CEFC is aiming to kick start new standards in clean energy for healthcare by investing up to AU$100 million in the new Dexus Healthcare Wholesale Property Fund (HWPF). HWPF will own Australia’s first portfolio of hospital and healthcare assets to have an environmentally sustainable development focus. Australian Ethical Investments is also participating in the fund.
HWPF is targeting emissions reductions of 45 per cent in both new and existing buildings when compared with the Council of Australian Government (COAG) Baseline Energy Consumption in commercial buildings. New HWPF buildings will target a Green Star Design, an As Built rating of 5 Stars and Green Star Performance Rating. Over the long term, HWPF is targeting a portfolio of net zero carbon outcomes, including low-emission transport options, such as electric vehicles, ride sharing and integration with local transport infrastructure. Tenants and hospital users will also be encouraged to adopt energy efficient practices.