banner

GreenProperty
1686 Views

Green buildings catching on in South Africa


South Africans are increasingly opting for green property solutions in both their residential and commercial investments. This is excellent news for property values in the future, and is increasingly setting the standard for planning and construction.

Find sales opportunities in your market

According to a recent study of industry stakeholders by US-based construction think-tank Dodge Data and Analytics, “green building” – that is, designing buildings to limit their environmental impact – is making strong headway in South Africa. It estimated that around 41% of the country’s construction activity in 2015 was green. This was the highest of the 13 countries surveyed.

The countries surveyed include both mature markets for green solutions (such as Germany and the UK), and emerging markets (such as India and Colombia). The average level of green construction activity across all 13 was 24%.

Moreover, South African firms report high expectations of green work in future. Some 61% expect green building to account for more than 60% of their operations by 2018.

Green buildings are rapidly becoming the big story of the real estate industry.

Green buildings make sense

Conventional buildings make a significant contribution to greenhouse gas emissions, and consume large volumes of water.
From the perspective of environmental protection, green buildings make sense. It’s particularly encouraging to note that the Dodge study found that going green in South Africa was driven by a sense of it being ‘the right thing to do’, and by the requirements of clients. This shows that environmental concerns are increasingly integrated into the property market.

For South African property owners, the experience of power outages and escalating electricity tariffs make green solutions such as solar power a practical consideration.

Although greening a building – whether building new or retrofitting – can be expensive, the savings in future operational costs invariably make the initial investment worthwhile.

Green buildings are about comfortable and productive living that takes into account the realities of our environmental stresses. They are also an excellent investment: green features can add to the value of a property and make it vastly more attractive to buyers. And they are also the future: what is considered distinctly green today, will be standard in years to come.
Earn valuable CPD credits

Redeem your 50% discount

How to use product life cycle analysis to your advantage. (David Baggs)

Source: rnews


Follow Alive2Green on Social Media
TwitterFacebookLinkedInGoogle +

Recently Published

Innovation
»

Schneider Electric innovations shine in Germany

In an ever-changing digital world, for everything from new business ...

candle
»

Load shedding highly likely this winter – energy expert

The possibility of load shedding by Eskom in South Africa this winter ...

SAEEC2
»

2nd Call for Papers: 2018SAEEC Conference

The President of the board of the Southern African Energy Efficiency ...

UTILITY WEEK2
»

Start planning your 3 days at African Utility Week now!

With 6 conference tracks, 5 co-located events, 1 breakfast, 4 ...

Manufacturing - key issues
»

Key issues to be discussed at the upcoming Manufacturing Indaba 2018 conference

The 5th annual Manufacturing Indaba, taking place on 19-20 June 2018, ...

a2g African Construction
»

Learning and Networking for the Construction Industry

The African Construction and Totally Concrete Expo returns to ...

a2g manufacturing Indaba
»

Developing New Manufacturers Advancement in machine learning and industrial innovations vital to boosting South Africa’s manufacturing sector.

 Following the 2008 financial crisis, which caused many industrial ...

Smart City
»

Smart Cities Redefining Property Developments

Some of South Africa’s biggest mixed-use developments are evolving ...

Landscaping
»

Changing Landscaping Habits – Cape Town’s Day Zero threat to change landscaping habits says Easigrass

As dam levels in the Western Cape hover at around 20 percent, the ...