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NEWS FROM GROWTHPOINT TO YOU
1 st QUARTER 2015
TOUCHPOINT | 1ST QUARTER 2015
CONTENTS
WELCOME TO TOUCHPOINT
THE GREEN SCENE
BREAKING GROUND WITH OUR UNDEPOSIT
THE SHARK TANK
MAKING PROGRESS WITH PROPERTY POINT
OPERATION MILLIONAIRE
INVESTIGATING THE INDUSTRIAL SECTOR
THE SCOOP ON CSI
OFFICE OCCURRENCES
GROWTHPOINT’S TRANSFORMATION OVER THE YEARS
RETAIL SPACE
GROWSMART’S EXPANSION AND SUCCESS
ANNOUNCEMENTS
TECHNOLOGY TRIVIA
TO ENJOY THE FULL INTERACTIVE TOUCHPOINT EXPERIENCE, CLICK ON THE
RELEVANT ICON AND DOWNLOAD THE TOUCHPOINT APP FOR YOUR TABLET.
TOUCHPOINT | 1ST QUARTER 2015
WELCOME TO
TOUCHPOINT
Creating the space to thrive
at Growthpoint.
Welcome to 2015! We look forward to another
year filled with exciting projects, fantastic
acquisitions and of course, we hope, some
prestigious awards for our beautiful suite of
green buildings. This edition, we have included
a wonderful article about Growthpoint’s 20
year journey of transformation. This article
appeared late last year in the South African
Institute of Black Property Practitioners
special edition magazine.
We have also decided to extend the current
Office portion of the newsletter to include
a few in-depth articles and an introduction
to our VERY exciting Smartmove option.
Watch this space as it will continue to grow
and offer current and relevant industry news.
Our retail space will feature something a bit
different this month, with a very informative
article on what consumers expect from their
favourite retailers and the major factors that
influence their decisions on where to shop.
As an important Growthpoint client,
we’d welcome your views on TouchPoint.
Please send your feedback to
[email protected]
THE FRONT COVER
Anslow Park Development
Parktown, Johannesburg.
TOUCHPOINT | 1ST QUARTER 2015
the
GREEN SCENE
GROWTHPOINT AUGMENTED REALITY APP
We are in the process of launching
an Augmented Reality app, which
will highlight the green features
in some of our buildings. This app
will enable our letting agents, as
well as external brokers, to view
the sustainable features of these
buildings in an innovative and
creative way, while also advising
our clients in choosing the right
building for their needs. 3D models
will be created for selected
buildings, enabling a unique type
of interaction and exploration.
We are launching the national Growthpoint
GREENOVATE AWARD COMPETITION
This exciting and innovative awards programme was created,
in association with the GBCSA, to provide an opportunity to
students that want to explore ideas in the development and
establishment of green building thinking. Honours students
in property studies, construction and quantity surveying may
enter the award programme. There are two rounds to the
competition and so far, the University of the Witwatersrand,
the University of Pretoria and the University of Cape Town
are participating, although the programme will eventually
extend to include other universities. The winner of this
prestigious award will be announced in November 2015.
THE LUX AWARDS 2014
The lighting world’s top manufacturers, most innovative
technologies and world-class installations were honoured
at the Lux Awards late last year. The lavish ceremony at
the Troxy in East London was attended by nearly 1,000
lighting professionals, making it the UK’s biggest ever
lighting awards event.
Winners were chosen in 16 categories including our
brand new international category, as well as retail
lighting, industrial lighting, interior and exterior
luminaires, innovations in the areas of light sources
and controls, and the coveted Lux Person of the Year
category. The winners were presented with a unique
trophy made of recycled lamp glass.
Growthpoint won the first-ever international award
for an illuminating energy savings project (Aurora).
Over the last 12 months, we undertook a lowenergy retrofit nationally, introducing more than
100,000 energy-efficient lamps and light fittings
in 157 of our multi-tenanted office, industrial and
retail buildings. Judges were impressed by the
sheer scale of this project, which demonstrated
the power of low-energy lighting to deliver
spectacular savings.
Chosen as the most outstanding project outside
the UK and the Republic of Ireland, our pioneering
energy efficiency beat other remarkable projects
from Germany, Dubai and Turkey.
TAP HERE TO READ MORE
TRAILBLAZERS IN BUILDING PERFORMANCE
JSE Socially Responsible
Investment Index (SRI Index)
Look out for our
Sustainability roadshow!
We have continued to be included
in the JSE Socially Responsible
Investment Index (SRI Index) on the
Johannesburg Stock Exchange, based
on our positive Environmental, Social
and Governance (ESG) practices, as
well as our performance in managing
climate change issues. This is our 6th
successive inclusion in the JSE SRI
Index, which promotes sustainable
and transparent business practices.
