- 2018
Acquisition
- $15.6 million
Acquisition Price
- 4000sqm
NLA
Target NABERS
The B grade office asset is a c.4,600sqm, multi-let property located in Canberra’s most tightly held office market within the heart of the Parliamentary Triangle.
HISOT is an ethical investment philosophy that targets commercial returns in conjunction with improving energy efficiency. HISOT targets core plus returns by acquiring Australian office assets with opportunity to add value through active asset management.
EG is delivering a rebranded office building for small to medium sized businesses and is executing a targeted leasing strategy to bring the asset to full occupancy.
EG is targeting improving NABERS energy ratings from 3, at acquisition, to at least 4.5 stars through operational and capex investment.
