SA Real Estate Investment Trust, Emira Property Fund, has committed to sustainable development through greening their portfolio with the Green Building Council of South Africa.

Recently promulgated SANS 10400-XA, which regulates the minimum standards required in terms of energy efficiency in new buildings, will push up the cost of new developments but will result in long term energy savings  for end users.

And while developers such as Rabie wholeheartedly welcomed the new legislation as it was imperative to find ways to reduce the carbon footprint and increase sustainability of development, it does present the industry with new and additional challenges, which would inevitably increase building costs that in turn would have to be passed on to the consumer

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