Heritage building in Canberra's Parliamentary Triangle
The asset will benefit from the uplift in energy savings and active asset management strategy.
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.
The unlisted EG Delta Fund seeks to be a pioneer in bringing about significant transformation to current investment-grade Australian office and industrial assets. The method aims to reposition assets in desirable locations from subpar to market-leading ESG outcomes at a reasonable cost.
The Fund uses the "Delta Framework," a unique impact measurement tool that is associated with the UN Sustainable Development Goals, to provide a thorough and quantifiable score for bettering social and environmental results over time.
Energy Efficiency
Renewable Energy
Tenant Renewable Energy
Real Zero
Waste Efficiency
Water Efficiency
Protecting Land
Protecting Water
Tenant Satisfaction
Supporting Physical Health
Supporting Mental Health
Indoor Environmental Quality
Supporting Communities
Reconciliation
Promoting Diversity
Promoting Inclusion
Asset selection is supported by the use of EG’s proprietary real estate risk management software, PRISMS®. This property technology software is designed to substantially improve investment risk identification, evaluation and pricing.
EG Delta was launched in 2022 after expanding the ESG objectives of the previous High Income Sustainable Office Trust.
Launch Date
April 2022
Fund Status
Open
Assets to date
4
Fund Size
$126 million