Areas and Places News

Waterfall announced as the new business home of Hilti, Stryker and Schneider Electric.

An artist’s impression of Hilti’s new SA country headquarters being developed in Waterfall by Atterbury Property Development.

Atterbury Property Development together with Attacq Waterfall Investment Company are developing top-notch premises for three more leading companies at Waterfall. Top companies Hilti, Stryker and Schneider Electric have all chosen to join the burgeoning number of businesses in this vibrant new city, continuing its rising trajectory among South Africa’s best business addresses.

Waterfall, ideally located between Midrand and Sandton, is one of the largest ‘greenfield’ urban concept developments in the country. With its many advantages, it is quickly becoming one of the strongest and most successful commercial nodes nationally.

To date, nearly 30 leading commercial and industrial companies have chosen the growing Waterfall development as their base for business success. These include PwC, Servest, Colgate Palmolive, Cell C, Group 5, Altech, Digistics, Massbuild, Cipla, Golder & Associates, MB Technologies, Virgin Active, Premier Foods, Dräger S.A, Westcon Group, Novartis, Covidien, Cummins, Honda Motor SA, Attacq and Atterbury, as well as City Lodge Hotel.

Waterfall also features an extensive variety of retail, with the iconic new 131,000 m² super-regional shopping centre, Mall of Africa at Waterfall City, set to open in 2016.

Attacq Waterfall Investment Company holds the development rights to the prestigious Waterfall City. It is wholly by owned by JSE-listed real estate capital growth fund Attacq.

Attacq CEO Morné Wilken and Coenie Bezuidenhout, the Director of Atterbury Property Development responsible for coordinating this immense commercial real estate project, both hailed Hilti, Stryker and Schneider Electric’s move to Waterfall.

Wilken says: “Hilti, Stryker and Schneider Electric are all respected business names and leaders in their respective fields, and we welcome them to Waterfall. This vibrant and flourishing business node really meets the business requirements of modern companies. It offers more than a commercial precinct designed to work for business. It is an exceptional asset that also provides all the amenities needed for everyday living, from retail and restaurants to hotels and hospitals.”

Says Bezuidenhout: “Atterbury is creating a strategic business presence, with purpose-designed premises, for each of these businesses. Their new buildings will support optimal operation. They also create workspaces ideally suited to reflect the unique brand and values of Hilti, Stryker and Schneider, and create quality environments that will help achieve their future goals.”

Hilti, based in the European principality of Liechtenstein, provides leading-edge technology to the global construction industry. Hilti is moving its SA country headquarters to Waterfall Logistics Precinct. In a tailor-made facility it will combine offices and a warehouse. With an ultra-modern design evocative of prime office structures, the new head-office will also include training space for Hilti product end-users. Construction is underway and Hilti is scheduled to begin trading from its dynamic new address from 1 October 2015.

Stryker is a US-based Fortune 500 firm and market leader in the rapidly growing orthopaedic implant and equipment market. Its new SA premises will comprise of offices and warehouse. The crisp, clean lines of this new building will be highly visible from Bridal Vale Road, where Waterfall is constructing the new bridge over the N1 highway. Stryker will begin its operating in its new premises on 1 October 2015.

Bezuidenhout points out: “Waterfall is swiftly becoming the hub for medical equipment and pharmaceutical companies in South Africa. Stryker South Africa’s relocation to Waterfall further supports this.”

Introducing the first LEED Silver-rated building to Waterfall, Atterbury has begun the development of Schneider Electric’s new 4,265sqm building. As a global leader in energy management, sustainability is at the heart of Schneider Electric’s business, and its commitment to the environment will be reflected in its new green premises. Earthworks began in February this year and construction is set to start on 1 April 2015. A French-based multinational, Schneider Electric will begin functioning out of its new environmentally innovative SA office building before the end of 2016.