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First Sydney shopping centre for green star rating



Chatswood Chase, owned by CFS Retail Property Trust Group in Sydney, is the first centre in the country to make application for a Green Star Performance rating.

This tool was launched by the Green Building Council of Australia in a bid to improve the energy, resource and water efficiency of buildings.

International research has indicated that centres with green building principles use materials that do not contain as many harmful chemicals. They have found the ventilation and natural light to increase sales. A study done during 2003 which showed that daylighting was able to boost sales by about 40%.

A study done in 2012 by the University of Notre Dame in the U.S indicated that 458 more deposit accounts were opened by green-rated branches of banks, with US$3m more in account deposit balances, compared to properties that were not certified.

The Chief Executive of GBCA, Romilly Madew, has stated that a Green Star rating means lower operating costs attracting buyers and tenants to the property. It also increases employee productivity and increases the value of the asset.


More about shopping malls in Australia



DAY BEFORE YESTERDAY, USA:
Grocery giant Kroger has expanded a partnership agreement with the robotic firm Nuro, which will work to expand the autonomous delivery service.
Apr 22, 2019, USA:
Many millennials prefer to rent things rather than purchase. In the field of outdoor gear, such consumers are already more than a third.
Apr 18, 2019, United Kingdom:
An in-store cashback app that will provide retailers to force footfall by rewarding customers for spending in stores.
Apr 15, 2019, France:
The brand relies on pop-up stores and new men's clothing lines.
Apr 15, 2019, United Kingdom:
Iconic athleisure brand, Champion, is to open its first UK outlet store at Wembley Park’s London Designer Outlet.
Apr 11, 2019, Spain:
Winners of the most prestigious European retail property award were announced in Barcelona.
ICSC ECE

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Charlotte Premium Outlets GLA:400 000 SF
ADDRESS: 5404 New Fashion Way Suite 100, Charlotte, NC 28278
USA . Charlotte
Charlotte Premium Outlets
Mall of Tripla GLA:914 932 SF
ADDRESS: Veturitie 13
Finland . Helsinki
Mall of Tripla
Dania Pointe GLA:975 000 SF
ADDRESS: 292-344 North Bryan Road, Dania Beach, FL 33004
USA . Fort Lauderdale
Dania Pointe
212 Istanbul Power Outlet GLA:753 474 SF
ADDRESS: Mahmutbey Merkez Mah. Taşocağı Cad. No:5 Bağcılar  /  İstanbul
Turkey . Istanbul
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