The name Permanent Trust (Management) (Pty) Ltd has been synonymous with Property for many years, having been founded in 1923. Our offices are currently situated in the Central Business District of Cape Town, which enables us to manage properties throughout the Peninsula.
The Sale of Houses and Apartment Blocks became the main emphasis of the Company from 1936 and this remained unchanged until 1970’s. In addition, the firm actively sought out and sold investment sites to developers for the erection of the Apartment Blocks. The Company has always been associated with Property Sales and Property Leasing, and currently has a successful Commercial and Industrial Broking Team who handle enquiries in this regard.
Demand led to the firm’s Property Division increasing in size, in order to handle the management and Rent Collection of many Apartment Blocks in the Peninsula.
This was followed by the formation of a Commercial and Industrial Property Management Division, for the management of Commercial and Industrial Properties. Some years later, a Sectional Title Division was formed and this division currently manages a large portfolio of Sectional Title and Home Owner’s Association Properties, including both Commercial and Residential properties and also mixed-use buildings. Our Sectional Title Portfolio Managers are experienced and suitably qualified to assist clients.
With the growth of the Company, state of the art technology was purchased to assist the Property Management Division. We are able to produce computer-generated reports, such as Cash Flows, Rent Rolls, Tenancy Schedules and other Financial Reporting on a regular basis.
The Management and Directors of Permanent Trust (Management) (Pty) Ltd, have many years of experience in most facets of property, and they are able to offer clients a friendly, professional and efficient service. Furthermore, they have access to other Property Professionals, should their services be required.
It is our objective to improve the Investment Value of client’s Properties managed by us.