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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



May 12, 2022, Malaysia:
The complex is home to more than 200 tenants selling authentic local goods.
Apr 29, 2022, Europe, Europe:
The store sells streetwear created in collaboration with designers such as Soho Grit, Alma de Ace, BAPE, Herschel, and Staple.
Apr 28, 2022, USA:
Nike and RTFKT have announced a new collection of Nike Dunk Genesis Cryptokicks sneakers.
Apr 27, 2022, USA:
Meta Store has the intention of demonstrating the possibilities of virtual reality devices, as well as dispelling the mystery around the concept of the math universe.
Apr 22, 2022, Brazil:
BR Malls Participacoes and Aliance Sonae Shopping Centers may merge to form Brazil's largest mall operator.
Apr 22, 2022, United Kingdom:
The online retailer began selling cosmetics from luxury and indie brands.
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Mall of Tripla GLA:914 932 SF
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