Learn more about the GreenX 5.0
campaign, smart metering, our new
augmented reality app, WEBdex, EWP
rating and Cycology, to name a few.
TAP HERE TO READ MORE
Johannesburg: 16 March 2015
Durban: 18 March 2015
Cape Town: 20 March 2015
Eco Mobility World Festival
We will be supporting the 2nd Eco
Mobility World Festival, which will be
taking place from 1-31 October 2015.
TOUCHPOINT | 1ST QUARTER 2015
BREAKING
GROUND
with our
The success of Undeposit
has surpassed the 600
client mark, of which 53%
is new business. Our clients
are reaping the benefits
of being able to inject
much needed cash back
into their businesses to
grow and sustain business
through tough times. One
of our clients - Mr Evans
from Gravity, opted for
the Undeposit option on
renewal. He has invested
his existing deposit into a
generator that can sustain
his business during the
load shedding periods. His
business is now thriving
and trading during outages.
Just another way Undeposit
can help your business.
TOUCHPOINT | 1ST QUARTER 2015
the
SHARKTANK
THE SHARKS FUN DAY 2015
On Saturday, 24th January 2015, the Sharks
hosted their annual Fun Day at Growthpoint
KINGS PARK. A morning of fun and awesome
family entertainment was planned for the
entire family with the whole Cell C Sharks
squad in attendance.
A crowd of over 5000 supporters attended
the day and had loads of fun interacting and
challenging their favourite players in fun
obstacle races, touch rugby and numerous
other activities. There were also lots of
autographs signed on the day. Visitors took
a stroll through the food and fashion market
or simply relaxed in the beer garden, listening
to live music. The Sharks Fun Day ended with
Matthew Mole performing live in concert.
Entry to The Sharks Fun Day was free in
order to thank fans for their loyal support.
TOUCHPOINT | 1ST QUARTER 2015
TAKE the
GROWTHPOINT
KINGS PARK
QUIZ!
Answers are at the bottom of the page - don’t cheat!
When did the Sharks have a name change?
What is the official home of the Sharks?
What was launched in 2012?
Q1: 1995. Q2: Growthpoint KINGS PARK. Q3: The Sharks Anti-bullying Campaign.
TOUCHPOINT | 1ST QUARTER 2015
Don’t miss out on the upcoming Super Rugby
and Vodacom Cup fixtures...
VODACOM CUP
SHARKS vs BORDER BULLDOGS SHARKS vs BOLAND CAVALIERS
21 March 16:30, 2015
25 April 2015
SHARKS vs CHEETAHS
SHARKS vs SIMBA XV
11 April 2015
02 May 2015
SUPER RUGBY
SHARKS vs CHIEFS
SHARKS vs BULLS
SHARKS vs WESTERN FORCE
SHARKS vs MELBOURNE REBELS
SHARKS vs CRUSADERS
SHARKS vs STORMERS
THE SHARKS WEBSITE
BOOK YOUR SEAT NOW
21 March 19:10, 2015
28 March 17:05, 2015
4 April 15:00, 2015
18 April 17:05, 2015
29 May 19:10, 2015
13 June 19:10, 2015
TOUCHPOINT | 1ST QUARTER 2015
MAKING
PROGRESS
with
2014 finished on an exciting note
for Property Point. We finalised
our partnership with Attacq
and secured an agreement with
them to manage their enterprise
development programme. This
means that Attacq will sponsor
a select number of SMEs on their
supply chain, so that they can
participate in the latest intake
of our programme. This is the first
of many industry partnerships that
we are hoping to forge, in order to
make a substantial impact in the
growth of small businesses.
Attacq, (an affiliate entity of Atterbury Acquisitions) is
a leading South African capital growth fund operating in
the real estate sector. Founded in 2005, it has grown gross
assets to the value of over R13 billion, off an initial base
of R600 million. The company’s focus is on sustainable
capital appreciation, through the ownership of a balanced
portfolio of properties with contractual income streams.
In December 2014, we selected
a group of 10 businesses to
participate on the Attacq intake.
On the 20 January 2015, we hosted
an induction session for these
businesses, where the Property
Point team shared more in-depth
information about the programme
schedule and the process going
forward. Shawn Theunissen, head
of Property Point and CSR at
Growthpoint, encouraged the
businesses, “Small businesses are
the backbone of the economy. It is
through businesses like yours that
jobs are created and unemployment
is reduced. We look forward to being
part of your journey to becoming
sustainable, your journey of growth.”
