Industrial property in the East of Gauteng produced a strong showing in 2017, with good leasing and development activity recorded in Growthpoint Properties’ industrial portfolio.

Growthpoint Properties’ R85m revamp of M1 Place in Marlboro, Sandton, has converted an ageing retail warehousing property nearing the end of its lifecycle, into a modern, vibrant retail park.

Growthpoint Properties is developing a bespoke new steel manufacturing and galvanising facility in Boksburg East, Ekurhuleni, Gauteng, for Maxishare, a leading supplier of steel welded mesh.

Growthpoint Properties’ Greenfield Industrial Park in Cape Town has been awarded South Africa’s first ever Green Star SA rating for an industrial property.

Growthpoint Properties’ industrial portfolio delivered the highest returns to investors in its sector for the three years ending December 2015, as recorded in the MSCI database.

Growthpoint Properties’ R150 million Greenfield Industrial Park Development will introduce a quality, modern industrial park on a prime 3.4 hectare site in Airport Industria, near Cape Town International Airport.

Industrial properties are set to innovate and evolve with economic challenges in 2015.

Growthpoint Properties announced its largest industrial land deal to date. 

Growthpoint Properties' custom developed industrial and office facility for multinational group Grundfos in Germiston has been awarded a 5-Star Green Star SA Office Design v1 rating by the Green Building Council of South Africa (GBCSA).

Southern Africa’s largest refrigeration and air-conditioning wholesaler, Metraclark, is expanding its existing relationship with Growthpoint Properties by substantially increasing its leased premises to 24 400sqm.

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