Residential development summit to foster govt, private sector collaboration

Reside Summit chairperson Debbie Tagg

Reside Summit chairperson Debbie Tagg

15th February 2024

By: Schalk Burger

Creamer Media Senior Deputy Editor


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The Residential Investment and Development (Reside) Summit, which will be held in Johannesburg from July 16 to 19, has a key objective to foster collaboration between governmental stakeholders and the private sector and break down barriers to residential development and investment.

By bringing together key players from across the industry value chain, the summit aims to enable and incentivise private-sector players to achieve housing for all, reduce development costs in the South African economy and enable swifter State approval of projects, says Reside Summit chairperson Debbie Tagg.

“Following the success of the inaugural event in 2023, our goal was to secure the participation of all key industry players and thought leaders in 2024 to ensure the comprehensive representation of all stakeholders. The theme for the 2024 summit is 'Transforming Spaces, Enriching Lives'.

“We have secured the support of 30 industry bodies, each contributing a unique perspective to the residential sector. These include the Housing Development Agency, National Home Builders Registration Council, National Housing Finance Corporation, the Property Practitioners Regulatory Authority and the Social Housing Regulatory Authority,” she says.

The areas to be covered by Reside 2024 include Reconstruction and Development Programme (RDP) housing, social and affordable housing, student accommodation, retirement estates and multi-family dwellings.

Local government will also be represented, and land opportunities explored. The event brings together all the diverse stakeholders shaping South Africa's residential sector, from governmental agencies and private investors to construction firms and financial institutions, she notes.

“By bridging the gaps between the stakeholders, we can work together to unlock the potential of residential investment and development to drive economic growth, social inclusion and sustainable communities in South Africa,” Tagg says.

Further, the Reside Summit InvestorCon event is designed for property investors who want to improve and grow their businesses. It will deliver practical, powerful lessons, and includes a series of high energy evening workshops and network sessions, which have been split into three dedicated business streams. InvestorCon will also examine topics like buying property to let, Airbnb and more, she adds.

Reside 2024’s lineup of attendees includes banks, construction companies, developers, investors and insurers to pension funds, private equity firms, municipalities, local and national government.

“Reside 2024 will set new benchmarks, spark transformative discussions and chart a course towards a more inclusive and sustainable housing future for all South Africans,” Tagg avers.

“This event serves as a beacon of hope for South Africa's housing future. As a partner of the summit, the South African Multifamily Residential Rental Association (Samrra) is committed to promoting multifamily rental as an attractive investment opportunity and driving positive change in the residential sector,” says Samrra CEO Myles Kritzinger.

The summit has six key events, including the Reside conference and expo, the Reside InvestorCon, Reside Masterclasses, the Reside Local Government Showcase, the Reside Awards and the Reside Real Estate Technology conference.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online



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