City Property SA

What City Property SA does

City Property SA (legal name City Property Administration, also operating under the "City Property" brand) is a privately held South African property management company founded in 1968 and headquartered at 101 Du Toit Street, Pretoria. The company manages a portfolio exceeding 600 diverse properties — reported elsewhere as over 12,000 residential flats — spanning residential apartments, commercial offices, retail spaces, industrial premises, and event venues concentrated in the Johannesburg and Pretoria central business districts, with additional footprint in Kempton Park and Hatfield. It serves residential tenants (students, young professionals, families), commercial and industrial tenants (including national retailers such as Shoprite, financial institutions such as Nedbank, and government/parastatal entities), and event organisers, positioning itself around inner-city rejuvenation and community building alongside core leasing.

The company operates a direct-to-consumer go-to-market motion built on online property listings, online enquiry and application forms, on-site building managers, a centralised customer service centre, and the "Leasa" WhatsApp chatbot for automated enquiries. Its technology surface includes a digital leasing platform with instant credit checks, digital property inspection and maintenance tracking tools, the MyPortal tenant portal for payments and applications, AI-powered building security systems, biometric access control, smart/energy-efficient building systems with predictive maintenance, and prepaid electricity and metered water. It has layered ancillary services onto its residential base, including The Wash Bar self-service laundromats, the Kibooks e-library, Health Connect Medical Suites, and a Dis-Chem community clinic.

Revenue is generated primarily through recurring residential and commercial property rentals, supplemented by event-venue hire and priced amenities. Pricing is quote-based and not publicly disclosed, varying by property type, location, and size; only select ancillary services carry published prices (e.g., R30 per wash / R32 per dry at The Wash Bar; R70–R150 Dis-Chem clinic consultations). The company reports serving 180,759 customers over the September 2016–August 2017 period and is led by Managing Director Jeffrey Wapnick, with the brand also associated in the data with the "Octodec" name.

Name

City Property SA

Legal name

City Property Administration

Website

https://cityproperty.co.za

Company type

Private

Founded year

1968

Operating status

Operating

Headcount range

501–1,000 employees

Short description

City Property SA is a Pretoria-based, family-led property management firm founded in 1968, managing over 600 residential, commercial, retail, industrial, and event properties across Gauteng's inner cities and serving tenants, retailers, and government entities.

Ownership category

akta.pro rank

Product category

Commercial and Residential Property Management

NAICS

Lessors of Real Estate (5311), Rental and Leasing Services (532), Lessors of Nonresidential Buildings (except Miniwarehouses) (53112)

SIC

Real Estate Dealers (For Their Own Account) (6532), Real Estate Agents & Managers (For Others) (6531)

akta.pro primary industry

HOA / Condominium Association Management (BPAJAFAH)

akta.pro secondary industry

Healthcare & Medical Office Property Management (BPAJAGAF)

Keywords

• Residential property rentals
• Commercial property management
• Student accommodation
• Event venue rentals
• Property asset management

Headquarters

HQ city

Pretoria

HQ country

South Africa

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Residential Property Rentals: Revenue from renting apartments and residential units across Johannesburg, Pretoria, Hatfield, and Kempton Park. Properties include student accommodation (The Fields, Howzit Hilda), shared units, and private apartments.
2. Commercial Property Rentals: Revenue from renting office spaces, retail shops, and industrial properties to businesses.
3. Event Venue Hire: Revenue from hiring out event spaces at venues like 012central, Bank Towers, Prinschurch, Jardown, and Capitol Towers.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

City Property SA owns, manages and leases a portfolio of more than 600 residential, commercial, retail, industrial and event properties across Gauteng (primarily Johannesburg, Pretoria, Kempton Park and Hatfield). Its core revenue is generated from letting apartments, offices, retail shops, industrial units, student residences (The Fields, Howzit Hilda) and event venues (012central, Bank Towers, Prinschurch, Jardown, Capitol Towers) to tenants, with ancillary services such as a laundromat (The Wash Bar) and a free e-library (Kibooks).

