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Broll Ghana Starts 10th Anniversary with Media Launch

By GNA
Business & Finance Broll Ghana Starts 10th Anniversary with Media Launch
APR 29, 2016 LISTEN

Accra, April 29, GNA - Broll Ghana, the nation's premier formalised property and related services company on Thursday launched its 10th anniversary celebration in Accra, on the theme: 'From Trailblazer to Torchbearer - 10 Years of Leadership in property related services.'

The anniversary activities include executive interviews on radio, press tours, a cocktail with Chief Executive Officer (CEO), a health walk on May 2 and a number of corporate social responsibilities.

Speaking at a media launch of the anniversary in Accra, Mr Kofi Ampong, CEO of Broll Ghana, noted that a decade in the life of a successful corporate entity, operating in Africa's challenging business environment is a milestone worth celebrating.

In 2006, Broll Ghana was established primarily to address the lack of maintenance in the real estate sector and also free corporate bodies from the huge cost of managing their assets.

'The journey has not only been exciting and eventful. It has been spiced with useful lessons and above all it had been rewarding and fulfilling. For all along, I have always harboured the idea of crusading the importance property management in Ghana.

'The aim of creating Broll Ghana was to have an organisation that could deliver an 'Integrated approach' to the provision of property management,' he said.

Broll Ghana is a Joint Venture between Broll Property Group of South Africa - 51 per cent, Social Security and National Insurance Trust (SSNIT) - 32 per cent and SIC - 17 per cent.

Broll Ghana is the largest Corporate Real Estate Advisor in Ghana.

It offers the full spectrum of property-related services namely; property management and facilities management services.

Mr Ampong said Broll Ghana Limited is now a multi-disciplinary professional service firm providing property consultancy services in seven core areas of Retail Management, Commercial Broking, Corporate Real Estates, Valuation and Advisory and Residential Property Management.

The rest are Market Research, Retail Broking, Facilities Management and Property Management.

The clientele base of the company has increased from two to 24.

The current portfolio includes Atterbury/Sanlam (Accra Mall), Delico Investment (West Hills Mall & Achimota Retail Centre), RMB West (The Junction Mall, SSNIT, SIC Insurance Company, Ghana Shippers Authority, Ernest Chemist, National Communications Authority, Judicial Service, MTN, Kasapreko, and A&C Development.

Other properties managed by Broll Ghana are World Trade Centre, Pool Court and Polish Height, Bertha Court, Bradford Charles, Cascade, the Ridge Tower, Nester Square, Dreams Court, The Law Court Complex, Amenfi, and Nicholas Plazas, Accra Financial Centre, MTN properties nationwide and A&C Square.

'Lately we have added new acquisitions such as; Marina Mall - 9,000sqm, NCA - 10,800sqm, Oxford Street Mall - 6,500sqm and Ghana Shippers House - 6,200sqm.

'Since Broll Ghana Limited came into being, a lot of Property Management firms namely; UT Properties, Vanguard Properties, HFC Realty, Y Kumey, Manet Properties, MMC Properties, Gold Key Properties etc have been established.

'Foreign companies like JHI, Knight - Frank and Jones Lang Lasalle have also entered the market, which is good.

'It's not just the journey that strikes me - it's the lessons learnt from dealing with demanding clients, abrasive tenants, malfunctioning mechanical and electrical installations and lastly the company turning into a training ground for practitioners in the Property Management industry, 'Mr Ampong said.

He said the proactive approach of Broll Ghana has resulted in the company becoming the leading service provider in the growing and highly competitive sector.

Mr Ampong said: We strive at all times to offer service models that are tailor-made to our client's specific needs.

'The four cornerstones to our success in property management, is underpinned by the following principles: Our relatively flat management structure empowers staff to take responsibility and act on their own initiative.

'This flexibility means that client requests can be fulfilled quickly and efficiently; Process: Through Broll -Online, our industry leading proprietary software, clients can monitor all important management criteria from the comfort of their offices or homes, Position: Regardless of where your commercial properties are located, we can be of service.

'Performance: Clients get the benefit of exposure to global best practice thanks to our partnership with global property -services provider CBRE (CB Richard Ellis).'

Broll Ghana begun with 45,000 square meters of space but now manages properties with total space if 290,301 with an asset value of about $736,000,000

It started with a staff of six but now employs directly 145 people and indirectly employs hundreds of people through various service providers.

Broll Ghana is currently managing all the seven Western Style Shopping Malls in Accra.

The direct involvement of the company in retail management has brought to the fore enormous opportunities that majority of people are not taking advantage and Broll Ghana is recommending them to financial institutions and investors.

Broll Ghana for the past seven years have consistently won industry awards and the recent ones being; Winner 2012 Ghana Property Awards for Best Facilities Management Company, 2013 Ghana Property Awards for Best Property Management Company, 2014 Ghana Property Awards for Best Brokerage Company and 2015 Ghana Property Awards for Best Valuation Company and Property Management Company.

GNA

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