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Business View Australia - March-April 2016 121
PERTY DEVELOPMENT
(2012) has found that 95
per cent of tenants want
to be in a green building.
‘Green space’ is now one
of the top four attributes
tenants look for – along
with bike racks, childcare
facilities and a gym.
The World Green Building
Council’s Business Case
for Green Building (2013)
finds that a minimal two
per cent upfront cost to
support green design can
result in average life cycle
savings of 20 per cent of
total construction costs –
more than 10 times the
initial investment.
Each year, the Dow Jones
Sustainability Index is led
by Australian companies,
such as Stockland, GPT
Group,
Investa
and
Lend Lease. Similarly,
the Global Real Estate
Sustainability Benchmark
(GRESB),
which
now
reports on 56,000 assets
worth US$2.1 trillion
dollars in value, identifies
Australia as the global
leader.
But sustainable buildings
aren’t just for office
workers or for people
who can afford sparkling