Real Estate Investor Magazine South Africa November 2015 | Page 53

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