Question NW2449 to the Minister of Finance

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09 October 2018 - NW2449

Profile picture: Matiase, Mr NS

Matiase, Mr NS to ask the Minister of Finance

What is the (a) name of each investing company that has invested on land owned by (i) the National Treasury and (ii) each entity reporting to him and (b)(i) nature, (ii) value and (iii) length of each investment?

Reply:

NATIONAL TREASURY

(a)(i) National Treasury does not own any land and therefore does not have any company investing on land.

(b)(i)(ii)(iii) Not applicable.

ASB

The Accounting Standards Board does not own any land or any other investment property.

CBDA

The Co-operative Banks Development Agency does not own land.

DBSA

No party, other than the Development Bank of Southern Africa, has invested in land owned by it.

FAIS OMBUD

None

FIC

Not applicable to the Financial Intelligence Centre.

FSCA

Financial Sector Conduct Authority - not applicable.

GEPF

As an investor, the GEPF owns a large number of properties within its property portfolio. The property portfolio is divided into directly held properties and indirectly held properties through corporate and listed property companies.

The link below reflects the amount and type of properties that the GEPF directly holds:

http://pmg-assets.s3-website-eu-west-1.amazonaws.com/RNW2449_GEPF_TABLE.pdf

GPAA

The Government Pensions Administration Agency (GPAA) does not own any land.

IRBA

IRBA does not own any land.

LAND BANK

No investing company has invested on land owned by the Land and Agricultural Development Bank of South Africa.

PFA

The Office of the Pension Funds Adjudicator does not own land.

PIC

As an operating entity, the PIC has no investments in land, neither directly held nor through investment companies.

The rest of the question falls away.

SARS

SARS does not have any land that is owned or managed through an investing company.

SARS however owns buildings that have vacant land for possible expansion purposes.

SASRIA

Sasria SOC Ltd does not own land, and as such has no investments on land. Our investments are administered by asset managers, and consist of various asset classes. We are not aware of any of our investment being specifically on land, however, we do carry investments in property bonds.

TAX OMBUD

The OTO does not own any land.

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