Introducing some new faces
Some of the more recent
entrepreneurs include…
Being part of the
Property Point
programme means
I’ve got experts on
hand to help refine
my ideas and make
better decisions for
my business. I can’t
wait to get started.
KOPANO KE LESEDI
Linah Mogale graduated with
a Mechanical Engineering degree
in 2009 but needed to gain
experience. In 2012, she decided
to start her own business, Kopano
Ke Lesedi, which specialises in
industrial and commercial
plumbing and landscaping.
LINAH MOGALE
I’m excited about
this next phase and
all that comes with it.
I’m looking forward
to taking my business
to the next level with
Property Point’s help.
SANDWIND COATINGS
Sibongile Shikwambana started
Sandwind Coatings in 2012. The
company focuses on commercial
and roof coating, as well as
redecoration projects and general
painting. Sibongile says that,
“Quality is the most important
thing to us. We strive to make
each wall a masterpiece.”
SIBONGILE SHIKWAMBANA
GET INVOLVED…
If you would like to get more involved, (possibly as a mentor to one
of our entrepreneurs), please contact [email protected]
Read more: www.propertypoint.org.za
Twitter: @Proppoint
Facebook.com/Proppoint
TOUCHPOINT | 1ST QUARTER 2015
“THERE ARE NO SECRETS TO SUCCESS. IT IS THE RESULT OF
PREPARATION, HARD WORK, AND LEARNING FROM FAILURE.”
Colin Powell
THE OFFICE SECTOR
OPERATION
MILLIONAIRE
Our Office 2015 MegaFactor
competition is creating quite
a buzz in the industry, with
huge prizes up for grabs. Below,
are two prime properties that
could certainly place you streaks
ahead of your competitors!
ERF
65
3021 WILLIAM NICOL DRIVE.
BRYANSTON
BUILDING 1
INANDA GREENS
3021 WILLIAM NICOL DRIVE.
BRYANSTON
OPERATION MILLIONAIRE
MEGAFACTOR
Top Runners
THE OFFICE SECTOR
ERF
65
3021 WILLIAM NICOL DRIVE. BRYANSTON
This niche AAA-grade office block is situated in a
secure office park in the Bryanston node, conveniently
situated next to the William Nichol offramp. Building
features include a standby generator, quality common
area finishes, green initiatives and fibre optics, which
are being rolled out throughout the building.
Ground floor, block A – 850.70m²
GROSS RENTAL: R142/m²
Tenant installation allowance offered.
THE OFFICE SECTOR
BUILDING 1,
INANDA GREENS
54 WIERDA ROAD WEST, WIERDA VALLEY
Benefit from an excellent location, convenient access
to highways and main roads and close proximity to
amenities and sought-vafter suburbs. This building
also offers an opportunity for stand-alone corporate
identity, a delightful coffee shop, access to a nine
hole golf course, a full-on generator and emergency
water and the convenience of being just 1km from the
Sandton Gautrain Station and Sandton CBD.
Stand-alone building available immediately:
Ground floor - 1144.59m²
First floor - 1103.03m²
Second floor - 1147.59
GROSS RENTAL: R161/m²
Tenant installation allowance offered.
THE OFFICE SECTOR
THE FOLLOWING ORGANISATIONS ARE
TOP RUNNERS
in the
OPERATION MILLIONAIRE
2015
MEGAFACTOR
COMPE TITION
(in no particular order)
HARLEQUIN DUCK
Properties
SOTHEBY’S
JHI
MAIN-SALE Properties
GALETTI
ASHBROOK Investments
BROLL - KZN
ARGO PROPERTIES
/ 5TH AVENUE
QUENET
Corporate Property
BROLL - JHB
THE INDUSTRIAL SECTOR
Groundbreaker is off at a pace this year
with one deal after the next, skipping
ahead to top position on the winner’s log.
To those striving to get ahead, we have
the perfect industrial properties for you
and your clients.
CAPE TOWN
DURBAN
ALSO AVAILABLE
TOP RUNNERS
THE INDUSTRIAL SECTOR
57 MOBILE RD
AIRPORT INDUSTRIAL, CAPE TOWN
This free standing A-grade industrial
warehouse offers excellent signage
exposure onto the Airport approach
road. The property falls within the
Airport City Improvement District
and has quick and easy access to
the N2 highway. The property
boasts a warehouse height of 10m
to the eves and also offers a loading
ramp with 4 roller shutter doors
for efficient access.
AREA:
Warehouse - 2512m²
Office - 428m²
Total - 2940m²
Gross rental – R46.50 excl. VAT
(incl rates and operating costs).
