Penny Chenery

Penny Chenery has practiced as a real estate professional for over 10 years and focuses on providing advice to property developers, corporate clients and individuals on all aspects relating to real estate matters and developments, including implementation strategies relating to the acquisition and disposition of real estate.

She acts for corporate real estate companies as well as companies with large real estate portfolios such as BP Southern Africa, First National Bank, Propertuity, Telkom, The Enigma Group and Zenprop Holdings.

Penny has been involved in a number of new developments in Johannesburg:

• Industrial developments such as Newport Business Park in Kyasands, The Stewards Industrial Park and Apex Industrial in Benoni.
• Arts on Main, Main Street Life, Revolution House, The Main Change, Rocket Factory are all situated within the Maboneng District on the east-side of Johannesburg and are residential and mixed-use developments.
• Ballantyne and Anika in Bryanston, Eternity in Rivonia, and Ascot Estate/The Stewards in Benoni are residential developments.

Recently the firm received the Property and Construction Team of the Year award from African Legal Awards for our involvement in the Maboneng District mixed-use development, one of Penny’s projects.

She provided legal advice to the developers in respect of subdivisions, consolidations and sectional title development regarding the buildings acquired and re-developed within the precinct.

Representative experience:

• Acting for Propertuity Development in a 180-unit retail and residential sectional title development known as Craftsman's Ship in the Maboneng District, Johannesburg.
• Representing Telkom in the sale of a historical building to Africa Housing Company and advising on the registration of 3D servitudes and multiple long-term leases.
• Acting for the Imperial Group in an asset for share transfer within the group, involving the transfer of over 90 properties valued at approximately ZAR500m.