KwaZulu Natal’s leading provider of specialist, professional property management services to Sectional Title and Share Block schemes and Landlords of residential, commercial and industrial property
With the advent of the Share Blocks Control Act and (still later) the Sectional Titles Act, Wakefields became actively involved in the management of developments established in terms of these two Acts. By that time, property leasing was already a well established facet of the Company’s activities.
In 1998, the decision was made to separate the residential sales and property management
arms of the Company as the portfolio of the buildings under management and the letting
activities had grown to the extent that it had become clear that a dedicated property
management company was required. The result of this decision was the formation of
Wakefields Property Management (Pty) Ltd.
In August 2009, Wakefields Property Management purchased two active and well run property management companies on the Kwazulu Natal north coast, one at Umhlanga Rocks (formerly Northshore Properties Trust) and one at Ballito (formerly CE Property Services Trust).
Although some of the accounting and administrive functions of the schemes managed by the offices have been centralized at our Durban office, the day-to-day management of the complexes continues to be handled by the local personnel.
In September 2012 the company acquired the entire portfolio of properties managed by CorPro, a Durban based property management company. To aid with continuity many of the staff of CorPro were retained, but the administration of the properties was merged with the existing Wakefields Property Management systems.