Furniture to be amortized on the rental. Phase 1 of the development which comprises 18000 m² of A-grade office space over 6 floors is let to NASDAQ listed 2U – Get Smarter. North facing with Table Mountain as the backdrop and Table Bay ahead the site stands proud on the southern side of Victoria Road. This central position just off Nelson Mandela Boulevard offers ease of access into Cape Town CBD, the Southern Suburbs, N2 outbound toward Cape Town International Airport, and minutes from the N1 North and South. One of the highlights of this development is that the building has been designed to attain optimal comfort levels by using a thermally activated building system (TABS). TABS uses the principle of radiant heat transfer, whereby the structure is cooled (or heated) and the human body then exchanges heat with the surrounding structure. In the case of this building, all the floor/ceiling slabs are cooled/heated by passing chilled or heated water through piping loops embedded in the concrete slabs. The TABS concept results in a 30% reduction in operating cost for the building, while at the same time providing very stable, draught-free comfort conditions. The thermal inertia of the structure also has the benefit of providing continuous cooling/heating even during power outages that may last between 2 – 4 hours. A 25 ton generator was also recently installed.

Phase 1 of the development which comprises 18000 m² of A-grade office space over 6 floors is let to NASDAQ listed 2U – Get Smarter. North facing with Table Mountain as the backdrop and Table Bay ahead the site stands proud on the southern side of Victoria Road. This central position just off Nelson Mandela Boulevard offers ease of access into Cape Town CBD, the Southern Suburbs, N2 outbound toward Cape Town International Airport, and minutes from the N1 North and South. One of the highlights of this development is that the building has been designed to attain optimal comfort levels by using a thermally activated building system (TABS). TABS uses the principle of radiant heat transfer, whereby the structure is cooled (or heated) and the human body then exchanges heat with the surrounding structure. In the case of this building, all the floor/ceiling slabs are cooled/heated by passing chilled or heated water through piping loops embedded in the concrete slabs. The TABS concept results in a 30% reduction in operating cost for the building, while at the same time providing very stable, draught-free comfort conditions. The thermal inertia of the structure also has the benefit of providing continuous cooling/heating even during power outages that may last between 2 – 4 hours. A 25 ton generator was also recently installed.