THE INDUSTRIAL SECTOR
19 MONTE CARLO RD
DURBAN
Situated within the heart of the
established Mahogany Ridge
Industrial precinct, this new
A-grade industrial development
will comprise of two new standalone warehouse units of 4932m²
and 3865m² respectively. Boasting
ample electricity supply, 8m to
the underside of eaves, concrete
hardstand yard, complimentary
offices and multiple roller shutters
the property is also in close proximity
to the N3 highway and will be fully
secured with perimeter fencing and
24hr security.
Anticipated building completion
date is November 2015.
THE INDUSTRIAL SECTOR
MEADOWBROOK 2
If you, however, cannot find what
you are looking for, we also have:
Meadowdale. 7000m²
REDWOOD
KULINGILE
Wadeville. 16 654 m²
Isando. 49 000m²
JD WAREHOUSE
GAZELLE
Wadeville. 30 618m²
Midrand. 5475m²
THE INDUSTRIAL SECTOR
The following brokerages are
top runners in the Operation
Millionaire 2015 competition
(in no particular order)
BUSINESS PROPERTY
SOLUTIONS
ROCOM PROPERTY
CHALUPSKY PROPERTY
CAPE INDUSTRIAL
PROPERTY
MOORE COMMERCIAL
PROPERTIES
BROLL PROPERTIES
API
CURRIE GROUP
VISIT WWW.GROWTHPOINT.CO.ZA FOR VACANCY SCHEDULES AND MORE INFORMATION.
TOUCHPOINT | 1ST QUARTER 2015
INVESTIGATING
the
INDUSTRIAL
SECTOR
MASKEW,
ANVILL STREET, ISANDO
This well-located land is available
for a bespoke building, with a
competitive rental. It is suitable
for manufacture with a large
power supply of 1.2 MVA.
Earthworks have been completed
to allow for a short building period.
Call Joanne Scott on 082 552 0342
to make an appointment to view
DOMINIC CORNER
in JOHANNESBURG
Situated in Boksburg East
Industrial, this property can
accommodate up to 67, 875 m² in
size. A custom designed, A-grade
industrial building to suit your
needs can be built according to
your specifications.
Large yard areas will accommodate
interlink trucks and there is good
access to Atlas road.
Call Joanne Scott on 082 552 0342
to make an appointment to view.
GROWTHPOINT INDUSTRIAL
ESTATE in MEADOWDALE
This A-grade, secure industrial
park is situated in Meadowdale,
close to the airport. The
warehouse design is flexible and
there is good yard space. We can
develop 5 000 m² to 50 000 m²
to suit your requirements.
Neighbouring tenants include
Fast and Furious, Justine Avon
and Barloworld Nike.
Call Joanne Scott on 082 552 0342
to make an appointment to view.
Browse our latest industrial development:
GREENFIELD INDUSTRIAL PARK
in CAPE TOWN
This prime property offers 3.4 hectares
near Cape Town’s airport.
Download the brochure here.
TOUCHPOINT | 1ST QUARTER 2015
the
SCOOP
ON C.S.I.
THE STATE of GIVING
in SOUTH AFRICA
TYPES of
GIVING
DISTRIBUTION
of CSI
FUNDING
DRIVERS
of CSI
CSI FUNDING
CHANNELS
GROWTHPOINT’S
CSI
THE STATE of
our PEOPLE
Formal employee engagement
• Time allocated for volunteering
• Pro-bono services
• Payroll giving
• 44% of South African companies
offer a corporate match-giving to
employees’ personal donations
TOUCHPOINT | 1ST QUARTER 2015
the
SCOOP
ON C.S.I.
THE STATE of GIVING
in SOUTH AFRICA
TYPES of
GIVING
DRIVERS
of CSI
DISTRIBUTION
of CSI
FUNDING
CSI FUNDING
CHANNELS
GROWTHPOINT’S
CSI
THE STATE of
our PEOPLE
Regulation.
The Broad-Based Black Economic Empowerment
law of 2007 promotes companies to invest at least 1%
of their Net Profit After Tax to community development
• In order to comply with the law, companies may ensure that
at least 75% of the beneficiaries of the CSI expenditure
are black and from previously disadvantaged backgrounds
Public relations.
Most companies derive benefit from engaging
with communities as this leverages their brand image
Economic transformation intent.
• Companies have become aware that the wellbeing
of community members can positively impact the
business, therefore by working together with civil society,
government and other businesses have become more
involved in community affairs
TOUCHPOINT | 1ST QUARTER 2015
the
SCOOP
ON C.S.I.
