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Showing 1 - 10 of 19 results for "commercial real estate"

Finance eyes $500b green buildings opportunity

ROSE MARY PETRASS  |  THURSDAY, 16 NOV 2023  |  NEWS
... the construction and retrofitting of efficient, low-carbon, resilient and comfortable buildings. With the commercial real estate sector expected to double its existing 859 million square metres of floor space by 2050 and the residential sector projected ...

Bank Australia sets interim 2030 net zero target

RACHEL ALEMBAKIS  |  FRIDAY, 24 MAR 2023  |  NEWS
... cent per square metre by 2030 from a 2021 baseline. The bank's target also covers its corporate bonds, commercial real estate and corporate loans. "As a financial institution, we need to include financed emissions," said Bank Australia chief impact officer ...

Qualitas names Fiona Reynolds to ESG advisory board

RACHEL ALEMBAKIS  |  TUESDAY, 14 FEB 2023  |  NEWS
... maximise ESG impact in a meaningful way at both the corporate level and via our funds." Reynolds noted that commercial real estate is a "key lever for achieving better environmental, social and governance outcomes for societies around the world," and ...

Brisbane Airport to use AI to cut emissions in buildings

RACHEL ALEMBAKIS  |  THURSDAY, 25 AUG 2022  |  NEWS
... seeing the results." Since its launch in May 2019, BrainBox AI now manages over 100 million square feet of commercial real estate across 21 countries. This is the first aviation real estate for BrainBox.

ARENA commits more than $100 million to clean hydrogen projects

RACHEL ALEMBAKIS  |  WEDNESDAY, 5 MAY 2021  |  NEWS
... of $22 billion, with investments in structures and logistics, energy infrastructure, transportation and commercial real estate. AGIG formed in May 2017 and consists of AGN, Multinet Gas Networks (MGN) and Dampier to Bunbury Pipeline (DBP). AGIG owns ...

AMP Capital Wholesale Office Fund hits net zero target

RACHEL ALEMBAKIS  |  TUESDAY, 4 MAY 2021  |  NEWS
... transition away from fossil fuel dependence in Australia. "We are proud to be able to show that a major commercial real estate portfolio can achieve zero net carbon in a cost neutral way at a price that is less than what we've paid for traditional electricity ...

Real estate managers carry out decarbonisation strategies

RACHEL ALEMBAKIS  |  THURSDAY, 18 MAR 2021  |  NEWS
... commitment to no longer purchasing offsets. The company is working in collaboration with its supply chain and commercial real estate peers to move the industry towards absolute zero carbon Lendlease said. Lendlease's global funds under management ...

Rising importance of sustainability in the commercial real estate industry

RACHEL ALEMBAKIS  |  FRIDAY, 20 APR 2018  |  NEWS
... corresponding water consumption by 0.5%, energy consumption by 1.1%, and carbon emissions by 2.2%. Australian commercial real estate organisations are at the forefront of GRESB, with a 2017 average score of 73, 10 points higher than the global average. ...

Australia/NZ property companies, funds outperform: GRESB

RACHEL ALEMBAKIS  |  FRIDAY, 4 SEP 2015  |  NEWS
... waste, and human health. The recent reductions in energy, carbon and water consumption achieved by the commercial real estate sector are impressive, yet in absolute terms, the sector's environmental impact is significant and more work remains to be d ...

GRESB appoints two non-executive directors

RACHEL ALEMBAKIS  |  FRIDAY, 9 JAN 2015  |  NEWS
... real estate will benefit GRESB's development, and further advance the sustainability performance of the commercial real estate sector." Holstad is chief administrative officer real estate of Norges Bank Investment Management, which manages the USD$860 ...
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