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38 Business View Australia - June 2015
in rent, when compared
to non- rated buildings.
The Proper ty Council/
IPD Australian Green
Proper ty Index(June
2014),found that
Green Star- rated CBD
of f ice assets outper-
formed the broader
CBD of f ice market by
100 basis points.
Modelling from Aus-
tralia’s Ci tySwi tchpro -
gram has found that
a typical f inancial or
professional services
f irm operating from a
5 Star Green Star- rat-
ed of f ice of 5,000
square metres could
save $18,200 a year
in electrici ty costs
alone, not to mention
massive savings in re-
duced absenteeism,
employee retention
and increased produc-
tivi ty in the region of
$4 million a year.
Green Star buildings
are recording produc-
tivi ty increases of up to
15 per cent, which is
CONSTRUCTION