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Rudolf PienaarGrowthpoint donates R1.5 Million towards new utilities benchmarking tool 13 March 2013

Growthpoint donates R1.5 Million towards new utilities benchmarking tool 13 March 2013

20 March 2013

Growthpoint, together with ESKOM, recently sponsored The Green Building Council of South Africa's (GBCSA) Water and Energy Benchmarking Tool worth a total of R3 million. This online rating tool offers property owners the opportunity to benchmark the water and energy consumption of their existing buildings. 

Growthpoint contributed its office portfolio to the pool of properties that were used to form the benchmark. The data from these buildings was statistically analysed, a methodology in evaluating consumption formulated and a benchmarking tool created. Once all the data had been collected and analysed, a comparison against the GBCSA benchmark in respect of water and electricity consumption is determined.

With Growthpoint’s entire office portfolio’s water and electricity bench-marked, we can now market the benefits of leasing any of these buildings, while on the other hand, addressing the buildings that are above the benchmark. The tool will ultimately reduce building utility costs as building owners implement sustainable alternatives - to the benefit of tenants.