Achieving empowerment is an imperative for companies contracting in South Africa.
We view it as essential to ensuring equitable and sustainable economic growth.
- There are over 1 600 multinational and blue-chip companies operating in South Africa.
- Many of these are unable or unwilling to enter into direct equity transactions for BEE and face significant challenges in achieving compliance.
- Mounting pressure is placed on being an ‘empowered supplier’ for procurement.
LCP solves complex empowerment challenges using property as a catalyst to achieve BEE compliance:
- Our offering presents an uncomplicated and low-risk mechanism for clients to utilize under-stated value in their property portfolios to achieve BEE compliance.
- Clients are able to realise Ownership compliance on asset disposal and enhanced Preferential Procurement spend on leaseback.
- Sellers retain full occupational control and beneficial use of their assets.
- Where clients do not own their property assets, we have a bespoke solution which achieves the same result.
LCP is a 52% black owned privately held property fund, and a Level 2 BEE company.