Attacq’s Nexus 1 building in Waterfall City has achieved the certification of Excellence in Design for Greater Efficiencies (EDGE) which also serves as the REIT’s headquarters.
Introduced by the International Finance Corporation (IFC) in 2014, EDGE empowers developers to assess environmental impact and make informed design decisions, globally championing green building practices.
The certification represents a double milestone for Attacq, as Nexus 1 becomes the first Green Star Certified building in South Africa to also attain EDGE certification through the Green Building Council of South Africa (GBCSA). Partnering with Nedbank CIB, it also marked the first instance of a bank collaborating with a developer and acting as an EDGE Expert in a green building certification.
The Nexus 1 building, spanning 7 363m², was Attacq’s first Net-Zero Carbon Level 1 development, which now also meets a global benchmark set by the World Bank’s IFC, achieving an 88% on-site energy saving.
Waterfall City has attracted numerous global blue-chip companies such as DP World, Cisco, Dell, Novartis, Pfizer, Ericsson, Dimension Data and Accenture. The City’s strategic position adjacent to the N1 highway between Johannesburg and Tshwane offers excellent visibility and accessibility within Gauteng, making it an attractive location for ultra-modern light and high-tech industrial, logistics, and distribution businesses attracted to efficient and sustainable buildings.
Nedbank CIB Property Finance’s involvement dates to 2021 when it partnered with the IFC to issue a R1 billion green residential development bond, emphasising its commitment to EDGE-certified residential developments, particularly those focused on affordable housing.
