Conrad Penny
| Conrad Penny | |
|---|---|
| Born |
Conrad Hugo Penny[1] 1951 Durban, South Africa[1] |
| Nationality | South African |
| Occupation | Property valuer, broker, researcher, analyst |
| Known for | Evaluating the whole of Soweto, being a property magnate |
Conrad Hugo Penny is a South African property valuer and property broker who has worked for Penny Brothers Brokers & Valuers for over forty years. He is the founder and chair of Penny Holdings (Pty) Ltd. and the Managing Director of Penny Brothers Brokers & Valuers (Pty) Ltd. He is also an appraiser to the South African Minister of Justice.[1][2]
Soweto Valuation
In 1996, Penny's company Penny Brothers Brokers & Valuers (Pty) Ltd. was awarded tenders for the valuation of over 325 000 properties in Soweto, which is in Johannesburg. The tenders were awarded by the City of Johannesburg Metropolitan Municipality for taxing and rating purposes. This was the single largest valuation ever undertaken in Africa.[3]
Genealogy
In March 2015, Richard III of England's descendants were traced by Kevin Schürer, a Professor in genealogy, and it was confirmed that Conrad Penny is related to Richard III. Schürer also confirmed that some of Penny's relatives include Sir Roger Kynaston, Humphrey Kynaston, and George Plantagenet, 1st Duke of Clarence, among others.[4]