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Business View Australia - September 2015 75
The Value of Green Star (2013)
report, found that on average, Green
Star-certified buildings:
• produce 62% fewer greenhouse
gas emissions than average
Australian buildings
• use 66% less electricity than
average Australian buildings
• consume 51% less potable water
than if they had been built to meet
minimum industry requirements
• Recycle 96% of their waste,
compared with 58% for the
average new
construction
project.
A range of
international
r e p o r t s
have
also
c o n f i r m e d
that
green
buildings
reduce
operational costs, improve return on
investment, boost productivity, health
and wellbeing and enhance corporate
reputation.
The Building Better Returns report
(2011) found that Green Star-rated
buildings deliver a 12 per cent ‘green
premium’ in value and a five per cent
premium in rent, when compared to
non-rated buildings.
The Property Council/IPD Australian
Green
Property
Index(June
2014),found that Green Star-rated
CBD office assets outperformed the
broader CBD office market by 100
basis points.
Modelling
from
Australia’s
A sustainable building is for
rough sleepers as much as
it is for investment bankers
PERTY DEVELOPMENT