Centurion Square Phase 1, a 9300 square meter office development is due for completion in October 2015 at a cost of over R200 million
PPS, the only mutual financial services company in South Africa which focuses exclusively on graduate professionals, today announced that the Green Building Council of South Africa (GBCSA) has awarded a Five Star Green Star Office v1 Design rating certification to the PPS Property Fund Trust’s latest green office development in Centurion. Centurion Square Phase 1, a 9300 square meter office development is due for completion in October 2015 at a cost of over R200 million. The potential area of the entire site exceeds 21,800 square meters with a Phase 2 office of 12,500 square meters in the planning stages.
Tiffany Boesch, Group Financial Director of PPS, says the company is proud to be part of the development and to occupy Centurion Square alongside its tenants. “Investing in green technology will not only lead to cost reductions in the long term, but will also result in reduced use of resources and have a positive impact on the health and wellness of the occupants and surrounding community.
“At PPS, about 15% of our members are professionals within the built environment and we therefore are duty bound to be at the cutting edge of construction trends and green building technology. When the opportunity presented itself to develop a new office park through our property fund, we embraced this opportunity to collaborate with the Green Building Council South Africa and demonstrate our commitment to environmental stewardship and social responsibility,” says Boesch.
The GBCSA is a nationally accepted organization that leads the transformation of the South African property industry to ensure that buildings are designed, built and operated in an environmentally sustainable way. The GBCSA’s mission is to promote, encourage and facilitate green building in the South African property and construction industry through providing an established common language and best practice standard of measurement for green buildings through the Green Star SA rating tools.