It seems like the recent declaration of Scientology as a PBO (tax exempt Public
Benefit Organisation) has released a flurry of large-scale property purchases.
One of the historic landmarks in Port Elizabeth's central business district – the United Building on the corner of St Mary's Terrace and Govan Mbeki Avenue – is soon to have a R6-million facelift, adding a new look to the inner city.
The building has been bought by the Church of Scientology, which wants to turn it into its regional headquarters, for about R8-million.
Recently approved by the commissioner of revenue as a public benefit organisation, and also tax exempted, the church has also recently acquired new property in Pretoria, Durban and Cape Town.
[...]
The MBDA has introduced special tax rebates for investors who buy old buildings in Port Elizabeth's CBD and renovate them.
Could it have anything to do with the fact that PBOs don't pay capital gains tax? Could it be that the cash incentive from the PE council goes a long way towards increasing profit? Could it be that the never-ending source of unpaid labour (if they are Sea Org personnel then they all have a personal
one billion year contract, also read the court testimony
here - see page 443 line 17 onwards) within their organisation can mean that the R6 million facelift could cost a fraction of that amount.
As a bit of an aside, we can compare Scientology's "were not a business" practices to the legitimate business practices of MacDonald's, where they purchase prime land before they sell a single burger. The gain in capital wealth from the property that they own all around the world boosts the value of their company substantially. Compare this with KFC which rents the store locations that they have and you can immediately see the benefit; their location becomes an asset not a liability. This was a brilliant business move, and has been copied by Scientology. Even if the proverbial hit the fan tomorrow, the top echelons in The Org would have extremely comfortable retirements, imagine twenty or thirty more years of this practice.
[The organisation's director of external affairs for Africa, Paul Sondergaard] said the church had been successful with its anti-drug and human rights campaigns.
I'm sure there's a tilda missing there, as in "anti-drug and ~human rights campaign" i.e. "anti-drug and
anti-human rights campaign".

Oh boy, when did I become such a cynic? Wasn't being a sceptic good enough?