Investment performance update
Positive results despite challenging economic conditions
Cbus Property1 has built a reputation for the construction of highly rated, sustainable projects and also manages a portfolio of award-winning and highly sustainable properties on behalf of Cbus members. The significant returns generated by Cbus Property for Cbus members shows why a focus on sustainability delivers over the longer-term.
Buildings that achieve high ratings, along with achieving better returns, also attract high quality tenants who are aware of their energy usage and carbon footprint. This has a significant impact on a building’s long -term sustainability and efficiency within an investment portfolio. Highly rated developments are also viewed as being more attractive to lenders through a sustainability lens as recently shown by Cbus Property being offered a concessional-rate $100m loan facility by the Clean Energy Finance Corporation (CEFC). The loan is conditional on achieving a range of best-practice sustainability outcomes.
Collins Arch is using technology such as energy efficient facades and high efficiency air conditioning; and capacity for residential electric vehicle charging. These are expected to deliver a minimum 20 percent reduction in the building’s carbon footprint. With its clean energy technologies, the Collins Arch development is an example of how Cbus Property is contributing to new environmentally sustainable standards in cities through a low carbon approach to building design.
Cbus Property’s position as a market leader in sustainable building development was an attractive drawcard to the CEFC, who look for investments that have a strong focus on reducing greenhouse gas emissions. Premium sustainable building developments, like Collins Arch are great long-term investments that will help maximise returns for Cbus members.
1 Cbus Property Pty Ltd is a wholly-owned subsidiary of Cbus and has responsibilities for the development and management of Cbus’ direct property investments.