Loans for environmental upgrades have come a long way in the past 10 years. Owners can now enjoy one of three tailored products, including the Capital Fund, which becomes part of a developer’s capital stack, reduces cost and provides a greater return on equity.
Environmental upgrade agreements are on the cards as part of the North Sydney Council’s program for reducing greenhouse gas pollution and the cost of living in apartments.
Vacancy rates are hitting Western Australia hard so the City of Perth and Property Council are pushing for changes to the state’s Local Government Act to enable building upgrade finance (BUF), in a move designed to improve underperforming stock.
In great news for Environmental Upgrade Agreements, wholesale fund manager Trust Capital Advisers and its advisers have negotiated a $1.8 million energy upgrade of an office building in Bourke Street.
Victoria’s commercial buildings will get a boost to their sustainability potential following the announcement of a new collaboration between the state government and the Sustainable Melbourne Fund. The program involves help to take up Environmental Upgrade Agreements, the benefits of which include reduced energy costs and emissions. Energy, environment and climate change minister Lily D’Ambrosio […]
Energy performance contracts might sound like the new kid on the block. They’re not. They’ve got a very mixed track record. Better for big institutions such as RMIT and the NSW hospital? Certainly. Suitable for green bonds and environmental upgrade agreement? Probably. But they’re full of traps for the smaller contractor, and could leave little […]
ClimateWorks and the Sustainable Melbourne Fund have today (Thursday) launched a website to assist building owners access environmental upgrade finance, also known as environmental upgrade agreements, in a move to tackle the slow take-up of the innovative building upgrade financing mechanism.