At GDI Property Group (GDI), we believe that creating more sustainable, environmentally friendly office buildings is fundamental to our business. It is good for our tenants, it is good for the environment, it is good for our bottom line. GDI has been a market leader in sustainability since 2008 and were one of the first to receive Government grants to improve the sustainability of our buildings.
GDI has embraced the “Green Space” by piloting and implementing an energy performance program designed to measure, assess and improve the utility (energy & water) performance of all of the properties in our management.
This program includes:
- Utility audits;
- NABERS ratings;
- Energy procurement improvements; and
- A formal utility monitoring program.
Every asset manager at GDI is effectively a head of sustainability, as improving the sustainability of our office buildings is a core principle.
Our track record is second to none. When we acquired Mill Green Complex, Perth, 197 St Georges Terrace had a NABERS Energy rating of 3 stars. After a refurbishment and releasing program, we achieved a 5.5 Star Energy rating. 197 St Georges Terrace, Perth also has a 4.5 star NABERS Water rating and a 5 star NABERS Indoor Energy rating as at November 2015. This property was also recently awarded the PCWA Commercial Property Award for Ecologically Sustainable Development (ESD) – Premium/A Grade Asset Category.
After an initial services upgrade at 25 Grenfell Street, Adelaide the building achieved and still holds a NABERS Energy rating of 4 stars. A recent upgrade of the lighting, heating and cooling air-conditioning and the mechanical services is targeting a 5 star NABERS Energy rating for the property.
When buying a building, the NABERS potential is an important factor. A recent acquisition, 66 Goulburn Street, Sydney, had excellent services and a NABERS Energy rating of 5.5 stars, a rating we strive to maintain by continually monitoring and improving the services of the building.
Sustainability is not just about healthy buildings and a NABERS rating. For example, our buildings are all located within close proximity to public transport. Location, as well as access to public transport and the provision of End of Trip Facilities are key criteria for all GDI’s properties and prove to be an attractive solution for our tenants.