Green makeover for lifestyle villages and holiday parks
Cleaner, greener lifestyle villages and holiday parks
Property developer Ingenia Communities is upgrading its portfolio of new and existing lifestyle villages and holiday parks with market-leading sustainability measures to lower carbon emissions and reduce electricity costs.
30%
reduction in emissions
$75m
CEFC finance
74
lifestyle villages, holiday parks
As our portfolio and business matures we want to be at the forefront of developing more sustainable communities, providing our residents with affordable homes, lower energy costs and liveable communities that will enhance their quality of life.Simon OwenCEO, Ingenia Communities Group
Our investment
The CEFC has invested $75 million as a corporate loan to Ingenia Communities to encourage greater uptake of energy efficiency and renewable energy across the property sector.
our impact
Ingenia has committed to reducing its carbon emissions by 30 per cent in the next five years as it targets a carbon neutral operation by 2035. The Ingenia development pipeline of more than 3,000 homes provides an opportunity to innovate in terms of sustainable community and home design.
Ingenia will pilot the Green Building Council of Australia’s Green Star Homes Standard across 30 new homes, providing healthy, resilient and energy efficient living options for senior Australians. The new standard will assess Australian homes against a series of sustainability measures, including carbon footprint, energy and water efficiency, ventilation, comfort and climate change resilience.
Ingenia is also investigating a range of sustainability measures to existing properties, including:
- Rooftop solar on existing homes and clubhouses
- Energy efficient lighting
- Enhanced hot water and air-conditioning systems
- Clean energy supply agreements.
Cleaner and greener homes produce fewer emissions and cost less to heat and cool. This in turn helps Australia make significant advances in decarbonisation.
According to the Property Council of Australia, buildings account for more than half of Australia’s electricity consumption, and almost a quarter of national emissions.
