Question NW2459 to the Minister of Transport

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13 September 2018 - NW2459

Profile picture: Nolutshungu, Ms N

Nolutshungu, Ms N to ask the Minister of Transport

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

Reply:

Department

(a)(i) The Department of Transport has not invested in any land.

(b)(i)(ii)(ii) Not applicable

Cross-Border Road Transport Agencies

a) (ii) No investing company has invested on land owned by the entity as the Cross-Border Road Transport Agency itself does not own any land.

b) (i), (ii) and (iii) - Not applicable

Road Accident Fund

a) (ii) No investing company has invested on land owned by the entity as the Road Accident Fund itself does not own any land.

b) (i), (ii) and (iii) - Not applicable

Road Traffic Management Corporation

a) (ii) No investing company has invested on land owned by the entity as the Road Traffic Management Corporation itself does not own any land.

b) (i), (ii) and (iii) - Not applicable

Road Traffic Infringement Agency

a) (ii) No investing company has invested on land owned by the entity as the Road Traffic Infringement Agency itself does not own any land.

b) (i), (ii) and (iii) - Not applicable

South African National Road Agency Limited

A table is provided below showing the developments that have taken place on land we have leased to various organisations

SANRAL

a) Name of Investor

b(i) Nature of Investment (all leases of land)

b(ii) Monthly/Annual Rental

b(ii) Estimated Value of Improvements

b(iii) Commencement Date

b(iii) Termination Date

Taylor Burke Projects Pty (Ltd)

Service Station

R46 301.43 PM

R18 Mil

1/08/2015

31/07/2049

Marburg Interchange Development CC

Service Station/Truck Stop

R12 714.05 PM

R12 Mil

01/07/1994

31/03/2024

BKZ Investments

Warehousing

R6 848.47 PM

R5 Mil

01/09/2014

31/08/2031

Engen Petroleum Ltd

Service Station

R373 248.00 PM

R18 Mil

01/10/2015

30/09/2018

Toll Road Concessionaire Pty LTD

Service Station N&S Bound

R17 690.67 PA

R25 Mil

01/01/2004

31/12/2019

LIZALOR Investment CC

Service Station N&S Bound

0.5% of gross turnover generated by sales of Petroleum Products & 1% of gross turnover generated by all other businesses

R25 Mil

27/03/2013

26/02/2053

Petroleum and Retail Properties Midrand Pty LTD (New Road Filling Station)

Service Station and Restaurant

0.5% of gross turnover generated by sales of Petroleum Products & 1% of gross turnover generated by all other businesses

Proposed New Improvements R100 Mil

01/11/1997

01/10/2017 (Option to renew for a further 30 years)

BP Southern Africa Pty LTD (BP Oasis)

Service Station and Restaurant N&S Bound

0.5% of gross turnover generated by sales of Petroleum Products & 1% of gross turnover generated by all other businesses

R25 Mil

29/07/1998

28/07/2018 (Option to renew for a further 30 years)

