<\/p>\n
The landmark 36 Hans Strijdom building in the Cape Town CBD, which is owned and managed by Growthpoint Properties, has secured the Net Zero carbon level 2 occupant-emissions-modelled certification from the Green Building Council South Africa (GBCSA).<\/p>\n
This comes as the property giant shifts more existing assets towards lower-carbon operations, and as blue-chip corporates like Ninety One \u2013 which leases the entire office building for its national headquarters \u2013 are increasing demanding low carbon footprint buildings in-line with ESG (environmental, sustainability and governance) goals.<\/p>\n
Listen\/read:
Ninety One just keeps buying back shares
Growthpoint, Etana power Cape properties through new pooled wheeling model<\/p>\n
Growthpoint\u2019s latest GBCSA certification follows a major refurbishment that retained the building\u2019s existing concrete structure while upgrading its energy efficiency, renewable energy supply, and workplace infrastructure. It is the group\u2019s\u00a013th net-zero carbon certified property.<\/p>\n
Timothy Irvine, head of asset management for Growthpoint\u2019s office portfolio, says that retaining the structure reduced the carbon associated with constructing a replacement building.<\/p>\n
\u201cElecting to refurbish the property significantly reduced embodied carbon associated with concrete while extending the lifespan of the building and meeting advanced modern sustainability standards,\u201d he adds<\/p>\n
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The building was among the first properties to participate in the City of Cape Town\u2019s renewable electricity bilateral wheeling pilot in 2023.<\/p>\n
Read:
Redefine\u2019s office vacancies forecast to fall to single digits next year
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Business wants to help City of Joburg, but after the elections<\/p>\n
Since April 2026, it has also participated in the city\u2019s pooled wheeling pilot, receiving renewable electricity generated at the Boston Hydroelectric plant near Clarens in the Free State.<\/p>\n
Thabo Khojane, Ninety One\u2019s Managing Director, says the certification supports the company\u2019s decision to refurbish rather than relocate.<\/p>\n
\u201cWhen we chose to refurbish rather than relocate, our net-zero ambitions were front of mind\u2026 It shows what\u2019s possible when an existing building is given the chance to be reimagined rather than replaced.\u201d<\/p>\n
Read: South Africa \u2018stands out\u2019 for Growthpoint Properties<\/p>\n
Ninety One (formerly Investec Asset Management) has occupied the Growthpoint-owned property for more than two decades and now holds a 15-year lease for building.<\/p>\n
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The refurbishment of the building included high-performance glazing, displacement air-conditioning, smart building management systems, energy-efficient lighting, and water-saving measures. Stairs were also introduced in place of escalators in key areas to reduce energy consumption.<\/p>\n
Growthpoint has more than 120 green building certifications across its South African portfolio and aims to achieve net-zero certifications for 20 buildings by 2028, while targeting carbon neutrality across its portfolio by 2050.<\/p>\n
Listen to this episode of The Property Pod, where GBCSA CEO Lisa Reynolds speaks about the council\u2019s efforts on the green building front:\u00a0<\/p>\n<\/p>\n
You can also listen to this podcast on iono.fm here.<\/p>\n
#Growthpoint #turns #Cape #Town #lowercarbon #asset<\/p>\n","protected":false},"excerpt":{"rendered":"
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