Why leading businesses prefer new industrial buildings
In recent years around South Africa a large number of new industrial warehouses and factories have been built by companies, and by landlords for tenants. Consequently, these new businesses and occupiers now understand why businesses prefer new industrial buildings.
New industrial buildings are typically much higher than older buildings and hence the use of the full vertical area of the building. Due to the height, the greater R/m² (square metre) rental of the new facility often translates to a lower R/m³ (cubic metre).
A business can specify upfront what configuration they would like the building to be, thus allowing for more efficient usage of floor space. Businesses can also plan as most buildings take about eight months to complete.
Most modern buildings have structural benefits such as fewer columns, allowing for greater flexibility and higher productivity of their space over time.
New, high specification, super flat floors offer better safety standards and less wear and tear on forklifts.
Adhere to latest fire regulations.
Modern security systems.
Yard areas and loading bays designed with large modern trucks in mind.
Modern buildings provide for reduced energy costs of various utilities:
- Significant amounts of natural lighting. Lower lighting costs.
- Energy efficient lighting. Lower lighting costs and longer usage per low wattage item.
- Reduced water wastage and hence less water usage.
- Reduced temperature control costs.
- Provision for solar energy installations.
Use of modern, environmentally sensitive materials. Often these materials also last longer than their older, outdated predecessors.
New buildings with a modern design provide an appealing, healthy environment for staff. Hence better productivity, lower staff turnover and improved quality of life.
Contact Epping Property for a discussion on options and locations for a new development in the central industrial areas of Cape Town. Read The Ultimate Guide on How to Invest in the Industrial Property Market.