The Cbus Property-owned 50 Flinders Street office tower in Adelaide has become the first property in South Australia to achieve a market-leading, 6 Star NABERS Energy Rating.
The CBRE-managed property has a net lettable area of 21,744.9sqm and is leased to high profile tenants including People’s Choice Credit Union, the South Australian Government, BUPA, Cbus Super and Fiefy’s Café. It also includes Adelaide’s only office building CBD childcare facility, leased to Guardian Early Learning Group.
Constructed in 2015, the tower was designed to achieve a 5 Star NABERS Energy Rating. Since Practical Completion in September 2015, Cbus Property and CBRE have implemented a program of continuous improvements to the property’s Building Management Controls Systems, leading to two consecutive 5.5 Star ratings prior to the current 6 Star achievement.
“Our aspiration is to create one of the greenest Green Star and NABERS-rated portfolios in Australia and the recent 6 Star NABERS Energy Rating awarded to our market-leading 50 Flinders Street tower in Adelaide is an impressive step towards this goal,” Cbus Property CEO Adrian Pozzo said.
“Many of Cbus Property’s projects are resetting the standard for commercial buildings, with lighter environmental footprints and a greater focus on tenant wellbeing which translates to higher occupancy rates and increased benefits such a staff retention and productivity.”
CBRE Property Management Senior Director Michael Hall noted that CBRE had project managed the installation of a 66kW Solar Photo-Voltaic system at the property during 2018, which had been operational since December and generated around 40,000kWh of electricity in the four months since installation.
“A NABERS Indoor Environment (IE) Rating has also been undertaken at 50 Flinders for the first time, representing the first published Indoor Environment Rating for a South Australian property,” Mr Hall said.
“A score of 6 Stars for NABERS IE was achieved, demonstrating Cbus Property’s and CBRE’s commitment to maintaining best-in-class air quality and thermal comfort conditions while pursuing sustainability and energy management targets.”
The Flinders street property has also been awarded a 4.5 Star Rating for NABERS Water - an improvement of 0.5 Stars on the previous year’s rating.
“These collective achievements are a testament to the Cbus Property and CBRE Property Management and Sustainability teams and their commitment to promoting proactive asset management and sustainability initiatives,” Mr Hall said.
The CBRE 50 Flinders Street management team includes Richard Massie, Julia Roberts and Dammika Weerakkoddy.
The CBRE-managed property has a net lettable area of 21,744.9sqm and is leased to high profile tenants including People’s Choice Credit Union, the South Australian Government, BUPA, Cbus Super and Fiefy’s Café. It also includes Adelaide’s only office building CBD childcare facility, leased to Guardian Early Learning Group.
Constructed in 2015, the tower was designed to achieve a 5 Star NABERS Energy Rating. Since Practical Completion in September 2015, Cbus Property and CBRE have implemented a program of continuous improvements to the property’s Building Management Controls Systems, leading to two consecutive 5.5 Star ratings prior to the current 6 Star achievement.
“Our aspiration is to create one of the greenest Green Star and NABERS-rated portfolios in Australia and the recent 6 Star NABERS Energy Rating awarded to our market-leading 50 Flinders Street tower in Adelaide is an impressive step towards this goal,” Cbus Property CEO Adrian Pozzo said.
“Many of Cbus Property’s projects are resetting the standard for commercial buildings, with lighter environmental footprints and a greater focus on tenant wellbeing which translates to higher occupancy rates and increased benefits such a staff retention and productivity.”
CBRE Property Management Senior Director Michael Hall noted that CBRE had project managed the installation of a 66kW Solar Photo-Voltaic system at the property during 2018, which had been operational since December and generated around 40,000kWh of electricity in the four months since installation.
“A NABERS Indoor Environment (IE) Rating has also been undertaken at 50 Flinders for the first time, representing the first published Indoor Environment Rating for a South Australian property,” Mr Hall said.
“A score of 6 Stars for NABERS IE was achieved, demonstrating Cbus Property’s and CBRE’s commitment to maintaining best-in-class air quality and thermal comfort conditions while pursuing sustainability and energy management targets.”
The Flinders street property has also been awarded a 4.5 Star Rating for NABERS Water - an improvement of 0.5 Stars on the previous year’s rating.
“These collective achievements are a testament to the Cbus Property and CBRE Property Management and Sustainability teams and their commitment to promoting proactive asset management and sustainability initiatives,” Mr Hall said.
The CBRE 50 Flinders Street management team includes Richard Massie, Julia Roberts and Dammika Weerakkoddy.
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About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2018 revenue). The company has more than 90,000 employees (excluding affiliates) and serves real estate investors and occupiers through more than 480 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
