Target NABERS Energy
The B-Grade office building is located in Brisbane’s CBD within the legal precinct with views directly over the Brisbane river and within a three-minute walk to the Brisbane law courts. The asset benefits from being within close proximity to major new infrastructure projects.
EG Delta’s investment thesis is that improving ESG underperforming assets in the built environment may produce a higher environmental and social impact. This can be demonstrated with a thorough “outcomes-based” measuring methodology.
EG is delivering a repositioned office building with upgraded amenity servicing the requirements of existing tenants including new shared meeting facilities.
EG is targeting a 48% reduction in energy usage (on a whole building basis) and a 2 star NABERS improvement to 4.5 stars through operational and capex investment.
"We believe the asset is well positioned to take advantage of the improving Brisbane office market and the substantial level of infrastructure investment in the Brisbane CBD."