CEO Today Africa Awards

SOUTH AFRICA 59 www.ceotodaymagazine.com CEO Today Africa Awards 2018 ABOUT JEFFREY WAPNICK Jeffrey, who was appointed to the board on 2 October 1998, is responsible for the management of the group, with a strong emphasis on the upgrading and development of properties. He has a wealth of experience in the property industry. He is also managing director of City Property. FIRM PROFILE Octodec, a real estate investment trust (REIT) listed on the Johannesburg Stock Exhange and one of the largest owners of property in the Tshwane and Johannesburg CBDs,is committed to delivering long-term stakeholder value through an innovative and visionary perspective on property investment. Strategy & Business Model Our focus is on unlocking value in urban spaces. The purpose of this is to maintain and grow distribution to our shareholders. We do this by growing our existing portfolio and focusing on redeveloping and upgrading properties. We continue to investigate new frontiers at all times. JEFFREY WAPNICK Managing Director of Octodec Investments Limited OCTODEC’S SIX CAPITALS We use our business model to unlock value by using our financial, human, social and relationship, manufactured, intellectual and natural capital to build a sustainable, profitable business and create value for our stakeholders, beyond only financial return. Each of the six capitals consists of resources and relationships, which are constantly being increased, decreased and transformed through our activities. They include the inputs, activities, outputs and outcomes of our business model. Financial Capital Octodec’s financial resources include cash generated from rental income and the resources we obtain from equity, debt funding and the proceeds from the recycling of properties. Manufactured Capital We use our manufactured capital, which includes the properties, infrastructure and equipment we own, to grow our financial capital by generating rental income. Human Capital The individual skills competencies and experience of our people, their safety, health, wellbeing and motivation make up our stock of human capital. Intellectual Capital Our collective expertise and processes and the strategies, policies, procedures, standards and codes that govern how we do business make up our stock of intellectual capital and provide us with a competitive advantage. Social and Relationship Capital The relationships Octodec has established through its engagement with its tenants, suppliers, employees, government and business partners are central to our business, as are the contributions we make to the long-term sustainability of the communities in which we operate Natural Capital As members of the Green Building Council, we are committed to greater environmental responsibility and the development and diffusion of environmentally friendly technologies. www.octodec.co.za