Vodacom (Pty) Ltd

Cellular infrastructure

R3 161.94 PM

R300 000.00 Minimal Infrastructure

01/06/2014

31/05/2019

Mobile Telephone Networks (Pty) Ltd

Cellular infrastructure

R10 709.89PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

Vodacom (Pty) Ltd

Cellular infrastructure

R5 000.00 PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

ATC South Africa Wireless

Cellular infrastructure

R10 975.00 PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

ATC South Africa Wireless

Cellular infrastructure

R13 157.83 PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

Vodacom (Pty) Ltd

Cellular infrastructure

R6 273.37 PM

R300 000.00 Minimal Infrastructure

01/05/2014

30/04/2019

Mobile Telephone Networks (Pty) Ltd

Cellular infrastructure

R11 230.00 PM

R300 000.00 Minimal Infrastructure

01/11/2015

31/10/2020

Cell C (Pty) Ltd

Cellular infrastructure

R8 350.00 PM

R300 000.00 Minimal Infrastructure

01/12/2015

30/11/2020

ATC South Africa Wireless

Cellular infrastructure

R13 789.41 PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

Vodacom (Pty) Ltd

Cellular infrastructure

R10 304.10 PM

R300 000.00 Minimal Infrastructure

01/12/2017

30/11/2022

Vodacom (Pty) Ltd

Cellular infrastructure

R35 650.78 PA

R300 000.00 Minimal Infrastructure

01/12/2017

30/11/2020

ATC South Africa Wireless

Cellular infrastructure

R10 136.46 PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

ATC South Africa Wireless

Cellular infrastructure

R12 683.25 PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

ATC South Africa Wireless

Cellular infrastructure

R12 683.25 PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

ATC South Africa Wireless

Cellular infrastructure

R17 251.39 PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

ATC South Africa Wireless

Cellular infrastructure

R9 966.45 PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

Mobile Telephone Networks (Pty) Ltd

Cellular infrastructure

R10 109.25 PM

R300 000.00 Minimal Infrastructure

01/08/2017

31/07/2020

Mobile Telephone Networks (Pty) Ltd

Cellular infrastructure

R13 367.23PM

R300 000.00 Minimal Infrastructure

01/03/2018

28/02/2021

Vodacom (Pty) Ltd

Cellular infrastructure

R1 712.93 PM

R250 000.00 Infrastructure on roof of existing building

01/02/2016

31/01/2019

Mobile Telephone Networks (Pty) Ltd

Cellular infrastructure

R2 383.00 PM

R300 000.00 Minimal Infrastructure

01/01/2018

31/12/2020

Railway Safety Regulator (RSR)

  1. (ii) None.
  2. (i) – (iii) Not applicable

Passenger Rail Agency of South Africa (PRASA)

Development lease: Un-serviced or excess land or space made available to developer or investor to develop the property on a long terms lease basis where after the property will revert to PRASA. Rental is based on land value. The value reflects the total Market Value.

(a)

Investor / Tenant Name

(b)(ii)

Value Rand

(b)(i)

Nature

(b)(iii)

Length

Metropolitan Life

R70,500,000

Retail development on Denneboom station development lease in Gauteng

50 years

Burnfields

R63,800,000

Office development at Rissik street Station development lease in Gauteng

50 years

Jonny Prop (Pty) Ltd

R19,800,000

Offices and filling station Rissik Station development lease in Gauteng

45 years

Erf 620 Hatfield (Pty) Ltd

R6,700,000

Offices at Rissik Station development lease in Gauteng

50 years

LYTTLETON COMMERCIAL PARK CC

R10,480,000

Industrial Park Centurion Station development lease in Gauteng

50 years

Redefine Properties (Pty) Ltd

R52,300,000

Shopping Centre- Acornhoek station development lease in Gauteng

40 years

Raeco

R12,200,000

Shop Fitting and Woodwork Related Business development lease in Western Cape

40 years

Nu-way Housing Development (Pty) Ltd

R31,700,000

Shopping Centre development lease in Western Cape

45 years

The Bells Trust

R27,300,000

Industrial / Retail development lease in Western Cape

90 years

Momentum Group Limited (Fairvest) / Nyanga Juction (002063)

R15,000,000

Retail Shopping Centre development lease in Western Cape

50 years

Observatory Business Park (Pty) Ltd

R387,500,000

Office Park and Parking development lease in Western Cape

45 years

Campwell Property Holdings CC

R15,100,000

Retail / Office development lease in Western Cape

45 years

Strand Junction Retail (Proprietary) Limited

R6,000,000

Convenience Shopping Centre development lease in Western Cape

45 years

Conlands Properties (PTY) Ltd (Namakwari Trust)

