Australian property group Stockland is undertaking a portfolio-wide energy efficiency retrofit program, as well as the development of a market-leading Green Star design standard for new-build retirement living.
The CEFC has committed up to $75 million through a senior debt facility to finance energy efficiency sustainability initiatives at Stockland’s logistics centres, retirement living operations and corporate head offices.
The work includes the design and construction of Newport Retirement Living – a Queensland retirement village that targets a minimum 25 per cent improvement in emissions reduction levels compared with current building code requirements.
