Parastatal Property and Planning

Abstract

The aim of this paper is to create an awareness of the challenges and opportunities that the development of parastatal properties provide for government, the business sector and built environment professionals. A distinction is made among various types of state owned land. An overview is provided of the 21 largest parastatal organisations in South Africa. The functions of four property units in the public sector are elaborated on in case studies. It is found that the more efficient utilisation of parastatal property assets could have a significant impact on the planning and development of the built environment in South Africa.