THE STATE of GIVING
in SOUTH AFRICA
TYPES of
GIVING
DRIVERS
of CSI
DISTRIBUTION
of CSI
FUNDING
CSI FUNDING
CHANNELS
GROWTHPOINT’S
CSI
THE STATE of
our PEOPLE
•In 2014, South African corporates invested
R8.2 billion towards community development
•2% of CSI funding was dedicated to sports
development and arts and culture
•12 % to health services
•16% to social & community development
•49% of CSI in SA is directed towards
education related programmes
TOUCHPOINT | 1ST QUARTER 2015
the
SCOOP
ON C.S.I.
THE STATE of GIVING
in SOUTH AFRICA
TYPES of
GIVING
DISTRIBUTION
of CSI
FUNDING
DRIVERS
of CSI
CSI FUNDING
CHANNELS
GROWTHPOINT’S
CSI
THE STATE of
our PEOPLE
• Up to 56% of funds are
invested for community
development through
non-profit organisations
TOUCHPOINT | 1ST QUARTER 2015
the
SCOOP
ON C.S.I.
THE STATE of GIVING
in SOUTH AFRICA
TYPES of
GIVING
DRIVERS
of CSI
DISTRIBUTION
of CSI
FUNDING
CSI FUNDING
CHANNELS
GROWTHPOINT’S
CSI
THE STATE of
our PEOPLE
•1 in 3 South Africans benefit
from social grants
•1 in 4 South Africans
is unemployed
•1 in 5 children in South Africa
is an orphan
TOUCHPOINT | 1ST QUARTER 2015
the
SCOOP
ON C.S.I.
THE STATE of GIVING
in SOUTH AFRICA
TYPES of
GIVING
DRIVERS
of CSI
DISTRIBUTION
of CSI
FUNDING
CSI FUNDING
CHANNELS
GROWTHPOINT’S
CSI
THE STATE of
our PEOPLE
-G
rowthpoint contributed R13.1 million
towards CSI initiatives in the 2014 FY
- The expenditure was distributed as follows:
•2% to staff engagement and community welfare
•7% to rental subsidies
•13% to infrastructure development
•26% to education
•52% to entrepreneurship
TOUCHPOINT | 1ST QUARTER 2015
A PARTNERSHIP
that WORKS
As part of Growthpoint’s strategic
CSI, we offer rental subsidies to
NGOs that demonstrate effective
community engagement.
Stop Hunger Now is an international
hunger relief organisation that
coordinates the distribution of food
and other life-saving aid around the
world. With the aim to transform
communities through education,
Stop Hunger Now Southern
Africa provides fully balanced
meals for pre-school children. The
organisation is driven by a vision to
end world hunger in our lifetime and
has a mission to provide education
to beneficiaries, volunteers and
suppliers about the role they play
in eradicating child hunger.
Since 2012, Growthpoint has
provided industrial space at
Khightsgate Industrial Park,
Germiston for Stop Hunger Now
SA, where they are able to securely
store the food, host meal-packing
events and distribute meals to 15
areas in Gauteng. On a monthly
basis, the organisation feeds over
4 400 leaners in 140 Early
Childhood Development (ECD)
centres. Studies by the University
of Cape Town’s Children’s Institute
indicate that, over 3 million children
under the age of 17 do not have
access to food. Growthpoint
believes that by supporting Stop
hunger SA, we are effectively
contributing to combat the
challenge of food security.
We are pleased that Stop Hunger
Now SA has demonstrated success
in many areas. The organisation
has proper governance structures,
connects with communities directly,
empowers individuals for a better
future and continuously monitors
the impact of its programmes.
Did you know?
Hunger kills more
people every year than
AIDS, malaria and
tuberculosis combined.
For more information about
Stop Hunger Now SA visit:
www.stophungernowsa.org
TOUCHPOINT | 1ST QUARTER 2015
OFFICE
OCCURRENCES
OFFICE RECENTLY WELCOMED
A NUMBER OF NEW STAFF
THIS QUARTER. WE WOULD
LIKE TO WELCOME THE
FOLLOWING PEOPLE:
Mokgadi Mabusela
as Building Manager
(East & Midrand portfolio)
Madimetja Johannes Mabusela
as Bookkeeper (Sandton
surrounds)
Lynn January
as Property Manager
(South & Central)
Warren Hale
(Building Manager)
move from EOH Bedfordview
Campus to Constantia Park.
PROMOTIONS:
Phakamani Mlebuka
as Property Manager
(Constantia Office Park)
Jaco van Aswegen
as Facilities Manager
(Pretoria & Constantia)
MEET ONE OF OUR LONG
STANDING CLIENTS
Platinum Life specialises in
offering top-class insurance
services through professional
and expert telephone marketing
and service delivery. They are
a ‘referral only’ insurer and their
success depends exclusively
on referrals from their clients.
