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  The best returns are green  
   

Our property portfolio wins a Green Globe award

In 2009 Local Government Super was awarded a Green Globe award for Commercial Property Sustainability recognising our efforts to actively reduce our environmental footprint.

Under our sustainable portfolio program each commercial building in our property portfolio is currently accredited with the top five-star NABERS rating for environmental sustainability. NABERS is the National Australian Built Environment Ratings System and it measures a commercial building's environmental performance based on the building's energy and water use, waste reduction and greenhouse emissions.

Each building in our portfolio now sources 100% of its base building energy from fully-accredited renewable green power, reducing emissions by approximately 10,000 tonnes of carbon dioxide per annum.

Local Government Super encourages all existing tenants to use renewable energy for their own electricity needs and all new leases require tenants to source their power from green energy suppliers.

Xpand house   Local Government houe   2 Lyon st

What does this mean for your super investment?

Many tenants including banks, professional organisations, IT companies, and government departments and agencies, are now demanding more sustainable commercial and industrial premises and this is driving up the demand for greener buildings. The greater demand for greener buildings should reduce vacancy rates over the longer term and improve rental return for these premises. Property analysts predict that there will be a growing distinction between buildings with high NABERS ratings and other less energy efficient buildings, and this distinction should lead to a widening gap in vacancy rates and investment returns.

Local Government Super will continue to improve the NABERS ratings of our buildings so we can maximise the returns on your super investment and reduce the impact on our environment.

 

   
CEO Local Government Super, Peter Lambert receives the Green Globe Award
   

Environmental Report

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