The Department of Public Works and Infrastructure's 2026/27 Budget Vote set establishment of the South African National Property Company as a major priority, with the aim of moving the state from passive ownership toward active asset management. The department also said it was proceeding with disposal of 801 surplus properties and wanted well-located public assets to support mixed-use precincts, affordable housing and urban renewal.
The practical property impact
The state is one of South Africa's largest property owners. A more active disposal, redevelopment and partnership programme can release land, affect public-sector leasing and create new urban-development and affordable-housing opportunities.
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