Attacq Limited has recently completed a significant logistics development at Waterfall City. This expansion is set to boost economic growth and attract top-tier international brands. A noteworthy aspect of this development is the entrance to the market of Jetour South Africa’s upcoming commencement of operations in August 2024.
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JSE-listed Real Estate Investment Trust (REIT), Attacq Limited, announced the completion of Waterfall City’s latest logistics development in May this year. The new addition features three state-of-the-art warehouses and ancillary offices, which addresses the rising demand for premium, custom-built logistics spaces.
Premium warehousing space can accelerate business growth, and Waterfall City is expanding its Logistics Hub to offer growth opportunities for tenants. This serves as a magnet for economic development, providing a competitive edge and world-class infrastructure. The hub is setting the stage for commercial collaboration and opening the South African market for brands with global standards.
Waterfall City is unique in South Africa as it provides the value-added logistics and industrial infrastructure necessary for cities to thrive. With a focus on driving growth and innovation, this leading world-class city is increasingly becoming the preferred destination for international businesses and top-tier brands. As a home to global companies and a centre for collaboration among top-tier brands, Waterfall City proudly welcomes Jetour South Africa, a wholly owned subsidiary of Jetour Auto.
A thriving hub
This milestone marks a significant addition to its already thriving hub, with Jetour set to commence operations in August. Jetour South Africa will manage new car sales and after-sales service for the Jetour brand, introducing the first right-hand drive models to the South African market in the third Quarter of 2024.
Jacky Chen, General Manager of Jetour’s international business, says, “We are excited to join Waterfall City, a location that embodies innovation and growth. Our presence here underscores our commitment to providing exceptional service and forging strong partnerships in South Africa.”
Debbie Theron, Attacq’s Head of Asset & Property Management – Mixed Use, remarks, “We are thrilled to announce the exciting arrival of Jetour South Africa in Waterfall City. This marks a significant milestone in our ongoing efforts to build an exceptional logistics hub that is tailored to the ever-evolving requirements of modern businesses.
Features and Benefits
These newly completed warehouses, which range between 4,400 square metres and 5,319 square metres in size, offer several benefits designed to appeal to small and medium-sized businesses looking to expand their local footprint. The strategic location within Waterfall City Logistics Hub provides excellent visibility and access to the N1 highway and other major arterial routes, making it easier to manage and streamline distribution and supply chain channels.
The development also prioritises environmental sustainability. Features include:
– Energy-efficient LED lighting throughout.
– Performance glass to reduce HVAC usage.
– Low-flow sanitary fittings to minimize water consumption.
– Roofing designed for solar panel installation.
Additional eco-friendly measures include the use of low VOC paints, recycled steel, dual flush toilet actuators, rainwater harvesting compatibility, and a backup water supply. These initiatives align with Attacq’s commitment to reducing environmental impact and promoting sustainable design and business practices.
There is a strong market interest and confidence in the development. Two units remain available, offering businesses the chance to secure space in a thriving logistics hub known for its comprehensive infrastructure and strategic location.
This development strengthens Waterfall City’s position as an attractive collaboration and industrial hub in South Africa, which already boasts clients such as Cotton On, Vantage Data Centres, Cummins, Plumblink, Zimmer Biomet and Massbuild. It also extends the Waterfall City Logistics Hub
Discover how Waterfall City’s new logistics spaces can support your business growth and operational efficiency.
Waterfall City pictures above: Franz Rabe.
