SA Real Estate Investment Trust, Emira Property Fund, has committed to sustainable development through greening their portfolio with the Green Building Council of South Africa.
Public Works Minister Nkosinathi Nhleko on Monday called on the construction industry to embrace innovative technologies that have superior energy efficiency performance compared to conventional materials.
The payback period on commercial solar photovoltaic (PV) systems has decreased substantially and many companies can now expect solar panel installations to pay for themselves within five years or less.
The traditional 8-hour workday is an outdated, ineffective approach to work that actually diminishes productivity.
Despite rapid globalisation with investment funds flowing across borders and money pouring into constructed assets, the construction profession has until now, lacked a common language and framework for classifying and reporting construction costs.
Redefine Properties’ Black River Park in Cape Town has cemented its position as Africa’s largest integrated photovoltaic (PV) plant when it turned on phase 3 of its PV installation earlier this month.
The deal, which is subject to shareholder approval, provides equity funding for the Lekela Power platform, a joint venture with the global pan-emerging market private equity firm Actis.
Green building is gaining rapid momentum in Africa with office buildings in Rwanda and Namibia both receiving 6-Star Green Star ratings, certified by the Green Building Council of South Africa (GBCSA).
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