Commercial Guidebook | Real Estate Investor Magazine Commercial Handbook | Page 19

Foreshore , and because of the former , we believe we may see the creation in particular of additional space that can accommodate the healthcare industry – medical practitioners and medically related suppliers – as we know that the demand for rooms in the new hospital is already very high . This is also one of the few areas in the CBD where greenfields developments can still take place .”
In relocating their offices to Media City , Pearson Southern Africa required a high specification fit-out . The new headquarters for Pearson SA was designed to accommodate 335 people in a contemporary new working environment that met international office design standards . The move also signified a cultural shift from cellular offices to an open plan layout , so the new office has plenty of informal areas to
www . reimag . co . za collaborate along with ’ hot desks ’ for staff on the move . Efficient planning was key to optimising space in the new office , down to integrated storage requirements for each workstation .
In terms of energy saving features , keeping the office layout open meant taking advantage of natural light , and incorporating LED light fittings throughout . Pearson USA allocated a ‘ green budget ’ that allowed for the application of sustainable principles in the design . Motion sensors manage lighting after hours , carbon dioxide sensors monitor fresh air and solar photovoltaic panels have been installed on the roof .
In another recent transaction concluded by Mperdempes in Foreshore , Clicks2customers has relocated from Triangle House in the city centre – a building being converted to residential accommodation , to Redefine ’ s ‘ The Towers ’, occupying the entire eighth floor comprising 1 700sqm on a five year lease , at a rental rate of R110 per square metre .
A key element of The Towers – formerly Standard Bank Centre , is its re-greening as part of the redevelopment project , and it has been chosen by the Green Building Council as a pilot project of the Green Star refurbishment tool .
Says Elton Holland , director of Ikon Property Group : “ The benefits of green features , in addition to the very pleasant working environment for staff , area amenities and ample parking , prompted the move for Clicks2customers , coupled with a competitive rental rate that suited their budget .
“ This precinct is very competitive in terms of rentals . Redefine has achieved an excellent value offering by refurbishing the former Standard Bank Centre and provides A-grade space below the rental rate of new developments in the CBD and Century City .
Ikon Property Group is continually working with corporate tenants to offer A-grade space at attractive rentals with suitable parking ratios . Properties in the Foreshore area with strong tenant profiles in good locations can achieve yields of between eight and nine percent , which makes them very attractive to investors .
RESOURCES
Pam Golding Properties
Commercial Handbook 2016 17