They also have a special CSI
initiative that involves donating
a portion of the premium they
collect to CHOC. They believe
on focussing on their clients
and making them a top priority.
This is very much in line with
our own philosophy towards
our clients.
They are a major tenant of
ours with 7,284m² in total
within our portfolio - 3,860m²
in Growthpoint Industrial
Park and Celtis Business Park
and 3,424m² in Tata Building
and Hunts End. Previously
in Ferguson Road, they are
currently located at the Tata
Building in Illovo and occupy
2428m². They have been in
this building for the last five
years and will be relocating to
8 Rivonia Road in Illovo within
the next few months, having
outgrown the office space.
They are exemplary tenants,
but looking back at how
this wonderful partnership
developed, it is clear that the
South and Central team had
to pull together to come up
with some specialised and
unique offerings to close the
original deal. Originally, each
staff member had a contract
with a different cellular provider,
with differing signals and dial
out numbers. Being a call based
business; it was a massive
problem to overcome.
Cellphone and data connectivity
with excellent reception was
established, as was a single
dial out number. A full-on
load generator was installed
as the business is IT intensive.
In addition, the company
had employed a contingent
of Muslim staff and a special
prayer room was built within
their premises to cater to
these requirements.
Thanks to a proactive leasing
team, Platinum Life’s needs
were identified well on time
and delivered, above and beyond
the average expectations. This
ultimately culminated in them
signing a new seven year lease
with us for a larger premises.
We look forward to many more
years with this fantastic client.
A HISTORY OF THE PLACE
The Place, situated at 1 Sandton
Drive, was originally developed
with Investec as a sectional title
office development. It was later
converted to Growthpoint’s
head office. The Place is nestled
between the Apple Store and
The US Embassy, who share
this sought-after address. The
location of The Place has the
benefit of exceptional views
and when the Apple Store was
under construction, a height
restriction was established
to ensure that The Place kept
these stunning views.
The Place boasts premium grade
office space of 34,000m² - five
storeys of office space and five
levels of basement parking.
The columns in the basement
and atrium were designed to
accommodate the structure of
the building and the link bridges
are an added feature. The design
of the LED screen (facing Sandton
Drive) is of German origin and
has many exciting features.
The building itself, incorporates
innovative design elements,
which in turn create a sense
of individual identity for each
tenant. Energy efficiency is
also a key consideration in the
design of The Place, with full
back-up power. Energy efficient
light fittings and a massive
upgrade on our HVAC system
is taking place in order to reduce
operational costs even further.
The Place is also currently
being rated using the extensive
Green Building Council of
South Africa’s Existing Building
Performance tool, to achieve
Green Star certification.
Looking externally, the luscious
landscaping facing Sandton
Drive won two Four Seasons
Gardens silver awards at the
annual SALI award’s function
in 2013. The following awards
were awarded:
SILVER AWARD:
Landscape Construction
SILVER AWARD: Landscape
Design and Installation.
The Place boasts high profile
tenants such as Aon, Growthpoint
and Macquarie and continues
to attract blue chip tenants.
Did you know?
We are in negotiations with the
Council to possibly build a link
bridge to Sandton City.
INTRODUCING
GROWTHPOINT’S
SMARTMOVE
Smartmove offers a number of
high quality buildings and office
parks with massive benefits.
Growthpoint will give you 100%
of your first year’s rental in
allowances when you move into
one of our Smartmove buildings.
These benefits will include:
-- FREE rental
-- Contributions to your office
fit-out and relocation costs*
The following buildings
are available:
• Constantia Office Park
• Woodmead Estate
• Homestead Park
• 138 West
• Freestone Office Park
• Menlyn Corner
• Hatfield Gardens
DEVELOPMENT
Welcome Econet Wireless!
We would like to welcome
world-class telecommunications
company, Econet Wireless. The
signing of Econet for 4,700m²
at Anslow, will kick-start the
construction of an attractive,
4 star green rated office
development. This building
will be superbly located on
the intersection of Main road
and William Nicol Drive in
Bryanston. The estimated
completion date is August 2016.
If you need more information
on the Smartmove campaign,
contact Leah Smit on
011 944 6200 or
[email protected]
You can also go to
www.growthpoint.co.za
or follow us on Facebook
and Twitter.
