Environmentally Sustainable Developer of Commercial, Retail and Industrial Real Estate in Africa
Many countries on the African continent are enjoying new property developments, but with limited resources, it is critical to follow environmentally responsible approaches in business, starting with the building materials, processes, and developer partners for commercial, retail and industrial real estate.
Sustainable Developer Partner for Commercial Real Estate in Africa
GREA fits the profile of a developer partner focused on sustainable practices in the construction of commercial properties. The Group pays close attention to limiting its environmental footprint, evident in the adoption of an Environmental Management Framework. This has made it possible for the company to create a framework and standards for monitoring the company’s environmental goals.
With the framework in place, GREA has been able to review, evaluate, and improve operations aligned with guidelines for environmental sustainability regarding developments and rentals to tenants when it comes to commercial, retail and industrial real estate on the continent. Learn more about GREA and GRIT here.
The commitment to environmentally responsible construction is evident in the many lifestyle and sustainable features incorporated into building elements. These include maximising the potential and use of natural ventilation, as well as natural light to reduce energy usage as well as a reduced greenhouse emission footprint.
Furthermore, creating bicycle parking and change room and showering facilities for cyclists, as well as using materials from local suppliers are among the efforts and commitments to ensure the sustainability of buildings and operations.
The Precinct in Mauritius counts among such properties that boast the many features required to minimise environmental footprint. The development provides for more business flexibility through a combination of elements that promote wellness and social wellbeing.
The Precinct was recently awarded 5-Star Green rated status by the Green Building Council of South Africa, the first development in Mauritius and the first office building in the Indian Ocean Island region to achieve this distinction.Wherever possible, GREA follows internationally recognised development and design processes for the reduction of water usage and its project carbon footprint. An example is the commitment to compliance with the EDGE green building standard requirements for green building practices relevant to a particular type of building, and the climate at the specific development location.
To achieve EDGE Level 1 certification, the real estate development project must save at least 20% or more on water, and energy, compared to a conventional building approach. To achieve advanced certification, a minimum of 40% on-site savings in energy usage and water consumption requirements must be achieved.
GREA, in cooperation with Rendeavour, targets Level 1 EDGE certification for the Eneo at Tatu Central development in Kenya. It is a development of a multi-storey, A-grade property to house the training facilities for CCI Global as the largest international contact centre operator on the African continent.
The commercial property development will include several sustainability features, ranging from natural ventilation and optimal usage of natural light to rainwater collection and façades that are self-shading. Other features include cycle parking, solar panels, and water recycling, to name only a few.
View more information on the sustainable features of the Eneo building here, indicative of GREA’s commitment to environmentally responsible and sustainable building practices to help client companies reduce their real estate carbon and environmental footprint.