COMMUTER RAIL STATIONS AND PROPERTIES

Commuter rail stations and properties are managed and developed by Intersite Property Management Services (Pty) Ltd (Intersite).

Intersite is a wholly owned subsidiary of SARCC that was formed in 1992.

The commuter rail portfolio comprises of 478 stations, 4 200 hectares of land and property in the major metropolitan areas of Johannesburg, Pretoria, Durban and Cape Town.

Over and above the building of new stations, upgrading and maintaining stations, Intersite is commercialising them and generates income for commuter rail.

In 1998, INTERSITE was awarded a management contract by the South African National Roads Agency Limited (SANRA) to handle the land affairs of the National Road network of some ± 7 000 km's.

The SANRA portfolio comprises a large number of properties acquired over the years for road construction as well as severed land and other properties required for future road development.

In October 2000, a contract was concluded with the former Greater Johannesburg Metropolitan Council (GJMC) to establish a property management company, which is presently managing the property portfolio of the new unicity and its utilities, agencies and corporate entities.

Money earned from these commercial aspects of Intersite's activities is ploughed back into SARCC to reduce the subsidy provided by Government.

Core Functions:

• Portfolio/Property Management
• Property Development
• Project Management
• Strategic & Business Planning
• Marketing & Public Involvement Programmes
• E-commerce property transactions
• Financial Packaging
• IT System design, implementation & support