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Case study

Mirvac build-to-rent club brings clean energy benefits to rental market

Sustainability benefits for owners and tenants 

The first institutional build-to-rent investment platform in Australia – the Mirvac Australian Build-to-Rent Club – is bringing the benefits of clean energy and energy efficiency to families and tenants in the home rental market. 

315

apartments

40%

reduction in energy and emissions

$63m

CEFC investment

Mirvac is proud to work with the CEFC as we deliver against our bold target to be net positive in energy and water by 2030 and provide technology in our homes which helps people towards zero bills living.
Sarah Clarke
Group General Manager, Sustainability, Mirvac

Our investment

The CEFC has invested $63 million in the Mirvac Australian Build-to-Rent Club (ABTRC) which is targeting a portfolio of five to six projects, mainly in Sydney and Melbourne. The first residential community in New South Wales designed and built exclusively for renters  the ABTRC LIV Indigo project at Sydney Olympic Park officially opened in August 2020.

our impact 

LIV Indigo, the first of the ABTRC communities, has been designed to reduce greenhouse gas emissions by more than 40 per cent compared to the compliance standards of the National Construction Code. Its energy and water-saving measures include upgraded glazing to improve thermal performance, LED lighting throughout, energy efficient appliances, rooftop solar and water efficient taps, toilets, showers and washing machines. Residents also have access to electric vehicle charging stations and connection to Sydney Olympic Park’s recycled water network.  

Australia’s emerging build-to-rent market provides the opportunity for developers and owners to develop properties with a whole of lifecycle approach. This is an opportunity for clean energy and energy efficiency initiatives to be incorporated from the planning stage, driving energy savings for owners and tenants over the asset’s life. 

Read our insight

Clean energy and build-to-rent housing

How can Australia’s emerging build-to-rent sector use sustainable design practices to reduce operating costs, differentiate its market offering to residents and deliver lower emissions?

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Last updated 31 July 2020. New South Wales, Housing, Property, Sustainable Cities, Renewable energy, Energy efficiency