R5,000,000

Industrial development lease in Western Cape

39 years

The Haven Property Trust

R19,000,000

Warehouse/Factory with Office development lease in KZN

50 years

20 Intersite Avenue Pty Ltd

R10,100,000

Warehouse/Factory with Office development lease in KZN

50 years

BIDVEST Properties (Pty) Ltd

R16,400,000

Warehouse/Factory with Office development lease in KZN

50 years

Christopher Lee Investments CC

R8,350,000

Offices and Warehouse development lease in KZN

50 years

Corpclo 486 CC LTD/Lot 422 Umgeni Park CC

R10,000,000

Offices and Warehouse development lease in KZN

50 years

Dawn Projects & Properties c.c

R10,180,000

Offices and Warehouse development lease in KZN

50 years

GEOSURE - PROP AF was ceded to GEOSURE

R8,860,000

Warehouse development lease in KZN

50 years

Glenridge Station Trust

R15,270,000

Church/conference centre development lease in KZN

23 years

Gold Lemon Investments CC

R6,000,000

Offices development lease in KZN

50 years

Haloworx Investments (Pty) Ltd

R33,800,000

Warehouse/Factory with Office development lease in KZN

50 years

Henque 2129 CC-ceded to 126 Intersite Avenue

R12,100,000

Entertainment Hall development lease in KZN

50 years

Hirt & Carter Property Trust

R98,300,000

Warehouse/Factory with Office development lease in KZN

50 years

Imperilog Holdings (Pty) Ltd

R7,030,000

Warehouse/Factory with Office development lease in KZN

50 years

Iraco Family Trust

R4,370,000

Showroom and Workshop development lease in KZN

50 years

Iraco Family Trust

R4,900,000

Warehouse/Factory with Office development lease in KZN

50 years

Iraco Family Trust

R7,820,000

Warehouse/Factory with Office development lease in KZN

50 years

Iraco Family Trust

R9,160,000

Warehouse/Factory with Office development lease in KZN

50 years

Keenland Investment125 (Pty) Ltd

R17,300,000

Warehouse/Factory with Office development lease in KZN

50 years

KwaMnyandu Shopping Centre

R280,000,000

Retail development lease in KZN

17 years

MEGAPHASE ceded from SRITU FAMILY TRUST

R8,230,000

Offices and Warehouse development lease in KZN

50 years

MJ & JL Investments (Pty) Ltd

R4,600,000

Warehouse/Factory with Office development lease in KZN

50 years

New-Spot Investments (Pty) Ltd( Remainder of Erf 251 Springfield)

R37,020,000

Offices and factory development lease in KZN

50 years

Noriprop 2 (Pty) Ltd. (Erven 412, 413, 414, 415, and 416)

R48,700,000

mini storage facility development lease in KZN

50 years

Quick Leap Investments 346 (Pty) Ltd

R46,900,000

Offices/Retail development lease in KZN

30 years

Rosetree Investments (Pty) Ltd

R11,400,000

Mini – Factory development lease in KZN

50 years

SA Corporate Real Estate Fund

R18,820,000

Warehouse/Factory with Office development lease in KZN

50 years

Shaik Iqbal Mustapha Essop

R9.090.000

Offices and Warehouse development lease in KZN

50 years

Shave Paint Centre (Pty) Ltd

R8.700.000

Offices and Warehouse development lease in KZN

50 years

Sipan 1 (Pty) Ltd

R32,300,000

Warehouse/Factory with Office development lease in KZN

50 years

The A & M Hirsch Family Trust

R27,400000

Showroom/Workshop/Offices development lease in KZN

48 years

The Emira Property Fund

R11,200,000

Offices and Warehouse development lease in KZN

50 years

The Emira Property Fund

R13,500,000

Warehouse development lease in KZN

50 years

The Emira Property Fund

R6,190,000

Mini – Factory development lease in KZN

50 years

The Emira Property Fund

R40,300,000

Warehouse/Factory with Office development lease in KZN

50 years

The Haven Property Trust

R19,000,000

Warehouse/Factory with Office development lease in KZN

50 years

The Vallabh Property Trust

R590,000

Offices development lease in KZN

50 years

Townston Properties (Pty) Ltd

R11,500,000

Offices and Filling station development lease in KZN

25 years

UMGENI JUNCTION 2 (PTY) LTD

R14,200,000

Retail development lease in KZN

50 years

Whirlprops 25 (Pty) Ltd

R118,000,000

Warehouse/Factory with Office development lease in KZN

50 years

Arnold Properties (Pty) Ltd.

