WiredScore, the global rating scheme for digital connectivity in real estate, has awarded AXA Investment Managers – Real Assets (AXA IM – Real Assets), the French multinational and WiredScore global client, a WiredScore Platinum rating at 101 Collins Street in Melbourne.
One of Australia’s most prestigious office buildings, 101 Collins Street is the first building to achieve a WiredScore Platinum rating in Melbourne. It places the building at the forefront of digital connectivity, on a par with buildings such as the Shard in London and the Empire State Building in New York.
WiredScore Platinum rating is the highest rating possible in WiredScore’s rating scheme, based on a carefully designed scorecard that considers infrastructure, electrical resiliency, wireless capability, and ease and reliability of connectivity.
101 Collins Street excelled in all four of WiredScore’s key focus areas: infrastructure, connectivity, readiness and innovation. In particular, the building infrastructure offers a varied choice of internet service providers for tenants, meaning there is a better chance of getting the service they want at the right price.
Notably, 101 Collins Street is designed to easily adapt to technological advancements, such as 5G mobile solutions, ranking among the best buildings in the world for its high degree of future-proofing.
Research carried out by YouGov Galaxy found that 98 percent of Australian office workers feel that good digital connectivity enables them to be more productive; however, as many as 83 percent have experienced failed or unreliable digital connectivity at work. Digital connectivity is therefore becoming a differentiator for tenants who are looking to attract and retain a productive workforce, which has proved especially true for businesses across technology, advertising, media and information sectors.
Australia is now the third market where AXA IM – Real Assets-managed buildings have achieved WiredScore certification, with five buildings certified in the UK and five in France.
William Newton, president and MD at WiredScore, says,“We are thrilled to be expanding our relationship with AXA IM – Real Assets to the Asia-Pacific region, benefiting its tenants with the ability to effectively benchmark the digital connectivity offering that AXA IM – Real Assets managed buildings can provide against other buildings in Australia and abroad.
“AXA IM – Real Assets recognises that better connectivity at work enables businesses to create a happier and more productive environment for employees. AXA IM – Real Assets is known for its approach to providing superior tenant experiences through innovative solutions and has demonstrated across the globe its commitment to meeting and exceeding the digital connectivity expectations of its tenants now and into the future.
“We continue to be impressed by the high standard of connectivity infrastructure in buildings such as 101 Collins Street, which is a key driver in their high-quality tenant profiles. We look forward to expanding our footprint in the Australian market and further contributing to better outcomes for commercial landlords and business tenants alike.”
Brett Dillon, head of Funds Management at AXA Investment Managers – Real Assets, adds, “As a global leader in real estate asset management, we strive to deliver the best experience to all of our valued tenant customers. Common feedback from our tenants is that reliable digital connectivity is fundamental to their ability to conduct business.
“WiredScore’s certification has enabled AXA IM – Real Assets in France, the UK and now in Australia to demonstrate how we are investing, on behalf of our clients, in best-in-class digital connectivity and ongoing innovation to support to our tenants’ evolving digital requirements.
“This Platinum WiredScore confirms that 101 Collins Street continues to match or exceed newer office development, not only in terms of its premium offering, but also in digital technology and innovation.”
Image: Dingoman1 Wikimedia