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CURRENT SHARE PRICER 18.37
JSE CODEEQU
PREV. CLOSER 18.37
MOVEMENT0.00%
12
21

COMPLETED DEVELOPMENTS

Sandvik - Equites Park, Riverfields

Gauteng, South Africa
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Sandvik - Equites Park, Riverfields

Site Coverage

36%

Property Type

Logistics

GLA

25,599m2

Completed

July 2021

Locality Highlights

  • This development will be the first completed development at Riverfields - a location that has proven popular with a wide range of users.
  • Development commenced in H1 2020 and completion is expected in Q1 2021.
  • Ideally located next to the R21 and R23 Interchange.
  • The tenant will have access to free solar-generated power.
  • 9km from O.R.Tambo International Airport.
  • Access control and 24-hour security within a landscaped logistics park.
  • Shared pumps and tanks.

Tenant

Equites welcomed Sandvik to their impressive 25,599m² warehousing facility at Equites Park, Riverfields - Gauteng, South Africa in May 2021. Sandvik is well-positioned in a fast-developing logistics node within the Riverfields precinct, which is home to tenants the likes of Imperial Health Solutions, DHL, DSV, John Deere and more. The Sandvik facility, which has been designed and built to incorporate EDGE principles to achieve a target of more than 20% efficiencies in energy, water, and materials, comprises three workshops, a machine test track and Sandvik’s head office.

Sandvik, the high-tech and global engineering group focused on mining and rock excavation, metal-cutting and materials technology, was founded in 1862 with its headquarters in Stockholm, Sweden.

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