TRANSFORMING FRANCISTOWN CITY! It

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TRANSFORMING FRANCISTOWN CITY! Its possible.
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Introduction

• REIB in the Property Industry
• REIB and REAC in facilitating CREDIBLE PROPERTY
  ADVISORY SERVICES
• An overview of Botswanas Property Market
• The Topic Models Strategies Investing in
  Property Infrastructure within the Greater
  Francistown Neighbouring Districts
• Case Study The Brazilian City of
  Curitiba...probably the most livable city in the
  World!
• SLIM Strategic Land Investment Model by the
  Princes Foundation for the Built Environment
• 2014 Emerging Frontier Markets Assessing Risk
  Opportunity

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Reib in the property industry

• REAL ESTATE INSTITUTE OF BOTSWANA an
  association of real estate professionals in
  Botswana . Qualification is determined through
  education and examination to determine that one
  is well versed on industry knowledge and ethical
  practice.
• Categories Estate Agents , Property Managers,
  Valuers and Auctioneers
• Membership Student Members, Probationer
  members, Full members
• Members are governed by the REIB HANDBOOK, and
  regulated by REAC
• REAL ESTATE ADVISORY COUNCIL
• - Regulatory body of the Real Estate Industry
  established by the Real Estate Professionals Act
  2003
• Full members of REIB are eligible for
  registration
• ALL PROPERTY PROFESSIONALS PRACTICING IN
  BOTSWANA MUST BE REGISTERED WITH REAC.

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REIB AND REAC IN FACILITATING PROFESSIONAL ADVISE
TO BATSWANA

• REIB MEMBERSHIP
• Estate Agency
• certificate in Real Estate , 1 year Probation ,
  Examination
• Valuation, Property Management, Auctioneering
• Degree in Real Estate , 2 Years Probation ,
  Examination
• REIB Membership Cards
• REAC Membership Certificates
• REIB PROFESSIONAL HAND BOOK
• Real Estate Professionals Act
• Code of Conduct and Ethics
• How professionals are expected to deal with
  clients
• Valuation Standards Committee

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REIB AND REAC IN FACILITATING PROFESSIONAL ADVISE
TO BATSWANA

• Real Estate professionals are the Stewards of
  your Assets
• They have been adequately educated , equipped to
  provide professional advise to Batswana
• They belong to a professional association which
  monitors their code of conduct and ensures that
  they are in touch with industry trends and
  dynamics
• The Real Estate Advisory Council is a regulatory
  body constituted by law and armed to ensure that
  each professional registered complies with the
  law.
• A sufficiently qualified and regulated industry
  to serve Batswana

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botswana property market Overview
Who Owns Botswana Household income Mortgage
growth Housing Prices Building Costs
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Botswana property market ownership
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Botswana Property Market household income
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BOTSWANA PROPERTY MARKET HOUSEHOLD INCOME
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BACK TO THE TOPIC FOR TODAY!

• Models Strategies for Investing in Property
  Infrastructure Development within the Greater
  Francistown area How it will help transform the
  landscape of the City of Francistown and its
  neighbouring districts.
• One can be forgiven for thinking we want
• A beautiful community,
• A long lasting landscape, and
• Healthy for the people and the planet!
• Real transformation that also has to be
  sustainable!

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Case study Curitiba, brazil

• Apparently this may be the most livable city in
  the world! It has become the international model
  for sustainable development because it put its
  people first and plans in a strategic and
  integrated way. They call it a model ecological
  people-centred city.
• A study by ICLEI-Local Governments for
  Sustainability (an Internationál Organisation of
  more than 875 cities, towns and counties)
  says.that Strategic and integrated urban
  planning is what underpins the individual
  projects system-wide that improve the
  environment, cut pollution and waste, and make
  the quality of life in the city better,.
• The result of the strategy--which put people at
  the center and emphasized integrated planning--is
  that the city has become a showcase of ecological
  and humane urbanism, with ongoing improvements
  over the past 38 years to social, economic and
  environmental conditions for its residents.
• This was started by the then Mayor in the 1970
  and 1980s. The City is much older. This
  information was obtained from its website.

