The South African Institute of Valuers (SAIV) hosted the Berg Seminar at Cathedral Peak Hotel, nestled in the beautiful and serene mountains of the Drakensberg. Taking place over 2days, the event kicked-off on Friday, 28 October and featured knowledgeable speakers providing insightful presentations. Georgina Smit, head of technical at the Green Building Council South Africa (GBCSA) presented on ‘The Race to Net Zero’ and ‘The role of GBCSA in coordinating compliance across sectors’, followed by Vice President at MSCI Inc, Eileen Andrew discussing her topic ‘Commercial Property: Performance Metrics (as they relate to ESG)’.
There was a panel discussion on ‘Sustainability Regulations & Standards: Their Effects on Asset Values’ led by SAIV past president and Spectrum Valuations and Asset Solutions CEO Patrick O’Connell. Panelists included SAIV president Malusi Mthuli; Georgina Smit; MSCI Inc vice president Eileen Andrew and Clive Munien from eThekwini Municipality.
After the panel discussion, the ‘Cost of Green Building Initiatives’ was presented by Danie Hoffman, senior lecturer & programme leader of quantity surveying at the University of Pretoria’s Faculty of Engineering, Built Environment and Information Technology. He was followed by Laurie Pool, professional valuer at Suid-Kaap Waardeerders, who discussed the ‘Valuation of solar and wind farms – A valuer’s perspective’.
The second day of the seminar kicked off with a presentation by Eileen Andrew discussing ‘Market Trends in the Listed Property Sector’. This was followed by the topic ‘Land without Good Grass is Worth Nothing’ presented by Dr Francois Deacon, senior lecturer at the University of the Free State’s Department of Animal, Wildlife and Grassland Sciences.
Overall, the Berg seminar was filled with great discussions around the ESG theme which is a topical item that will continue to receive more attention now and in the future.