Housing in Southern Africa September 2016

H O U S I N G in Southern Africa

ED’S NOTES

Nedbank’s green affordable housing… Thedevelopers’ favouritebanker, ManieAnnandale, Headof Affordable Housing Development Finance at Nedbank, identified the need for ‘green’ affordable housing almost three years ago. This has resulted in more than1 000Gapmarket and social housingunits beingbuilt, which will receive the coveted Excellence in Design for Greater Efficiencies (EDGE) certification from the Green Building Council of South Africa.

THE TEAM

EDITOR Carol Dalglish housing@crown.co.za ADVERTISING Brenda Grossmann brendag@crown.co.za DESIGN Karen Smith PUBLISHER Karen Grant DEPUTY PUBLISHER Wilhelm du Plessis Colin Mazibuko CIRCULATION

E nergy efficiency and green building in the affordablemar- ket is something all develop- ers should strive for and no t only to simply complywithminimum legisla- tion requirements. Annandale points out that amiddle-class family earning R15 000 back in 2010 may have spent R750 on electricity but today this has risen by more than 60%, while their income has certainly not kept pace. Tenants of The Block in Glenhaven in Cape Town and Danica Manor in Ravenswood in Johannesburg’s East Rand will soon have access to EDGE certified rental apartments, funded by Nedbank and International Hous- ing Solutions. Nedbank Corporate and Invest- ment Banking recently interviewed affordable housing developers in the Western Cape to test consumer attitudes to green stock and gauge the readiness of the market. Solar water heaters appealed to a signifi- cant portion of themarket and even residentswho showednopreference for environmental sustainability at occupation have become enthusi- astic adopters when they realised the savings. The City of Johannesburg re- cently handed over keys to benefi- ciaries of newhouses at the Fleurhof Integrated mixed use housing de- velopment on Main Reef Road. The Fleurhof project will provide hous- ing for 83 000 people on completion. The former Mayor of Johannesburg, Parks Tau announced that 9 154 families will be housed by the city in the next three years. Interface EMEA CEO and Presi- dent of the world’s largest modular flooring producer, Rob Boogaard has appealed to the construction industry to set ‘outrageous but sustainable targets’ and reduce carbon dioxide emissions. He cites

the alarming tendency to develop a ‘green product’ without doing the hard work to internally eliminate any negative impact on the envi- ronment during the manufacturing process. Interface’s Netherlands plant uses 100% recycled products to produce flooring. The plant’s power is produced from chocolate waste and dead fish heads. Leading infrastructure group, Aveng has soldoff its equity interests in fourmajor infrastructure develop- ments to Royal Bafokeng Holdings – the 138 MW Gouda Wind Farm; its 27 year concession to build, oper- ate and maintain the Department of Environmental Affairs office campus in Tshwane; the N3 Toll concessions to build, design, finance and operate the toll road between the Cedra In- terchange in KZN to Heidelberg; and the 74 MW Sishen Solar Photovoltaic Plant in the Northern Cape. Kutana has acquired Aveng’s 70% stake in Steeledale, a reinforcing and mesh business. We hope you enjoy the read.

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Carol Dalglish • Editor

AVERAGE CIRCULATION (SECOND QUARTER 2016) 3 728

Govan Mbeki Awards 2014 - Best Media - Housing in Southern Africa

September 2016