Forsite specializes in the retail property sector, providing retail space to tenants in shopping centres. We also assist property Landlords to market and develop new and existing retail space.

Prospective tenants and property owners alike always have direct access to our management team. Having your best interests at heart, we are flexible in our approach. Coming up with unconventional but workable solutions that ensure the best fit for both tenants and landlords.

Tenants

The Forsite team understands the concerns you may have when setting up business in a new location.

Our aim is to gain a full understanding of your business objectives and then source a commercially viable retail space for your enterprise, taking your specific requirements into consideration. This includes negotiating with landlords on your behalf to provide a cost-effective leasing solution, tailor-made to suit your needs.

In addition to leasing retail space in shopping centres, we also assist in the marketing and development of new and existing retail space. Drawing on our establishment relationships with national retailers and franchises. Our knowledge of market-related rentals and leasing conditions, and our continuous appraisal of the dynamics of each retail development and customer buying behaviour, we find the best possible tenant mix to maximise the potential of each shopping centre, and generate the highest return on investment.

Our comprehensive leasing and strategy services include:

• Retail market analysis;
• Development planning (tenant mix and rental budgets);
• Liaising with architects and quantity surveyors to ensure optimal centre layout and feasibility;
• Sourcing suitable tenants;
• Negotiation and preparation of leases;
• Lease administration (documentation, review and renewal of leases)
• Strong relationships with South Africa's key national retailers

Forsite specializes in the retail property sector, providing retail space to tenants in shopping centres.

Prospective tenants have direct access to our management team. Having their best interests at heart, we are flexible in our approach. Coming up with unconventional but workable solutions that ensure the best fit for both tenants and landlords.

Tenants

The Forsite team understands the concerns you may have when setting up business in a new location.

Our aim is to gain a full understanding of each tenant's business objectives and then source a commercially viable retail space for their enterprise.

Vertias is a vibrant project management company with its roots deeply entrenched in property development, construction and architecture. This 360-degree point of view has proved to be a major advantage when measured against our competitors in the field, as it gives us a thorough understanding and know-how of all spheres of the related industries.

Due to a need arising from our clients, we also include expert witness services as well as building audits for most of the listed property funds. We have work from Cape Town to Giyani and beyond. At Vertias, we run projects based on on-site experience rather than theoretical know-how. We thus understand what is at stake, firsthand, for each stakeholder in a project. As a company entrusted to manage large capital investments on behalf of our clients, we are conscious of always being measured against a strict moral code of conduct.

We understand the pressures and manage expectations, ensuring that the job gets done in an expert manner with the project and clients’ best interests always at heart.

What sets us apart:

• Acting as the primary contractor, we deliver maximum value, making each rand of capex count
• Lower construction costs
• The project management team is involved in every aspect of development/redevelopment
• We are able to deliver within shorter timelines

PERISCOPIC (a division of Forsite (Pty) Ltd) was officially formed in 2013.

Our unique combination of expertise has built an innovative, influential and proudly South African company headed up by some of Southern Africa’s most respected and experienced property experts.

A highly qualified team of professionals ensure excellent standards are upheld throughout the company’s impressive portfolio. Our philosophy is simple – to treat each property as if it was our own.

We place a high value on our culture of sincere, committed partnerships in all our properties. We operate primarily within the myriad of sustainable opportunities presented by urban and rural retail property investments in Southern Africa.

We are able to generate superior returns on our portfolio by:

• Maximising operating efficiencies
• Increasing rental income and reducing vacancies
• Minimising operating expenses
• Improving on utility recoveries
• Keeping arrears to a minimum
• Keeping in-depth accounting and operation reports through MDA
• Planning lifecycle maintenance

We take declining assets and make them grow again. Because we are actively involved in the process, our properties undergo a significant transformation and, in turn. perform better. Ultimately, our redevelopment efforts increase foot traffic and long-term sales by creating a better quality shopper experience.

Each property is seen as a separate business for which a unique growth strategy is developed and executed.

Our active approach to investing means we don't just purchase a property and let things play out.
We have the vision to see the potential, and the application, stamina and expertise to actively realise it.

We unlock hidden value in these properties by changing fundamentals such as:

• Optimising the flow
• Adding bulk (more built space)
• Increasing foot traffic into the centre
• Optimising the tenant mix (by changing, and/or bringing in new national retailers)
• Redesigning the centre
• Upgrading the facade and internal mall areas

Through rigorous investment processes, we evaluate market opportunities, risks, trends and pressures. At the same time, we pride ourselves on continuously challenging prevailing investment methods. This allows us to capitalise on many high-value properties overlooked by more conservative analysts. In the long run, we measure our success not just in terms. of investment performance, but also in terms of the contribution our investment assets make to the communities in which we operate.