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Environmental Upgrade Agreement for Central Park

From a Frasers Property Australia press release dated 20 March, 2013 Developers Frasers Property and Sekisui House deliver green infrastructure via innovative new funding model An historic financial agreement was signed this week, providing funding for green energy infrastructure at Central Park, a $2 billion mixed-use development by Frasers Property and Sekisui House. The $26.5 million Environmental Upgrade Agreement (EUA) provides long-term low-cost finance for environmental infrastructure. Central Park’s EUA is only the second such agreement to be signed in NSW and is the City of Sydney’s first EUA. The EUA was signed by the City of Sydney, landowner Frasers Property, and Eur

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CEOs reaffirm support for BBP direction

City of Sydney Lord Mayor Clover Moore and Chief Executive Monica Barone met with the executives of the Better Buildings Partnership members over dinner the evening of 28 November. The dinner yielded valuable discussion on the progress being made by the Partnership and of the significant value it was delivering to its members, including the City. View the BBP Interim Progress Report for 2012-2013  Chris Derksema, Director of Sustainability for the City of Sydney, presented an Interim Progress Report for the Partnership's 2012-2013 year, noting the significant work being done in the space of best practice leasing and tenant engagement minimising waste from fitout developing

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Industry outlines how to minimise waste from fitouts

The Better Buildings Partnership hosted a symposium on Minimising Waste from Fitout on 21 November, to address the system issues and potential solutions for minimising waste associated with constructing commercial fitouts. According to a recent report commissioned by the Australian Department of Sustainability, Environment, Water, Population and Community, building materials account for half of the solid waste and materials used in the world. In the City of Sydney, the commercial and industrial building sectors generate approximately 260,000 tonnes of waste as a result of construction, demolition and operational activity. David Palin, chair of the waste technical working group, called on the representatives of t

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Celebrating World Green Building Week: green buildings for green communities

From 17 to 21 September we’ll be celebrating World Green Building Week, showcasing the role that sustainable buildings play in creating greener, more productive and healthier communities for the future. As part of this annual initiative, the Better Buildings Partnership and Green Building Council of Australia are hosting a daily series of Sustainable Sydney Walking Tours. These public guided tours are a street-level exploration of six iconic sustainable buildings and the green spaces that abound in-between. The tours will take-in one of the city’s oldest convict-hewn sandstone walls, striking façades and internal atriums and the southern hemisphere’s tallest vertical garden. Together these six si

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1 Bligh recognised amongst world's best

1 Bligh Street, Sydney has been recognised as the most outstanding new tall building in Asia and the Australasia region by the Council on Tall Buildings and Urban Habitat (CTBUH). 1 Bligh Street was recognised with the prestigious CTBUH 2012 Best Tall Building Award for the Asia & Australasia region – the first building in Australia to win the award. The award places 1 Bligh among the standout buildings of Asia with previous winners in the region including the Guangzhou International Finance Center (Guangzhou, China) in 2011, Pinnacle @ Duxton (Singapore) in 2010 and Linked Hybrid Building (Beijing, China) in 2009. 1 Bligh i

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Retrofit of Sydney buildings to save City $1m a year

from City of Sydney Press Release, dated 14 May 2012 A major overhaul has started on the City of Sydney's 45 properties, which will make them more energy and water efficient, saving more than $1 million a year on bills. Lord Mayor Clover Moore said the two year $6.9 million project would include Town Hall House, Customs House, pools, community centres, libraries and car parks across the city. Old and energy inefficient lights are being replaced at Customs House this week while heating and airconditioning systems at Sydney Town Hall, Ultimo Community Centre and Victoria Park Pool are being upgraded so they use less

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Sydney to build Australia's first low-carbon energy network

from City of Sydney Press Release, dated 3 April 2012 An historic agreement to be signed today between the City of Sydney and Cogent, wholly owned by Origin, will link central Sydney in the nation's first citywide low-carbon energy network. Lord Mayor Clover Moore said the groundbreaking new energy system has the potential to make Sydney one of the world's leading green cities. "Our trigeneration network will give consumers a cleaner and cost-competitive alternative to the rising price of electricity," the Lord Mayor said. "This network could save NSW electricity consumers as much as $1.5 billion by 2030 in avoided or delayed spending on

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8 Chifley Awarded 6 Star Green Star

from Mirvac Investor Relations Press Release, dated 28 March 2012 Jointly owned by Mirvac Group ("Mirvac") (ASX:MGR) and K-REIT Asia ("K-REIT"), Sydney‟s 8 Chifley Square development has been awarded a 6 Star Green Star – Office Design v2 certified rating from the Green Building Council of Australia ("GBCA"). "8 Chifley Square‟s 6 Star Green Star – Office Design v2 rating represents „World Leadership‟ in environmentally sustainable design. 8 Chifley Square is now one of Australia‟s newest green landmarks, and we congratulate the team at Mirvac Group and K-REIT Asia for their green leadership," says Chief Executive of the Green Building Council of Australia, Romilly Madew. With Mirvac‟s public

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Better Buildings Partnership Event Tackles Best Practice Leasing

The Better Buildings Partnership hosted its first major event with UNSW Faculty of Law and industry leaders Wednesday, 14 March, to address the current market impediments and solutions for Best Practice Leasing. Emlyn Keane, chair of the tenant/owner collaboration technical working group, charged the diverse group of tenants, leasing agents, owners, operators, representatives and lawyers to holistically identify the barriers and consider actions to overcome resistance to signing up to best practice leases. The morning workshop heard from Professor Sue Bright of Oxford University about international precedence in the space. Sydney University's Richard de Dear spoke about the complexities surrounding occupant

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DEXUS head office becomes carbon neutral leader

from a Low Carbon Australia press release, dated 29 February 2012 In a first for an Australian real estate investment trust, the head office of DEXUS Property Group has been certified carbon neutral. Low Carbon Australia CEO Meg McDonald congratulated the diversified property group for achieving the Australian Government backed accreditation. "Low Carbon Australia is pleased to welcome DEXUS Property Group as the newest member of our Carbon Neutral Network," she said. "By reducing and offsetting carbon emissions in its head office at 343 George Street, Sydney, DEXUS is setting a standard for others in the property investment trust sector to follow." Victor Hoog Antink, CEO

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