Australand commits to five-star Green Star for new projects

by FM Media
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Leading diversified property group Australand has once again raised the bar in the property sector after committing to achieve minimum five-star Green Star – Design & As Built ratings for all of its new industrial, commercial and retail projects.

According to the Green Building Council of Australia’s (GBCA’s) chief executive officer, Romilly Madew, a long-term commitment to sustainability has positioned Australand as one of the most progressive and successful diversified property companies in Australia.

“Australand has spent many years identifying opportunities to improve the efficiency of its portfolio. The team has tested ideas, developed capabilities and prioritised improvements in environmental outcomes to deliver much more than the bare minimum,” says Madew.

“Now, Australand is taking this sustainability commitment to the next level by achieving Green Star ratings for every new project. Each Green Star rating will give building occupiers confidence that they are choosing productive and efficient workspace. And it will give Australand team members verification that they are achieving quality future-focused outcomes,” Madew adds.

This commitment complements Australand’s recent sustainability achievements, which includes securing the first ever Green Star – Performance portfolio rating for 54 commercial and industrial properties in June. The company also achieved Australia’s first six-star Green Star Retail Centre Design v1 certified rating for the Ponds Shopping Centre in May.

Australand now has Green Star certification for more than 1.3 million square metres of industrial, commercial and retail floor space across a total of 64 Green Star-rated buildings.

According to Australand general manager, Sustainability Paolo Bevilacqua, “Our commitment to Green Star will provide our customers with better spaces and reduced operating costs. It also reinforces our determination to be a market leader in sustainability.”

Australand will employ a range of initiatives to achieve Green Star ratings, including solar PV systems, LED lighting, geothermal heating and cooling, and improved glazing, insulation and air-conditioning systems.

“We applaud Australand for making a firm and fearless public commitment to sustainability – and to being independently tested along the way. This is what industry leadership looks like. Let the rest of the industry take note,” concludes Madew.

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