Costs of $320,000 investment; "The motivation for the discount is not some altruistic wish to save the planet but a bottom-line cost saving that is reflected in building outgoings and occupancy benefits," the report said. A-grade building of 30,000 square metres, the report looked at what happened with a $320,000 investment in seven basic sustainability practices.
$90,000 a year savings:
• savings worked out at $90,000 a year;
• outgoings were cut by 2.2 per cent and
• valuation increased by $3 million. "The building value jumps from $177 million to $180 million," it said. Other case studies include GPT Office’s view of sustainability, Melbourne City Council’s new headquarters, CH2, and Westpac Banking Corporation’s new headquarters in Sydney.
The Australian Financial Review, 11/4/2006, p. 54