Emira Property Fund is set to complete the total refurbishment of its 9 800 square meter Denver warehouse facility in Johannesburg by March this year.
Situated on the corner of Mimetes Road and Kruger Street, Emira is investing R8.2 million in the major revamp project, which will bring the industrial property to the forefront of modern business accommodation.
Ulana van Biljon, Chief Operating Officer of Emira Property Fund comments:
“By refurbishing our Denver warehouse Emira is furthering our strategy to improve the quality of our assets. This property is part of our core portfolio because it has great fundamentals in place; an excellent location in an established industrial area, easy highway access, security, and ample electrical power. Now, with this upgrade, we are refreshing the building to support the latest warehousing and business operations.”
Upon completion, the facility will offer conveniently positioned modern warehousing of nearly 9 800 square meters. The new building will comprise of some 1000 square meters of contemporary offices. A new courtyard will bridge the offices and the 8 800 square meter warehouse. Both offices and the warehouse will be fitted with energy-efficient lighting to lower the occupancy costs.
The upgraded warehouse property will have its own gatehouse positioned at a reconfigured entrance point with electric gates, supporting both security and ease of access. New parking canopies are being installed to cover 86 of the 120-plus parking bays. New fencing will surround its entire perimeter. It will also benefit from a water-wise landscaping makeover.
“Our upgraded Denver warehouse offers a modern and affordable position in a convenient location,” concluded van Biljon.