Australian Financial Review
Thursday 12/7/2007 Page: 3
Corporates are starting to understand that making a building environmentally friendly not only gives them a tick in current trend to get green-cred, but will also pay-off in the long run thanks to lower running costs generated by energy efficiency. The Green Building Council of Australia (GCBA) has so far only handed out two perfect 6-star ratings, although Australian and New Zealand Banking Group plan to reach that status with their new Collins Street building in Melbourne.
With new buildings, sustainability can be built in from inception, however, converting older buildings to become green friendly is a little more challenging according to John Goddard of building consultancy CB Richard Ellis. Two examples of refitting older buildings are 39 Hunter Street, Sydney, formerly home to Perpetual, and the Castlereagh Street home of property group Stockland.
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