Cromwell’s green trifecta for 6-star NABERS Energy ratings
Cromwell is proud to announce significant achievements in sustainability with three more assets across our portfolios recently achieving a 6.0-star NABERS Energy rating: 540 Wickham Street in Fortitude Valley, 420 Flinders Street in Townsville, and 19 George Street in Dandenong.
NABERS (National Australian Built Environment Rating System) offers reliable and comparable sustainability measurements across various building sectors. In Australia, a NABERS Energy rating is mandatory for office buildings over 1,000 square metres being sold or leased, with 6.0-stars being the highest achievable rating. Achieving a high NABERS rating is not just a regulatory requirement but a mark of excellence in environmental performance. Top-rated NABERS buildings are highly sought after by blue-chip and government tenants, underscoring their value and desirability. These ratings signify a commitment to sustainability, leading to significant cost savings, enhanced marketability, and a positive environmental impact.
Our property team continually explores ways to optimise energy efficiencies and future-proof our assets to allow us to continue to deliver financial returns for investors while reducing environmental impacts. This proactive approach ensures that our buildings meet the highest standards of sustainability, as evidenced by our recent 6.0-star NABERS Energy ratings.