Ithemba and The Herringbone Recognised at the 2026 Reside Awards

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22 May 2026

Ithemba Property Management and The Herringbone were both recognised at the 2026 Reside Awards, held on 21 May 2026 at the Sandton Convention Centre as the centrepiece of the Residential Investment and Development Conference.

Ithemba Property Management won Gold in the Residential Property Management Company of the Year category. The Herringbone, Divercity’s mixed-use development in Salt River, Cape Town, won Gold for Mid-Market Multifamily Residential Development.

Recognising day to day excellence

The Residential Property Management Company award recognises the operational work that keeps residents at the centre of everything we do, from responsive maintenance and clear communication to the everyday systems that make renting simple and stable. For Ithemba, this recognition reflects the consistency of a team managing a growing, multi-city portfolio while keeping service standards high across every building.

A landmark for The Herringbone

The Herringbone’s win highlights what has become one of Divercity’s standout developments in Cape Town. Since welcoming its first residents, The Herringbone has set a benchmark for what affordable, well managed multifamily housing can look like in a sought after Cape Town node, combining strong design with the kind of hands on management that keeps occupancy high and residents settled.

Why this matters

The Reside Awards are one of South Africa’s most competitive residential property platforms, now in their fourth year and drawing entries from across the country’s development, finance, and property management landscape. Recognition in this space is a signal of where the bar is being set, and these two wins reflect the strength of Divercity’s model: professionally managed, well located rental housing that works for residents and performs for investors alike.

Congratulations to the Ithemba and Herringbone teams on a well earned recognition.

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By 2030, the UN’s goal is to ensure access for all to adequate, safe and affordable housing and basic services.

Our impact

Over the next five 5 years, Divercity expects to construct more than 10,000 new and green affordable residential units in centrally-located neighbourhoods, expanding housing options close to economic opportunity for low- and middle-income households. Construction of the new residential units will help address the growing housing deficit and issues of spatial segregation in South Africa.

By 2030, the UN’s goal is to develop reliable, sustainable and resilient infrastructure to support economic development and human well-being, with a focus on affordable and equitable access for all

Our impact

Divercity is providing housing in locations that are connected to existing infrastructure, such as healthcare, schools, jobs and parks. This serves to reinforce accessible and equitable cities, as well as strives to break the destructive pattern of South Africa’s apartheid infrastructure and planning.

By 2030, the UN’s goal is to strengthen the resilience and adaptive capacity to climate related disasters

Our impact

More compact cities – enabled through the kind of development that Diversity advances – are associated with substantially lower greenhouse gas emissions, better land-use, and energy and resource efficiency, based on research 1 we’ve done with the Green Building Council South Africa (GBSCA) and Arup. Divercity has a commitment to minimising greenhouse gas emissions and is already supporting climate change mitigation through a range of measures, such as rooftop solar arrays, energy and water efficient design in all of our buildings and EDGE rating of all new developments.

By 2030, the UN’s goal is to ensure equitable and quality to pre-primary, primary and secondary education and lifelong learning

Our impact

Through our Ithemba Upliftment Foundation, we are contributing to early childhood development, enabling hundreds of young children to receive quality education at Daycare Centres in our precnits. This is in addition to the widened access to formal education facilities that are part of our developments, and our efforts in supporting lifelong learning through supporting adult education.

By 2030, the UN’s goal is to ensure universal access to affordable, reliable, renewable and modern energy sources

Our impact

As the cost of renewable energy generation capacity becomes more accessible and affordable, we are integrating these technologies more broadly across our residential portfolio. Divercity is focussed on eco-responsible housing as a viable means to contribute to sustainable and environmentally friendly urban development – through rigorous adherence to green building standards, including the use of energy efficient LED lights, rooftop solar arrays, energy efficient hot water generation and energy efficient building design.

By 2030, the UN’s goal is to encourage and promote effective public, private and civil society partnerships to attain the global goals

Our impact

Our partnerships empower us to champion progressive policy that supports sustainable development. One impactful example of such a partnership is our work with Green Building Council South Africa (GBSCA) and Arup, the global multi-disciplinary firm, on a research project on the enormous environmental and economic costs of the current dynamic of urban sprawl in Johannesburg. Through this project, we developed actionable recommendations for policymakers, investors and other stakeholder groups.
You can read more about the research project, titled: Does location matter? here.