Real estate investment trust Growthpoint Properties has started the multimillion-rand development of a new head office for diversified miner Exxaro Resources.
Exxaro’s new corporate headquarters will consolidate its current offices in Pretoria and Johannesburg into a single workspace, located at a convenient midpoint in a decidedly accessible location for its staff and business partners.
Exxaro will occupy all of the new building’s 18 500 m2 of gross lettable area on a long lease.
The development broke ground in February and construction will begin in September.
It will be ready for occupation in early 2019 when it will be able to accommodate up to 1 400 staff members.
“We are excited to develop this new head office, tailored to meet Exxaro’s specific requirements that will be a healthy and energising working environment for this leading business, its people and its partners to thrive,” Growthpoint Properties office division director Rudolf Pienaar said in a statement on Tuesday.
The building is designed for a 4 Star Green Star SA certification from the Green Building Council South Africa (GBCSA), which is also in line with Growthpoint’s high environmental standards for its office developments.
“The new location and style of the building is aligned with our strategy on innovation and consideration for carbon emissions reduction,” Exxaro CEO Mxolisi Mgojo noted.