Asset Class: Office | Location: Australia | Investment Year: 2020 | NLA: 7580 sqm

Located within a prominent location in the North Sydney CBD, 2 Elizabeth Plaza (2EP) is a Grade B 14-storey office tower with ground floor retail and basement carpark.

Green Design

Natural lighting is an important tool in attaining sustainability. 2EP provides tenants with natural light on all sides of the building, as well as views of the CBD and harbour from Level 4 and above. This helps to reduce electricity consumption and promote occupant health and wellness.

In its recent round of refurbishment, 2EP used floor tiles that are GreenRate Level A and LCARate Gold Plus, both of which are certified by Global Green Tag Australia. In addition, the tiles are 100% free of volatile organic compound (“VOC”) and toxic chemicals, have 69% less impacts on global biodiversity, uses 59% less raw material, water and energy to produce, contributes 57% less GHG emissions, and is considered to be 55% more socially responsible.

Innovative lights have also been installed in the mezzanine and lobby that artificially reproduces natural light through the integrated ceilings, supporting occupant wellbeing given the importance of natural daylight.

Sustainability Features

In FY2021, 2EP saw an improvement of its NABERS Water rating from 4 to 4.5 stars with the introduction of enhanced resource conservation measures. Some new initiatives that were introduced to improve building efficiency include the progressive roll-out of water efficiency tapware and toilet sets throughout the building.

2EP continues to maintain its 4- star NABERS Energy rating with strong energy efficiency measures. For instance, lighting is controlled in the common areas through the use of time clocks and motion sensors, which reduces lighting consumption and energy bills.

Energy efficient lighting is also installed throughout all the upgraded floors, where possible. In areas with low occupancy, air conditioning run times are reduced to conserve energy.