The CEO of the Property Sector Charter Council, (PSCC), Portia Tau-Sekati, says SA’s real estate sector has shown a strong commitment to transformation, but work needs to be done to convince black talent to pursue careers in property. The PSCC launched the 2015-2016 State of Transformation report for the property sector last week, coinciding with the gazetting of the Amended Property Sector Code. "We need to make property an attractive industry in which people can develop a career," Tau-Sekati said. "The sector is too reliant on getting talent from the financial services sector." Commenting on the research, she said transformation was varied across the sector. "The commercial property sector leads the progress in transformation, but on the other hand the residential property sector is lagging behind with a very limited number of broad-based black economic empowerment certificates submitted." What’s more, the report showed the public sector "isn’t taking an active lead in transformat...
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