TOUCHPOINT | 1ST QUARTER 2015
b o nus fe at u r e a r t i c l e
GROWTHPOINT’S
TRANSFORMATION
over the years
We are very proud of the fact that we have been actively
involved in transformation from the very inception
of our company. This article appeared late last year
(2014) in the South African Institute of Black Property
Practitioners special edition magazine and takes a look
at the extraordinary journey and ground-breaking strides
we have taken within the property industry.
Growthpoint’s board and
management have always
appreciated and understood the
need for transformation. While
founded in 1987, Growthpoint only
really became an active, growing
company from about 2001, when
still part of Investec, and well after
the end of apartheid and dawn
of democracy in South Africa.
So, we’ve always operated in
a South Africa where achieving
meaningful participation by
historically disadvantaged
South Africans in our economy
is a business imperative. We’ve
always understood the need for
transformation in the country
and for empowerment.
Putting this understanding into action,
Growthpoint was certainly one of the
very first listed property companies to
execute an empowerment transaction.
We introduced our first BEE partners
in an unprecedented fully-funded
R1 billion deal in 2005, the largest
empowerment of its kind in the
property sector at the time.
The BEE consortium comprised the
broad-based empowerment companies:
Amabubesi Investments, Miganu
Investment Holdings, and Unipalm
Investment Holdings, each of which
owned one third interest in the BEE
Consortium which held its interest in
Growthpoint via AMU Trust. Each of
the groupings were required to include
a broad base of shareholders in their
respective consortiums.
The trust acquired around 14% of the
total Growthpoint linked units in issue
at the time, with a unique mezzanine
funding structure especially
designed for the deal. As part of the
transaction, the BEE consortium
also acquired a 14% interest in the
Growthpoint management contract,
which was sold to them by Investec
Property Group Limited.
Our new BEE partners added valuable
strategic input for Growthpoint
and made positive contribution at
shareholder and board level. Key roleplayers and shareholders in Amabubesi
included Bulelani Ngcuka, Sango
Ntsaluba, Thabiso Tlelai and Peter
Moyo whilst Miganu Chairman, Mzolisi
Diliza and Dr Penuell Maduna were
the key representatives of Miganu.
Cape based entrepreneur Ragavan
Moonsamy and Lazarus Zim were
the largest shareholders in Unipalm.
Mzolisi Diliza, the representative
for Miganu, was already a
director of Growthpoint thanks
to our earlier Mines Pension Fund
transaction, and two further
representatives of the AMU Trust,
including Ragi Moonsamy were
also appointed to Growthpoint’s
board. Diliza participated in the
original BEE commission chaired
by Cyril Ramaphosa, which was
set up to deal with the economic
transformation of South African
business. As CEO of the Chamber
of mines and with his mining
background, Diliza also participated
in the mining charter which was
trail-blazing for the industry and
the first charter to be gazetted
into law, even beating the DTI
to the finishing line. Diliza has
been, and remains, a champion
of transformation at Growthpoint
as chairman of our dedicated
Transformation Committee.
Shortly after that initial BEE
transaction in 2005, we completed
a second transaction in 2006, with
black controlled and management
property investment holding
company Phatsima Properties,
led by Herman Mashaba. This
transaction followed Growthpoint’s
takeover of Metboard, with Mashaba
being the chosen empowerment
partner for Meboard and a director
at the time.
Phatsima Properties
acquired 2.3% of
Growthpoint’s units
in issue, which then
had a market value
of R280 million,
also fully funded with specially
created mezzanine funding. As an
integral part of the transaction,
Phatsima also acquired a 2.3%
interest in the Growthpoint asset
management contract from Investec
Property Group.
Mashaba, who held a 40% indirect
beneficial interest in Phatsima,
was a non-executive director of
Growthpoint and continued to
represent Phatsima in this position.
Today, he is Deputy Chairman of
Growthpoint. Other key role-players
and shareholders in Phatsima included
the ABM Kalla Family Investment,
Selomane Maitisa, The Field Band
Foundation, Jacqueline Mafumadi,
Tim Modise and Joyce Dube.
CLICK HERE TO READ
THE FULL ARTICLE
TOUCHPOINT | 1ST QUARTER 2015
RETAIL SPACE
THE MAJOR FACTORS THAT INFLUENCE OUR
DECISIONS ON WHERE TO SHOP
According to the major new
research from global property
advisor CBRE late last year, the
following stats were revealed:
WHAT FACTORS INFLUENCE
A GREAT SHOPPING EXPERIENCE?
88%
of European shoppers
(21 000 shoppers across 21 countries)
want a good range of retailers and
an inclusive shopping experience
CLEANLINESS, PRICE
and CONVENIENCE
are top factors for the more
mature shopper
The
social experience
is more important for
the younger target market
TOUCHPOINT | 1ST QUARTER 2015
WHO USES SOCIAL MEDIA TO
KEEP UP WITH SPECIALS ETC?
