Sustainability Victoria commissioned AECOM to develop and analyse Victorian commercial building stock.
The research builds on the previous ‘Next Wave’ report by including major commercial building types (previously Offices only). The report utilises data from a range of sources including CLUE and Valuer General data to create a snapshot of the Victorian commercial building stock. The research identifies the key characteristics of commercial buildings including geographic, size, building type distribution.
The work is a valuable source of data for Victorian Government and industry to work towards addressing climate change challenges in the commercial built environment.
Sustainability Victoria commissioned Savills to research how the mid-tier office market performs in relation to financial investment and environmental performance. The research was funded by the Commonwealth Government.
The Mid-tier Offices Investment Performance study is based on data collated by Savills, covering 25 years performance and 1,435 mid-tier buildings. The research identifies the key characteristics, the financial investment performance analysis and the environmental performance.
Key findings from the study include:
Sustainability Victoria commissionned Savills to complete a research project to better understand how the mid-tier market performs in relation to financial investment and environmental performance. The research was funded by the Commonwealth Government.
The Energy Efficient Office Buildings research program report demonstrated that energy savings of up to 29% can be achieved across the mid-tier office building sector, via building tuning and cost effective energy efficiency measures.
It showed that improving the energy efficiency of Victoria’s older commercial buildings could reduce greenhouse gas emissions by 540,000 tonnes a year, the equivalent of taking 135,000 cars off the road.
It found investing in energy efficiency delivered a return for building owners after three years and reduced ongoing maintenance costs.
Twenty buildings of various sizes in Melbourne’s CBD, suburbs, and regional Victoria and built between 1960 and 2000 took part in the three year program.
The Next Wave Report details the size, impact and retrofitting opportunities that exist among the non-premium, mid-tier end of the commercial office building sector in Victoria.
The report was commissioned by Sustainability Victoria and completed by Davis Langdon Australia.
Key findings include: