CEFC committed debt finance of AU$32 million to lift the benchmark for student accommodation, in line with the CEFC’s efforts to encourage net zero carbon buildings in the property sector. A 428-bed student accommodation project will help set a new benchmark in energy efficient design. Initiatives incorporated into the project include energy efficient heating, ventilation and air conditioning, energy efficient equipment, LED lighting, centralised gas water heating, water efficient taps and a 25kW rooftop solar photovoltaic system.