The Coronation Drive Office Park Building 4 (CDOP4) in Brisbane, which is jointly owned by AMP’s Australian Core Property Portfolio and Sunsuper, has been awarded a five star green office rating by the Green Building Council of Australia.
The award, which is based on the environmentally sustainable construction of buildings, demonstrates AMP Capital’s commitment to sustainable projects, according to AMP’s Australian Core Property Portfolio Fund manager, Louise Joslin.
CDOP4 is a state-of-the-art ‘green’ building with an environmental design rating and energy efficient credentials, and is the first five star ‘as built’ rated building within the AMP Australian Core Property Portfolio, she said.
The energy and water savings associated with the design equate to 270 less cars on the road and 2.7 Olympic swimming pools of water saved per year.
Sunsuper chief investment officer David Hartley said the building was now fully occupied, and the fund is now aiming for a five star rating on the fit-out on the floors it occupied as well.
“Having a fully-tenanted building means our investment is not only reaping financial benefits, but members and our staff can feel good about being part of a project which is industry-leading in terms of its environmental rating and energy efficiency,” he said.
Australians are losing millions weekly in unpaid super, yet payday super laws have not made it onto Parliament’s agenda.
First Nations Australians have faced systemic barriers accessing super, with rigid ID checks, poor service, and delays compounding inequality.
“Slow and steady” appears to be the Reserve Bank’s approach to monetary policy as the board continues to hold on to its wait-and-see method.
AFCA’s latest data has shown a decline in complaints relating to superannuation, but there is further work to be done, it has warned super funds.