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CURITIBA KEY POINTS

• Transportation the Public Transportation
  Integrated Network maintains 2,100 buses that
  transport 2.04 million passengers each workday
  along 385 different lines that cover the city and
  surrounding regions. 5,000 bus stops, 351
  tube-stations and 29 integrating terminals. While
  the population has doubled since 1974 and
  Curitiba has the most car owners per capita of
  any Brazilian city, auto traffic has declined by
  30, and Curitiba has Brazils lowest rates of
  ambient pollution and per capita gas consumption.
  Curitibas system.
• Waste Disposal Since 1989, when Curitiba became
  the first city in Brazil to introduce wide-spread
  separation and recycling of domestic waste, its
  recyclers have separated 419,000 tons enough to
  fill 1,200 20-storey buildings. Now 70 of the
  city's trash is recycled, with sorting into
  organic and inorganic waste done by residents at
  home and picked up from the curb by a fleet of
  brightly coloured trucks.  Recycling is done at a
  plant (itself made from recycled materials) by
  previously unemployed people including the
  homeless and recovering alcoholics. Paper
  recycling alone saves the equivalent of 1,200
  trees a day. Recovered materials are sold to
  local industries, and the proceeds used to fund
  social programs.
• Green Exchange Poor residents in 62
  neighbourhoods unreachable by truck have been
  able to bring their waste to neighborhood
  centers, where they have exchanged 11,000 tons of
  garbage for nearly a million bus tokens and 1,200
  tons of food since 1991 currently, 7,000 people
  benefit from about 44 tons of food annual,
  through 78 exchange points. In the past three
  years, more than 100 schools have traded 200 tons
  of garbage for 1.9 million notebooks. The program
  improves the diet of the poor and supports small
  local farmers.

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Most livable city.

• Green Space When the national government was
  distributing flood control funding in the 1970s,
  the city used the funds to buy up vacant land and
  create a network of 30 parks that include lakes
  created by damming rivers. Now the city has an
  astounding 51 square meters of green space per
  person as well as an effective flood control
  system. The city also has dozens of squares,
  playgrounds, and gardens 200 kilometers of bike
  paths and 1.5 million trees planted along
  streets by volunteers. Builders get tax breaks if
  their projects include green space. Land around
  the parks has increased in value, bringing the
  city higher tax revenues.
• Cultural Heritage Many of the city's buildings
  are "recycled" and retired buses are often used
  as mobile schools or offices. A flooded quarry
  was turned into the Wire Opera House inside two
  months, and another into the Free University of
  the Environment, which educates people on
  ecological issues. The refuse damp became a
  botanical garden with a duck pond, French
  parterres and a classic Victorian greenhouse an
  old gunpowder storage facility was transformed
  into the cherished Teatro do Paiol a glue plant
  became the children's center and an old trolley
  on the first pedestrian mall in the region, Rua
  Quinze, became a free babysitting center for
  shoppers. The mayor called it urban acupuncture
  that energized the development process.
• Downtown areas were transformed into pedestrian
  streets, including a 24-hour mall with shops,
  restaurants and cafes, and a street of flowers
  with gardens tended by street kids. The sol
  criado system finances restoration of historical
  buildings, creates green areas, and supports
  social housing. The citys zoning plan sets two
  standards for the number of floors that can be
  built in each zone normal, and maximum
  building the maximum requires buying the
  difference in the sol criado market by
  providing funds to restore an historical
  building, create a nature park, or build social
  housing.
• Housing Since 1990, the Municipal Housing Fund
  has been providing financial support to housing
  for lower income populations. After national
  housing finance collapsed in 1985, just as people
  from the countryside poured into Curitiba, the
  citys public housing program bought one of the
  few remaining large plots of land, Novo Bairro,
  as home for 50,000 families. While landowners
  built the houses themselves, each received a pair
  of trees and an hours consultation with an
  architect to help them develop their plan. COHAB
  also built Technology Street, an avenue of 24
  homes in the centre of Novo Bairro, each built
  using different construction techniques.
• Economy and Jobs In the early 1970s, when Brazil
  was welcoming industry with open arms, Curitiba
  accepted only non-polluters and constructed an
  industrial district with so much green space that
  it was derided as a golf course until it filled
  up with major businesses while its counterparts
  in other Latin American cities flagged. The
  city's 30-year economic growth rate is 7.1,
  higher than the national average of 4.2, and per
  capita income is 66 higher than the Brazilian
  average. Between 1975 and 1995, Curitibas
  domestic product grew by some 75 more than the
  entire State of Paraná, and 48 more than Brazil
  as a whole. In 1994, tourism generated US280
  million, 4 of the city's net income

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Curitiba, brazil
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A strategic land investment model (slim)

