Investa targets net zero emissions
Boosting efficiency of office buildings
The CEFC invested $110 million in equity as part of a $600 million capital raising for the $4.1 billion Investa Commercial Property Fund.
The CEFC agreement provides Investa with an unprecedented opportunity to further advance our market leading position by once again being first mover in the identification of emerging technology that can be incorporated into the way we and the industry as a whole manage office buildings.GM Responsible Investment, InvestaNina James
The CEFC invested $110 million in equity as part of a $600 million capital raising for the $4.1 billion Investa Commercial Property Fund (ICPF).
The investment helped Investa develop the 33-storey premium grade office building Sixty Martin Place as a sustainably designed and built landmark targeting a Green Star office rating of six stars, a NABERS Energy rating of five stars and WELL Certified Platinum rating. The investment also established a landmark cooperation agreement to promote the increased uptake of energy efficiency design principles and technologies in the built environment.
Investa was Australia’s first property company to commit to a Science Based Target of net zero emissions by 2040, supported by a work plan of carbon reduction programs. Since setting the target in 2016, Investa has progressively embedded the ambition into operational and investment decisions, strategic asset planning, staff education, investor reporting, and tenant engagement programs.