POWERED BY MOMENTUM MEDIA
Local Government Super awarded for sustainable development
Local Government Super (LGS) has again been rewarded for its work into sustainable development after Carnegie Morgan House won the Australian Property Council Award for the best sustainable development of an existing building.
LGS expects the $160 per square metre project to deliver lower running costs and more satisfied tenants, leading to greater returns for fund members.
LGS Super's upgrade reduced the building's total energy consumption by 54 per cent, making it the lowest energy-intensive CBD building in Australia, LGS said.
The property in Sussex Street Sydney was the first building in Sydney's CBD to receive a five-and-a-half star NABERS energy rating.
AUTHOR
Staff Writer
Money Management staff writers are writers who contribute to the website from time to time. If you would like to discuss the content contained within this article please contact us.
Recommended for you
The lower outlook for inflation has set the stage for another two rate cuts over the first half of 2026, according to Westpac.
With private asset valuations emerging as a key concern for both regulators and the broader market, Apollo Global Management has called on the corporate regulator to issue clear principles on valuation practices, including guidance on the disclosures it expects from market participants.
Institutional asset owners are largely rethinking their exposure to the US, with private markets increasingly being viewed as a strategic investment allocation, new research has shown.
Australia’s corporate regulator has been told it must quickly modernise its oversight of private markets, after being caught off guard by the complexity, size, and opacity of the asset class now dominating institutional portfolios.
TOP PERFORMING FUNDS
ACS FIXED INT - AUSTRALIA/GLOBAL BOND
Fund name
3y(%)pa
1
DomaCom DFS Mortgage
92.15 3 y p.a(%)
2
Global X 21Shares Bitcoin ETF
53.24 3 y p.a(%)
3
Global X GlobalX FANG+ ETF
43.15 3 y p.a(%)
4
DomaCom Shoreline North Coogee
36.26 3 y p.a(%)
5
GAM LSA Private Shares AU I
35.87 3 y p.a(%)