Product overview

City Property SA is a property management company operating over 600 residential and commercial properties across Johannesburg, Pretoria, Kempton Park, and Hatfield in South Africa. The company offers a diverse property portfolio including apartments, offices, retail spaces, industrial properties, and event venues. Their residential offerings span from student accommodation (The Fields, Howzit Hilda) to family apartments, while commercial offerings include office spaces and retail shops. The company provides digital tenant services through MyPortal online portal and Leasa WhatsApp chatbot, alongside physical amenities including Health Connect Medical Suites, The Wash Bar laundromat service, and Kibooks e-library. Notable properties include Killarney Mall (retail), 012central event precinct, and various student residences near the University of Pretoria.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Apartments Rental apartments across Johannesburg, Pretoria, Kempton Park and Hatfield, including studio, one-bedroom and multi-bedroom units with 24-hour security, biometric access, DStv connectivity, prepaid utilities and on-site building managers.
• Commercial Office Space Office rentals in central business districts of Johannesburg and Pretoria, catering to businesses of various sizes with flexible commercial leasing options.
• Retail Space Retail property rentals including shopping centre spaces (e.g., Killarney Mall, Woodmead Value Mart) and street-level shops across the property portfolio.
• Industrial Properties Industrial and warehouse rental properties for manufacturing, storage and commercial operations in Johannesburg and Pretoria.
• Event Venues Event space rentals at venues including 012central precinct (up to 1,200 guests), Bank Towers, Prinschurch, Jardown and 012 Central event spaces for conferences, TEDxPretoria and community gatherings.
• The Fields Student Accommodation Purpose-built student residence in Hatfield, Pretoria near the University of Pretoria, featuring shared and private room options, a student centre, 24-hour security, biometric access and on-site laundry facilities.
• Howzit Hilda Student Accommodation Student housing in Hatfield with sharing and private rooms, biometric access control, 24-hour security and proximity to Gautrain, University of Pretoria and shopping centres.
• Health Connect Medical Suites Modern health precinct in Pretoria offering medical and dental consultation rooms, healthcare services and a bridge connection to Louis Pasteur Hospital.
• The Wash Bar Laundromat Service Self-service laundromat offering 24-hour washing and drying facilities with cashless Zapper payments, located at The Fields and Sharon's Place properties; R30 per wash and R32 per dry, with The Fields residents receiving four complimentary washes and dries per month.
• Kibooks E-Library Free digital library accessible to residents featuring hundreds of children's books across 11 South African languages with no data costs.
• 012central Creative Precinct Creative hub in Pretoria hosting events, markets, art installations and the TEDxPretoria venue with capacity for up to 1,200 guests.

Quantifiable outcome

• Served 180,759 customers during 2016-2017 period
• +2 more outcomes

Named customers5 records

Segments6 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

23 partnerships are on record, tiered core, supporting and major.

• 012centralcoreStrategic or Co-development Partner · 1 June 2026Creative hub of Pretoria hosting events, TEDxPretoria, and community gatherings. The cornerstone venue of the precinct accommodates up to 1200 guests.
• Fire Ops SAsupportingStrategic or Co-development Partner · 1 April 2026Fire safety partnership announced in April 2026 for strengthening safety measures at City Property buildings.
• Kansai PlasconsupportingStrategic or Co-development Partner · 1 April 2024Paint donations for Church Square improvement project. Partnership decades-long with Kansai Plascon donating paint and paint stripper for kiosks and graffiti removal.
• Mian IndustriessupportingImplementation/ SI/ Consulting Partner · 1 April 2024Contractor for Church Square painting project with paint supervisors overseeing quality and skills transfer.
• Valcer ConstructionsupportingImplementation/ SI/ Consulting Partner · 1 April 2024Contractor for Church Square painting project.
• Dis-ChemmajorStrategic or Co-development Partner · 1 February 2024Partnership to establish a Dis-Chem community clinic at 273 Thabo Sehume Street. Clinic provides affordable healthcare with R70 nurse consultations and R150 nurse + doctor consultations. Can assist up to 120 people daily.
• CotlandsmajorStrategic or Co-development Partner · 1 January 2024Partnership with Cotlands (87-year track record) and Annah Gumbi for Kamane Educare Centre at Pete's Place. Cotlands provides early learning initiatives for vulnerable children through play-based learning. Centre opened January 2024.
• Santa Shoebox InitiativecoreStrategic or Co-development Partner · 1 December 2023Since 2015 partnership. Provided rent-free warehouse space since 2020 as administration hub. 5,562 Santa Shoeboxes pledged and delivered. Staff decorate themed boxes with clothing, stationery, toys, toiletries and cards.
• Capital CollectivecoreStrategic or Co-development Partner · 1 October 2023Founding member of Church Square Revival Project (CSRP). Capital Collective drives the public-private partnership initiative to rejuvenate Church Square into a thriving tourist destination and public space.
• City of Tshwane MunicipalitycoreStrategic or Co-development Partner · 1 October 2023Key stakeholder in Church Square Revival Project. Municipality supports the public-private partnership for urban rejuvenation and cleaner, more accessible public spaces.
• TMPD (Tshwane Metro Police Department)supportingStrategic or Co-development Partner · 1 October 2023Security and law enforcement partner in Church Square Revival Project contributing to making the area cleaner and safer.
• SAPS (South African Police Service)supportingStrategic or Co-development Partner · 1 October 2023Security partner in Church Square Revival Project contributing to safety improvements in the area.
• Pretoria Society of AdvocatessupportingStrategic or Co-development Partner · 1 October 2023Professional body partner in Church Square Revival Project.
• ATW ConstructionsupportingImplementation/ SI/ Consulting Partner · 1 October 2023Rental of cherry picker and draping services for Springbok statue installation at Church Square, with Alwin Wallace and staff providing assistance.
• Studio TakisupportingStrategic or Co-development Partner · 1 October 2023Design, printing and draping of Paul Kruger statue in Springbok colours for Rugby World Cup support. Team included Goodwill Mokoka, Ghadijah Selomi, Omphile Ditabo and Moses Moeng.
• Dalas Fashion DesignssupportingStrategic or Co-development Partner · 1 October 2023Seamstress Pascal Zounon contributed to Springbok statue draping project.
• Louis Pasteur HospitalmajorStrategic or Co-development Partner · 1 September 2023Partnership to create a health precinct connecting Health Connect medical suites with Louis Pasteur Hospital via a fourth-floor bridge. Enables easy patient and healthcare worker movement between facilities. Located at intersection of Francis Baard and Sisulu Street.
• Rise Against HungercoreStrategic or Co-development Partner · 1 August 2023Continued partnership with Rise Against Hunger for annual meal packing events. Most recent packing yielded over 115,000 meals for children in Gauteng ECD centres. Meals include rice, soya, dried veggies with vital minerals and vitamins meeting UNICEF standards.
• Kansai PlasconsupportingStrategic or Co-development Partner · 1 July 2023Colour My City project with cleaning and revitalising planter boxes across Pretoria city with vibrant flower displays at Church Square and public spaces.
• Danish EmbassysupportingStrategic or Co-development Partner · 1 March 2018Partner in hosting the SheDecides movement conference at 012central precinct. Event coincided with human rights month with politicians and young leaders from across Africa.
• United Nations Population Fund (UNFPA)supportingStrategic or Co-development Partner · 1 March 2018Co-host of SheDecides movement conference at 012central with TED-style talks and panel discussions on women's rights.
• Griesel Nel IncorporatedsupportingImplementation/ SI/ Consulting Partner · 1 October 2017Independent auditors ensuring broker competition carried out according to law.
• Rise Against HungercoreStrategic or Co-development Partner · 1 July 2017Ongoing partnership for annual meal-packing events. City Property staff pack meals to support hungry children in Gauteng. Partnership includes Mandela Day initiatives packing 72,576 meals in 2017 and 100,440 meals in 2018. Over six years, nearly 760,000 meals have been packed through this partnership.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Redefine Properties: JSE-listed REIT with large diversified office, retail, and industrial portfolio across South Africa and select international markets. Comparable diversified property ownership model, though its scale, international exposure, and capital market access exceed City Property's.
• Growthpoint Properties: Largest JSE-listed REIT with diversified exposure across office, retail, industrial, and development properties across South Africa, Australia, and the UK. Comparable business model (own, manage, develop) and blue-chip tenant roster, but at far greater scale and with international diversification.

