JSE-listed real estate investment trust (Reit) Growthpoint Properties has received a net-zero carbon certification for its 36 Hans Strijdom avenue property, in Cape Town – marking the company's thirteenth net-zero carbon certified building.
The property achieved a Net Zero Carbon Level 2: Occupant Emissions Modelled certification from the Green Building Council South Africa (GBCSA), which complements the building's 5-Star Green Star SA rating from the GBCSA and marks another milestone in Growthpoint's broader strategy of repositioning existing assets for a lower-carbon future.
The Reit points out that the building, which is occupied by global investment manager Ninety One as its Cape Town headquarters, has undergone an extensive transformation that combined a full interior modernisation with significant sustainability upgrades and operational carbon reductions.
The redevelopment of 36 Hans Strijdom avenue forms part of Growthpoint’s broader environmental sustainability strategy, which includes renewable- energy investment, green building certifications, energy efficiency interventions and net-zero carbon targets across its portfolio.
Rather than demolishing the existing structure and rebuilding from scratch, working closely with Ninety One, Growthpoint retained and repositioned the asset through a major refurbishment programme, undertaken by Growthpoint’s development division.
