Growthpoint tenants who sign new leases of three years plus in the REIT’s Johannesburg office portfolio can now convert up to 30% of their tenant installation allowance into FlySafair flight vouchers through a first-of-its-kind office tenant travel benefit, Growthpoint SmartFlight.

The vouchers, redeemable through a central digital wallet using the latest blockchain technology, offer Growthpoint tenants the opportunity to unlock business travel.

Growthpoint says the initiative marks a bold shift in commercial property leasing. Industry-wide, tenant installation allowances are typically limited to fit-ours and furnishings but with Growthpoint SmartFlight, tenant installation allowances now become a strategic asset that recognises that in today’s business world, connection is as critical as space.

“FlySafair is proud to be part of an innovation that puts real business benefits in the hands of Growthpoint’s tenants,” comments Kirby Gordon, FlySafair CMO and Executive Manager.

Growthpoint SmartFlight vouchers are valid for 12 months, redeemable for FlySafair domestic flights and subject to standard FlySafair and Growthpoint terms and conditions.

“SmartFlight builds on a new kind of thinking that is reshaping offices into strategic resources that help South African businesses stay agile, competitive and connected,” says Timothy Irvine, Growthpoint Properties Head of Asset Management: Offices.