Regional players

• Resilient REIT: JSE-listed REIT focused on regional shopping centres across South Africa and Nigeria. Comparable retail property orientation, though its mall-focused portfolio and broader African exposure differ from City Property's CBD-centric residential-commercial mix.
• Attacq Limited: JSE-listed REIT anchored by Waterfall City mixed-use development in Midrand, Gauteng. Comparable geographic focus (Gauteng) and exposure to mixed-use precincts, though newer and more development-pipeline oriented than City Property's stabilized CBD portfolio.

Direct peers

• Hyprop Investments: JSE-listed REIT focused on dominant super-regional shopping centres in South Africa and Eastern Europe. Comparable in that it owns and actively manages retail-anchored properties including mall assets (Killarney Mall is a City Property retail anchor), though more upscale and lower-leverage than City Property.
• Equites Property Fund: JSE-listed specialist logistics and industrial REIT with significant exposure to modern warehouses and distribution centres. Comparable in its specialized industrial property focus (a category City Property also operates in) and JSE-listed capital structure.
• Emira Property Fund: JSE-listed diversified REIT owning office, retail, and industrial properties across South Africa. Comparable diversified property model with similar tenant base (national retailers, corporates) and recurring rental revenue model.
• Vukile Property Fund: JSE-listed REIT with strong retail-focused South African portfolio plus Spanish retail exposure. Comparable in property management orientation and urban/convenience retail focus, though less weighted to inner-city residential.
• Octodec Investments: JSE-listed REIT focused on inner-city residential, retail, and office properties in Pretoria and Johannesburg CBDs—virtually the same urban core as City Property. Listed under the 'Octodec' DBA in City Property's profile, indicating either a parent/affiliate relationship or shared branding, making it the closest direct comparable for portfolio composition and geographic exposure.
• SA Corporate Real Estate Fund: JSE-listed REIT with diversified exposure across industrial, retail, and office properties in South Africa. Comparable in business model (own-and-manage) and tenant base (SME and corporate), though less concentrated in CBD residential than City Property.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/CityProperty
• Xx.com/CityPropertySA
• LinkedInlinkedin.com/company/city-property-administration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about City Property SA