New Zealand Commercial Design Trends Series NZ Commercial Design Trends Vol. 30/12 | Page 85

Left:The NZI Centre in Auckland, designed by Jasmax, has a market-leading 5 Star NABERSNZ rating. Below:Sustainability was also a key design driver for the Kapiti Coast District Council building, designed by Designgroup Stapleton Elliott and project managed by The Building Intelligence Group. The building has an “excellent” 4.5 Star rating from NABERSNZ. that higher-rated buildings have lower operating costs and higher net operating income. They are also more popular with tenants, showing lower vacancy rates and longer average leases. Tenants are more likely to consider the total cost of occupancy. Here in New Zealand, NABERSNZ is still in its infancy, and there’s been debate about whether a voluntary scheme has the necessary ‘grunt’ to make an impact in our property sector. The premium end of the market has been quickest to adopt it, which is not surprising. In Australia it’s mandatory. Without regulation, is it reasonable to expect local owners and tenants to care about how many kWh of energy their building uses per square metre? I think the answer is yes. NABERSNZ gives tenants new transparency and new power. When tenants negotiate an office lease, knowing the rating helps give certainty about ongoing operating costs. If the information exists, which tenant wouldn’t want a clear benchmark that shows long-term running costs – not to mention how well the building is commissioned and maintained for staff comfort? From the other side of the fence, NABERSNZ also contributes to the landlord’s asset value. It’s your classic ‘win-win’. Commercial property experts have been taking a close interest, and training staff to advise on NABERSNZ. We’re already starting to see lease agreements specifying minimum NABERSNZ ratings. Public sector uptake We expected government agencies and councils to be early adopters, due to the onus on the public sector to demonstrate value for money. This was borne out, with many of the early NABERSNZ ratings from the public sector. NABERSNZ has been stipulated in government leases in Christchurch. Widespread uptake of NABERSNZ will be driven by tenant demand, and when a NABERSNZ-rated building becomes de rigueur across government, I’m sure every landlord will be taking notice. For owners and tenants in Green Star-rated properties, this is the way to prove your building performs the way it’s supposed to. While a Green Star building has the potential to be very efficient, its actual performance will come down to the way it’s commissioned, run and maintained. Long term, if NABERSNZ works as intended we’ll have both better-informed tenants, and higherperforming buildings. save & share 46064 at trendsideas.com search | save | share at trendsideas.com 77