• Housing markets keep collapsing, exposing cracks
  in the larger economy and family budgets. Shelter
  is both a source of wealth and debt for most
  families. This has created a structural
  volatility in the economy. Is property, seen for
  a very long time as a long term asset, now a
  commodity? Families are now seeing housing as an
  investments, not just as shelter and security.
  Now families buy to let, i.e for investment
  purposes despite in some cases the lack of
  underlying demand. This boom and bust scenario
  suggests a failed model.
• A report by The Princes Foundation For the Built
  Environment proposes a way forward. In 2007, in
  their other report Valuing Sustainable
  Urbanism, the Princes Foundation found
  substantial additional value accruing in the
  short and long term from mixed use, mixed income,
  walkable neighbourhood scale developments. The
  report found that such developments created
  stronger social capital and enhanced the natural
  environment. SLIM prescriobes a model of
  residential growth that fully considers the
  potential for long-term value creation through
  master-planning, infrastructure delivery, the
  creation of sense of place, and careful estate
  management.

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SLIM

• The landowner comes into the deal as a co-partner
  with the promoter and the investor. The land is
  used as equity investment and eases cash flow.
  The other benefit is derived from the phased sale
  of land to capture values as they rise. This is
  an investments dimension that unlocks value over
  the long term and is in sharp contrast to the
  standard model where promoters need to sell
  housing units and excess land to recoup their
  investment.
• There are many innovative partnerships emerging
  but this might just work for Francistown which is
  bordered by privately held land parcles that are
  proving too expensive for government to buy from
  present owners.
• This model requires collaboration of landowners,
  promoters, investors and local authorities. It
  presents an opportunity for a win-win situation
  which creates value for everyone including the
  home buying public by delivering places that are
  diverse, interesting, lively, prosperous and
  sustainable!

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New approaches to residential delivery

• Niche market developers who take a long term
  quality driven approach to housing that can be
  truly called sustainable urbanism must be
  encouraged in Botswana. These are the landowners,
  long term land investors, commercial developers
  and regeneration specialists.
• Upfront investment in master planning, design and
  intensive project management is essential in
  order to optimise gains in the longer term.
• Required skills master planning, optimising land
  parcels and phasing schemes and mechanisms for
  long term estate management.

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Emerging frontier markets

• In 2014 Cushman Wakefield, a US based company
  assessed risk opportunity in acquiring office
  space in 42 countries, considered emerging.
  Botswana was ranked Number 1, considered most
  efficient and transparent market.
• This is a call for investors to take a serious
  look at Francistown and implement new ways of
  delivery property and infrastructure for the long
  term sustainability of the City. It has taken the
  City of Curitiba 38 years to achieve the sense of
  being the most livable city in the world, so it
  has to be worked at!

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THE VALUE OF PROPERTY OWNERSHIP

• Its tangible, its solid, its beautiful. Its
  artistic, from my standpoint, and I just love
  real estate. Donald Trump
• Its Tangible you can see it as a physical
  asset and you can see straight away its
  benefit
• Its Solid you can from the get go determine
  its use to you
• Its Beautiful one of the most creative
  investment forms with no limitations
• Its Artistic a reflection of design
  transformed from paper to life

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The value of property ownership

• The value of real estate Land Developments
• The value of Real Estate Capital Growth and
  Income
• The value of Real Estate Heritage

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THE VALUE OF PROPERTY OWNERSHIP

• The Value of Real Estate Ownership
• THE OWNERSHIP OF AN ASSET WHICH IS DIMINISHING
  IN SIZE, INCREASING IN DEMAND, AND WILL ALWAYS BE
  REQUIRED AS A FOUNDATION OF ANY ECONOMIC
  ACTIVITY!

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REAL ESTATE has produced the HIGHEST number of
Billionaires in the world, and those that were
produced by music and film, maintain their wealth
through real estate.
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THE ROLE OF EDUCATION IN SKILLING BATSWANA ON
MATTERS OF HOMEOWNERSHIP AND THE PROPERTY MARKET

• Next in Importance to FREEDOM and JUSTICE is
  popular EDUCATION, without which neither freedom
  nor justice can be permanently maintained .
• James A. Garfield

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In conclusion

• REAL ESTATE is a very important asset that we
  have in Botswana, the ratio of person to Land is
  the highest in the world.
• We are the only country that is allocated land
  Free or at a subsidized rate
• In comparison to other Countries in Africa, our
  land ownership legislation is rather advanced
  however we do not know it
• We have a regulated real estate professional body
  but we still use unregistered members for our
  transactions, our institutions create
  sub-regulatory measures that do not speak to
  professionalism or quality of work.
• We are not using the tools that we have to KNOW
  and understand our PROPERTY ASSET.
• We are speculative on things we need not
  speculate.

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