Real Estate Investor Magazine South Africa September 2013 | Page 12

MASTER INVESTOR
Exciting developments
The last two years have also seen some exciting new developments, including the launch of the Green Lease Toolkit, and very recently, two new rating tools: one for Interiors, sponsored by Standard Bank, and another for Existing Buildings, sponsored by Nedbank. Both the Green Lease Toolkit and the Interior rating tool creates a new market segment in the green building sector, bringing the tenants into the green building playing field. In line with new tenant demands for greener and more efficient space and the increasingly green approach taken by the design community that manage the fit out process, these tools allow tenants to benefit from sustainability efforts in fit out and during operation of the building. The existing building performance rating tool is another exciting new development for the GBCSA, given the reality that existing buildings comprise the bulk of total building stock. This tool takes sustainability in the built environment into the main stream mass market. As