The Clean Energy Finance Corporation (CEFC) has announced two investments totalling $230 million, one towards net-zero carbon emission office buildings, the other to build energy-efficient social and affordable housing.
The CEFC will invest $100 million in the AMP Capital Wholesale Office Fund (AWOF), which “is aiming to deliver a property portfolio of next zero carbon emission buildings by 2030,” the CEFC said. The fund has assets under management worth $4.7 billion, and the centrepiece is the redevelopment of the existing 50 Bridge Street property in Sydney, as well as Quay Quarter Tower and the wider Quay Quarter Sydney precinct incorporating the neighbouring Loftus and Young Streets mixed use development. AWOF’s portfolio includes 200 George Street, Sydney and Melbourne’s Collins Place and 700 Bourke Street. The 700 Bourke Street property is only the fourth in Australia to achieve the 6 Green Star performance rating from the Green Building Council of Australia, CEFC noted.
The content you are trying to access is only available to subscribers. There are several options available to you if you want to view this content, from full subscriptions to temporary passes just for this article. Click here for more information.
Latest posts by Rachel Alembakis (see all)
- Video: Responsible Investment Coming of Age – The Highlights - February 23, 2018
- The Fred Hollows Foundation invests in eye care centre social enterprise - February 23, 2018
- Russell Investments to implement new material ESG score methodology - February 23, 2018