36%
OF WOMEN
and of this:
40%
ARE YOUTH
(18-24 year olds) and
35%
ARE HIGH EARNERS
SHOPPING MALLS ARE A GREAT
PLACE TO MEET FRIENDS*
70
%
OF FEMALE
SHOPPERS
49%
OF MALE
shoppers
*in Great Britain:
TOUCHPOINT | 1ST QUARTER 2015
GREAT RESTAURANTS
AND EATING EXPERIENCES
ARE IMPORTANT:
31%
OF YOUNG SHOPPERS
in Great Britain
36%
OF YOUNG SHOPPERS
in Ireland
21%
OF ALL CONSUMERS
DID YOU KNOW?
YOUNG
SHOPPERS
use a
SHOPPING CENTRE APP
TWICE A
MONTH
*Source: Property Wheel
TOUCHPOINT | 1ST QUARTER 2015
Growsmart’s
EXPANSION & SUCCESS
This January, we launched Growsmart 2015 at
Metro North education district. The response
from both old and new participating schools
was overwhelming. Another three launches
will be taking place over the next month and
our first competition round will occur in April.
Each launch involves inviting both old
and new schools that fit the criteria, to
join the programme and this year the prizes
are unbelievable with First Place receving
an iPad lab worth R260 000.
This will be our second year running the
Story Writing competition and we have
opened up the competition to an additional
600 learners from the Growsmart teams.
Good luck to all!
Twitter: @Proppoint
www.facebook.com/Growsmart
TOUCHPOINT | 1ST QUARTER 2015
Mr Colin Steyn, who was appointed
as an Independent Non-Executive
Director of the Company in September
2001, retired on 18 November 2014.
During his distinguishable tenure
on the Board, he served on several
Board Committees including the Audit
Committee, which he chaired up until
12 November 2013 and Property
Committee. He was also the former
Chairman of Barprop Ltd and a past
President of SAPOA. We extend our
gratitude to Mr Steyn for his invaluable
contribution and unwavering support
to the company.
During the latter part of November,
Growthpoint was listed as an upward
mover, inching from 66th to 65th
which, as the only REIT represented
on the JSE ALSI 40, ranked 22 out
of the Top-40 Index companies over
five years, with a 20.75% compound
annual growth rate.
ANNOUNCEMENTS
The Sundowner race took place
in Cape Town on 18 December last
year. Congratulations to Bulelwa
Simae (Ladies winner) and Sibusiso
Soldaka (Men’s winner)!
TOUCHPOINT | 1ST QUARTER 2015
TECHNOLOGY
TRIVIA
If you are a budding entrepreneur,
filled with fantastic idea but minus
the much-needed funding to get your
idea to market, why not consider this
great new funding platform?
Why not try Kickstarter?
Kickstarter is a funding platform for
creative projects including film, games,
music, art, design and technology. Since
Kickstarter’s launch on 28 April 2009,
over $1 billion has been pledged by
more than 7 million people, funding
more than 77,000 creative projects.
How does Kickstarter work?
Thousands of projects are being funded
on Kickstarter at any given moment.
Each project is independently created
and crafted by the person behind it.
The filmmakers, musicians, artists, and
designers you see on Kickstarter have
complete control and responsibility over
their projects. They spend weeks building
their project pages, shooting their videos,
and brainstorming what rewards to offer
backers. When they feel ready, a creator
can launch their project on the site and
share it with their community.
Every project creator sets their project’s
funding goal and deadline. If people like
the project, they can pledge money to
make it happen. If the project succeeds
in reaching its funding goal, all backers’
credit cards are charged when the
time expires. If the project falls short,
no one is charged.
What is Kickstarter for?
Everything on Kickstarter must be
a project. A project has a clear goal,
like making an album, a book, or a work
of art. This will eventually be completed
and something will be produced by
it. Kickstarter does not allow projects
to fundraise for charity and does not
offer financial incentives.
What do backers get in return?
Backers that support a project on
Kickstarter get an inside look at the
creative process and help that project
come to life. They also get to choose
from a variety of unique rewards offered
by the project creator. Rewards vary
from project to project, but often
include a copy of what is being
produced (CD, DVD, book, etc.)
Project creators keep 100% ownership
of their work and Kickstarter cannot
be used to offer equity, financial returns,
or to solicit loans.
TO START YOUR FUNDING CAMPAIGN NOW,
VISIT WWW.KICKSTARTER.COM
Source: www.kickstarter.com
TOUCHPOINT | 3RD QUARTER 2014
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