August 2013
CONSTRUCTION WORLD
51
shopping malls & office developments
cords for single tenant industrial buildings,
in our experience very little has changed
regarding multi-tenant industrial buildings.
The adjustment in rentable area is quite no-
East Rand Mall’s Woolworths Court.
ticeable for single tenant industrial buildings.
This project is extremely worthwhile and
welcome the new measurement method. In
the end the areas will not change immedi-
ately for a tenant lease but in the long term
on renewal or negotiation of new leases a
definite increase in rentable area and prop-
erty value will be experienced.
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