Benoni goes green, changes at Bruma and Randburg.

Posted On Tuesday, 18 February 2003 10:01 Published by
Rate this item
(0 votes)
Benoni's Lakeside Mall has turned green.

Benoni's Lakeside Mall has turned green.
The Investec-managed shopping centre has employed a holistic waste
management and recycling system which, according to operations
manager, Nicholas Oliphant, has reduced waste sent to landfill sites
from 100 to 15 tons per month.

'Instead of consolidating glass, paper, metal and plastic refuse in a
compactor bin for transport to a landfill site, a professional waste
management company, Don't Waste Services, now recycles these products
- sorted into 40 categories - on the Mall's behalf,' Oliphant said.

Investec Property Group is now considering introducing the new
recycling management system to other properties it manages.
The Allan Gray Property Trust Fund has sold its Bruma Boardwalk
shopping complex, on the shores of the man-made Bruma Lake, to a
Chinese businessman, the latest newsletter of the South African
Council of Shopping Centres reports.

New owner, Sam Ng, has renamed the centre Asia City and tenants will
be drawn from Chinese retailers and wholesalers. The newsletter
speculates that the problematical 11 650sq m complex changed hands
for around R8,5-million.

Reconstruction of the Randburg Waterfront has started.
Now to be called Brightwater Commons, the Allan Gray Property
Trust-owned centre will be devoid of water once the
R80-million revamp is completed.

The SA Council of Shopping Centres says first signs of the 'new look'
should be evident around Easter this year when, for example, Mr Price
moves in.

Publisher: The Star
Source: The Star

Most Popular

It’s cheaper to buy than to rent a home in 2021

Feb 08, 2021
If the past year has taught us anything, it is how important our homes have become to us.

Thavhani City set for more growth in 2021 as its Motor City and medical developments accelerate

Feb 15, 2021
Thavhani City mixed-use urban precinct in Thohoyandou, designed to be the future economic…

SA REIT Association - Chairman's message and 2021 sector outlook

Feb 02, 2021
Estienne de Klerk_Chairman of SAREIT
Real estate has long been a rewarding sector of the financial markets. Like all sectors,…

Brand new residential development in La Lucia 60% sold through Pam Golding Properties

Feb 15, 2021
Such is the consistent high demand for centrally located, well-priced residential…

Optimistic budget masks a number of key risks

Feb 25, 2021
Finance Minister Tito Mboweni’s budget has been received very positively, as demonstrated…

Please publish modules in offcanvas position.