R237,600,000

Retail development lease in KZN

50 years

Kwazulu FInance & Investment

R76,100,000

Mini - Factory Complex development lease in KZN

50 years

Mergence Africa Property Investment Trust

R22,600,000

Retail development lease in KZN

50 years

UMGENI JUNCTION 1 (PTY) LTD

R69,900,000

Retail development lease in KZN

50 years

Hotel Formula 1 (Pty) Ltd

R530,000

Hotel development lease in KZN

50 years

The Acorn Trust

R5,600,000

Retail/Service Station development lease in KZN

50 years

Lenz Station Mall cc

R21,100000

Mall development at Lenazia station development lease in Gauteng

35 years

Rasbora Investments cc.

R 6 500 000

Retail & workshops development lease in Gauteng

50 years

Mergance Africa Property Investment Trust ceded from Taxi prop Development (Pty) Ltd

R60,300,000

Randfontein Mall development lease in Gauteng

50 years

Discus House (Pty) Ltd

R104,400,000

Retail at Kempton Park station development lease in Gauteng

40 years

Vidual Investments (Pty) Ltd

R7,000,000

Hotel Formula 1 development lease in Gauteng

50 years

Kwamyandu shopping centre Pty Ltd

R250,000,000

22 000m2 of Retail development in KZN. Currently Trading

25 years with 10 year option to renew

Nuway Holdings Pty (Ltd)

R55,000,000

Long term lease: 4 500m2 of retail development at Langa Junction in Western Cape. Currently Trading

45 years

Eris-Accessio JV

R1,5 billion for both phases over a period of 5 years

Long term lease - Development consisting of two phases of approximately 67 000m2 retail and light industrial warehouse units at Umgeni Business Park (KZN) in Construction

40 years with an option to renew for a further 10 years

Mandulo Property Partners

R180,000,000

Long term lease - Retail development of approximately 11 100m2 at Umlazi KZN in Pre-construction

25 years with an option to renew for a further 10 years

South African Maritime Safety Authority (SAMSA)

(a)(i) (ii) Does not invest to any land

  1. (i) – (iii) Not applicable

South African Civil Aviation Authority (SACAA)

Not Applicable to SACAA as it does not own any land.

(b) (i) – (iii) Not applicable

Air Traffic Navigation Services (ATNS)

(a) Not Applicable to SACAA as it does not own any land.

(b) (i) – (iii) Not applicable

Airports Company South Africa (ACSA)

For ACSA’s portfolio under land leases with third party investors, the following developments refer:

OR Tambo International Airport

  1. RMB Properties (Pty) Ltd
  2. (i) land lease

(b)(ii) Upfront lease premium of R21m; from 14th to 25th anniversary, 15% of Adjusted Net Operating Income; and from 25th anniversary to Termination date, 20% of Adjusted Net Operating Income

(b)(iii) Commenced in 2006 for 40 years

Cape Town International Airport

  1. DHL
  2. (i) land lease

(b)(ii) Upfront lease premium of R6,3m, turnover rental 15% of gross rentals after 12 years (Currently R169,000 pm)

(b) (iii) Commenced in June 2005 for 40 years

  1. Massmart
  2. (i) land lease

(b)(ii) Upfront lease premium of R7,8m, turnover rental 25% of net rentals after 13 years of sub-lease

(b)(iii) Commenced in June 2008 for 40 years

(a) City Lodge

(b) (i) land lease

(b)(ii) The greater of the monthly rental of R13,000 (Currently R54,000 pm) escalating with 10% annually or turnover rental equal to 3% of annual sales when occupancy is less than 85% / 5% when occupancy is more than 85%

(b)(iii) Commenced in March 2002 for 20 years with a 10-year renewal option

Ports Regulator of South Africa (PRSA)

  1. (ii) The Ports Regulator does not own any land, nor has it owned any land in the past. There are no plans either to acquire any land in the future.
  2. (b) (i) – (iii) Not applicable

Source file