select
|

Growthpoint’s Inanda Greens secures top businesses Heineken and FirstRand Bank Limited

Growthpoint Properties’ Inanda Greens office park is the new home of two top names in business: Heineken and FirstRand Bank Limited.


 
Growthpoint confirmed it has signed both companies as tenants at its sought-after office park, in the high-demand business district of Wierda Valley in Sandton Central.
 
Commenting on the deals, Rudolf Pienaar, Growthpoint Office Division Director, says: “We’re pleased to welcome these great businesses to their new offices. Inanda Greens consistently enjoys high occupancy levels and is a good example of the benefits Growthpoint’s leading Sandton office portfolio offers businesses. The office park is near the CBD of Sandton, with hotels, restaurants, shopping and conferencing all within easy reach of the Gautrain, public transport and major access routes.”
 
With its prime location, the 40,753sqm Inanda Greens office park offers a unique setting with a nine-hole golf course, beautiful landscaped gardens and coffee shop.
 
Pienaar adds: “We are confident the Wierda Valley precinct, and its close surrounds, will be a future office and commercial property hotspot. There is already significant tenant-driven development underway in the area. We’re also in discussions with the local government about strengthening transport routes in and around the node.”
 
Heineken and FirstRand Bank Limited join the 25 tenants of this distinguished office park including blue-chip and multinational names Fasken Martineau, The Independent Institute of Education, Kisch IP (formerly DM Kisch), Credit Suisse, S.A. Bank of Athens, Empowerdex, Meropa and the French Trade Commission.
 
Growthpoint signed a 10-year lease with Heineken at Inanda Greens for 3,371sqm of office space set over three floors. Heineken took occupation of its new building late in 2015.
 
Growthpoint Properties’ office sector asset manager for the region, Paul Kollenberg, says: “Heineken’s management team felt that Inanda Greens, its golf course, green features, proximity to both the Gautrain and the Sandton CBD and the access to the major transport routes fitted well with its brand.”
 
“These premises will house the Heineken management team while its brewery and distribution centre will remain at its Sedibeng plant,” confirms Kollenberg.
 
Heineken’s Inanda Greens office features a roof terrace, which Heineken plans to use for marketing events, taking full advantage of the lovely views over the Sandton CBD, the north-east of Sandton as well as the golf course.
 
FirstRand Bank Limited has joined Inanda Greens on a five-year lease in contemporary new offices measuring 8,833sqm set over three floors.  “FirstRand Bank Limited installed significant IT infrastructure into the building and has already taken occupation of its new offices. It includes a 24-hour call centre environment for its Premier Client Services Division,” Kollenberg explains.
 
Both businesses will benefit from the modern design of their new offices at Inanda Greens. This includes all-important resource efficiency. The buildings feature solar water geysers, energy-efficient lighting with sensors and thermal-storage central air conditioning. 
 
The robust demand for office space at Inanda Greens is clear. The park is essentially fully let, with only one office space of 631sqm, facing onto the Polo Fields, available.
 
Growthpoint is South Africa’s largest REIT and a JSE ALSI Top 40 Index company. It is a Platinum Founding Member of the Green Building Council South Africa (GBCSA), a JSE Socially Responsible Investment (SRI) Index company and a Dow Jones Sustainability Index company. It owns and manages a diversified portfolio of 471 properties in South Africa, 53 properties in Australia through its investment in Growthpoint Properties Australia (GOZ) and a 50% interest in the properties at V&A Waterfront, Cape Town. It also recently announced its strategy to invest in commercial real estate in certain other African countries. Growthpoint’s consolidated property assets are valued at over R100 billion.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 23 May 2018
      The importance of correctly pricing a property for sale is more imperative than ever. This is according to Debbie Justus-Ferns, divisional manager of Renprop Residential Sales, who says that despite this crucial selling fact being emphasised so often, in the current market, many sellers are still expecting unrealistic prices for their homes which is having a negative impact on the ultimate sale price.
    • 22 May 2018
      Extreme weather appears to be the new normal, evident by the volume of insurance-related disputes reaching the industry watchdog’s desk. To avoid a situation in which your insurer refuses to pay up, you should proactively ensure that your home is well-maintained and ready for whatever winter has in store.
    • 22 May 2018
      As the impact of technology on the real estate industry becomes more significant, it is clear that there is a need for an objective look at not only traditional real estate models but also online and other alternative low-commission real estate agencies, to examine what they offer and what their impact might be.
    • 22 May 2018
      According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, dealing with some sort of neighbour dispute is an unavoidable part of life unless, perhaps, you choose to live on a remote small holding for the rest of your life.
    • 22 May 2018
      Buyers feel that they are getting value for money in the Northcliff area without having to compromise on aesthetics and amenities
    • 21 May 2018
      Secure living is one of the growing property trends in South Africa and Nooitgedacht Estate in Stellenbosch certainly ticks the right boxes for buyers who want a secure, exclusive lifestyle in one of the Boland’s most sought-after estates, says Pam Golding Properties.
    • 21 May 2018
      With sectional titles growing in popularity, an increasing amount of homeowners simply do not have the garden space to install a tool shed in their backyard.
    • 18 May 2018
      Home improvements are a great way to add value to your property, but not all of us have bottomless pockets for a full-on renovation. Lucky for us, there are plenty of affordable DIYs that can spruce things up over a free weekend.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK