Mirvac Demonstrates Sustainability Excellence with 5.0 Star NABERS Energy Portfolio Average

Mirvac (“MGR”) is pleased to announce it has achieved a 5.0 Star NABERS Energy rating across its office portfolio, demonstrating its continued focus on excellence in sustainability. This follows the announcement that Mirvac had become the first organisation to achieve a 6.0 Star NABERS Energy rating for a major office building without the use of GreenPower1 at 23 Furzer Street in Phillip, ACT.

Mirvac has also achieved 5.5 Star NABERS Energy ratings at three of its assets in its office portfolio, including One Darling Island, 65 Pirrama Road and 3/5 Rider Boulevard in Sydney.

Mirvac’s Group Executive, Office & Industrial Operations, Ben Hindmarsh, said, “This is a significant milestone for the Group and highlights both the quality of our office portfolio and our commitment to sustainability leadership. We have achieved this rating without the use of GreenPower, and this result is a testament to our focus on operational efficiency and the continued education of our people and tenants alike.

“Mirvac had a 2.5 Star NABERS Energy portfolio average rating in FY08, so this is an enormous transformation and reflects the hard work our team has put in to embedding sustainability into our business. The value of our efforts over the past few years is highly tangible, and both our organisation and our tenants will directly benefit from this, today and in the future.

“We all know saving energy means saving money, which makes this outcome good business sense,” commented Mr Hindmarsh.

Earlier this year, Mirvac released an ambitious new sustainability strategy, ‘This Changes Everything’, to the market, which is aimed at pushing the boundaries in sustainability and setting new benchmarks for the Australian property industry. This achievement is a major step towards the Group’s mission of net positive energy by 2030.