CAPE TOWN: The Attacq Waterfall Investment Company (AWIC) has been granted a total loan of R1.35 billion by Nedbank Property Finance for three new developments in the Waterfall City precinct in Midrand.
AWIC, which is wholly owned by Attacq, has commenced with the construction of the new head office for PricewaterhouseCoopers (PwC), as well as offices and warehouse facilities for Hilti South Africa and Stryker South Africa in the precinct.
The PwC head office will comprise a total gross building area equating to about 116 000m2, which includes 40 000m2 of gross leasable area of offices over 25 storeys and 1 822 basement parking bays on five levels. The 3 800m2 warehouse development for Hilti SA will boast offices on the ground and first floor, 1 700m2 of warehouse space with 60 open parking bays and 40 covered parking bays. The two rectangular double volume warehouses will also offer ablution and kitchen facilities.
