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CURRENT SHARE PRICER 13.17
JSE CODEEQU
PREV. CLOSER 13.12
MOVEMENT0.38%
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COMPLETED DEVELOPMENTS

RICOH South Africa - Equites Park, Meadowview

Gauteng, South Africa
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RICOH South Africa - Equites Park, Meadowview

Site Coverage

45%

Proprerty Type

DC

GLA

7,527m2

Completion

June 2022

Locality Highlights

SITE

  • Ideally located adjacent to the N3 highway and the R25 Modderfontein Road.
  • OR Tambo International Airport is approximately 14km away.
  • The K113 road links the precinct directly to Marlboro Road.

PARK

  • Modern infrastructure, fibre optic cabling.
  • Ample power within the park – Eskom power.
  • Labour pool within close proximity.
  • 24-hour security within a landscaped park maintained by the Meadowview Property Owners Association. Existing estate tenants include DSV, Geberit, Rohlig Grindrod, and Triton Express.
  • Approximately 12 hectares of land are available for development.

Tenant

Our Meadowview speculative development, a combined office and warehouse located at Equites Park in Meadowview Business Estate - Gauteng, South Africa is tenanted by RICOH South Africa, a leading office automation company.  The facility received alterations to accommodate RICOH’s extended office requirement, and accommodates their additional workshop requirements.

Designed and built to incorporate EDGE principles, the base build development has achieved EDGE Advanced preliminary certification, meaning that the facility incorporates savings of a minimum of 40% in energy, water, and embodied energy in materials. The facility also hosts its own solar photovoltaic system.  

Ideally located adjacent to the N3 highway and enclosed in a secure park, the facility’s base-build specifications include a 13.5m clear springing height, a warehouse floor load capacity of 80 kN, mechanical ventilation, LED lighting, canopies over the docks and on-grade doors, and a fire sprinkler-protected warehouse compliant to ASIB 12th edition. 

“The move supports our transformation and sustainability goals. The new building is in the centre of commercial industrial activity. It has excellent freeway access. And it is a new development with outstanding warehouse facilities. There is also green energy, an indigenous garden, it is energy efficient, uses natural light, and has a sustainable potable water supply. That means we can offer our customers uninterrupted business support. They will have a better customer experience. And our employees will have a safe, comfortable and convenient workspace for the time they are in the office” - Jacques van Wyk, CEO of RICOH South Africa.

| About RICOH | 

Ricoh is empowering digital workplaces using innovative technologies and services enabling individuals to work smarter. For more than 80 years, Ricoh has been driving innovation and is a leading provider of document management solutions, IT services, commercial and industrial printing, digital cameras, and industrial systems. Headquartered in Tokyo, Ricoh Group operates in approximately 200 countries and regions. In the financial year ended March 2017, Ricoh Group had worldwide sales of 2,028 billion yen (approx. 18.2 billion USD).

© 2024 Equites Property Fund Ltd.
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