
At Hodari, we invest in people to shape the environments that fuel the African economy. We are proud to showcase a selection of these environments, each of which have either been developed, managed or owned by Hodari Properties.