Real estate fund targets mid-tier buildings for energy upgrades

The top end of town tends to hog the limelight when it comes to sustainability, but a financially rewarding opportunity lies in wait to turn C and D grade stock into high energy performers.  With the Clean Energy Finance Corporation as a cornerstone investor, an EG real estate fund is upgrading four mid-tier underperforming buildings […]

Australian real estate companies still top of Global Dow Jones Sustainability Index

Several Australian real estate companies have topped the 2020 Global Dow Jones Sustainability Index (DJSI) real estate rankings, which measures and tracks global corporate ESG practices. Dexus managed the highest score for the second year running in the 2020 assessment of any real estate company, scoring 89/100. Stockland came in second at 86/100. The industry […]

Mandating high sustainability in Victoria turns out to be a strong selling point for housing estates

A look at three housing estates that are mandating sustainability covenants. And surprise surprise, the buyers are lapping them up. We look at Mullum Creek Estate in Donvale, Melbourne, The Cape in Gippsland east of Melbourne and Salt Torquay, on Victoria’s western coast where after the first builder showed a higher energy efficiency rating could be done easily and cheaply, is now 80 per cent sold.

Now for airconditioning-as-a-service

A Singaporean business offering airconditioning as-a-service has its sights set on Australia, which could bring cheaper, ultra-efficient cooling to Australian buildings. Kaer’s revolutionary airconditioning model borrows from other industries that have “servitised” their offerings, such as Uber (mobility) and Spotify (music), which provide access to products rather than ownership. Rather than a building owner procuring […]

Blue IoT in growth mode, with an award to boot

Smart building management company Blue IoT is growing fast. According to Blue IoT’s founder and chief innovation officer Bob Sharon the company has grown from four to 10 employees (plus four advisors) since August last year with plans to hire “a bunch more people” and run an internship program. The company also snapped up a 2020 […]

Why Exxon has been tossed over by a green company and the new Lendlease green bond is oversubscribed

FINANCE: Green bonds and other sustainable finance vehicles are still booming amid the pandemic. In fact they’re seen as lower risk than traditional investments. It’s no surprise then that Australian property companies are getting on board.  Global green bond issuance passed the $1 trillion-mark last week and Australian property giant Lendlease is not missing out on […]