Victor Hoog Antink, CEO, Dexus Property Group
Innovation in the property industry centres on understanding and
anticipating tenant needs to deliver commercially viable property
solutions that provide the workspace quality and amenity that
customers demand.
The leading area of innovation in commercial property is
sustainability design and performance. This is particularly
sought-after in premium quality office space - where Dexus
specialises. For example, at our 123 Albert Street development in
Brisbane, our design specification to achieve a 6 star Green Star
rating was crucial in securing anchor tenant Rio Tinto, who shares
our vision for the next generation of office design. Factors
driving innovation include greater public awareness of
sustainability, heightened corporate responsibility and greater
political commitment through both legislated and voluntary
performance measures.
When you consider that commercial buildings and their occupants
emit almost a quarter of Australia's greenhouse gases, the property
industry can make a real difference. Innovation is the key here and
requires both corporate commitment and supportive legislation to
encourage further progress, particularly in regards to the
challenge of 'future-proofing' existing property stock.
Today, commercial properties with few sustainability features
risk becoming obsolete very quickly. Investment in sustainability
is a long-term commitment but one we believe is a key
differentiator, particularly for premium buildings.