Green build­ing space

snapped up

Element - - UPFRONT -

The ben­e­fits of green com­mer­cial build­ings to busi­ness have been quan­ti­fied with the re­cent re­lease of the first Green Prop­erty In­vest­ment In­dex. The Prop­erty Coun­cil of New Zealand/IPD NZ Green Prop­erty In­vest­ment In­dex high­lighted the clear per­for­mance ben­e­fits across all mea­sures for prop­erty own­ers with Green Star-rated build­ings. “This type of ev­i­dence is back­ing up what we have seen anec­do­tally – that Green Star-rated as­sets are out­per­form­ing non-rated build­ings and chal­leng­ing the def­i­ni­tion of what a prime as­set is,” said New Zealand Green Build­ing Coun­cil CEO, Alex Cut­ler. The ap­petite for ef­fi­cient build­ings for of­fice space is in clear ev­i­dence with the ten­ancy of the award­win­ning Geyser Build­ing in Par­nell, Auck­land, with busi­nesses FFA Ltd, DNS For­est Prod­ucts, NZ Rac­ing Board, TW Par­nell, Foundry As­set Man­age­ment and Serco NZ hav­ing taken up res­i­dence.

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