Real estate investment trust (Reit), Redefine Properties, and Abland Property Developers, have clinched a deal where S&J Industrial Estate in Germiston, Gauteng, has been chosen as the home for car brand Isuzu’s new parts and distribution centre.
Redefine’s industrial asset manager, Johann Nell, said this shows there is rising demand for high quality industrial properties and sustainable solutions among manufacturers, distributors and warehouses.
“Redefine is geared for a greener future and S&J certainly ticks all the right boxes. Notably, it is the first certified EcoDistricts property outside North America, and the first in Africa,” said Nell.
Since 2013, this EcoDistricts organisation has been promoting a new model of urban development to empower just, sustainable, and resilient neighborhoods. There are EcoDistricts protocols and also a certified guide to help developers to take a collaborative, holistic, neighborhood-scale approach to community design.
The Isuzu facility is set to be completed in early 2023. The facility includes Isuzu’s national training centre and is located within a park with 24-hour manned access control, supported by offsite monitoring and fibre connectivity.
“S&J’s design, for instance, is tailored to cater for a wide spectrum of industrial property needs, encapsulated within a smart, sustainable environment. This adds value to the manufacturers, distributors and warehouses situated in the precinct. It also supports the UN SDG objectives highlighted in Redefine’s recent Capital Markets report,” said Nell.
“Tenants and increasingly community stakeholders are beginning to see commercial properties through different lenses. It is no longer enough for the buildings to be practically functional, they also need to contribute to promoting tenant and community health and wellbeing,” said Nell.