Lendlease International Towers
Lendlease International Towers Sydney Trust (LLITST) is a A$4.6 billion trust, established in 2012. It holds a 100% interest in the first two commercial towers constructed by Lendlease at Barangaroo South, being International Towers Sydney – Tower Two and International Towers Sydney – Tower Three. The Fund also holds a 100% interest in Australia's first engineered timber office, International House Sydney at Barangaroo South and the Towns Place Car Park.
Barangaroo South is an urban regeneration project located on the last major waterfront site in the Sydney central business district (CBD). When complete, it will include three major office buildings, 800 residential apartments and a world class hotel situated next to waterfront parklands.
The towers are developed and constructed by Lendlease to a Premium grade standard, offering tenants leading environmental credentials.
Each tower is designed to take advantage of the outstanding harbour-front location, to achieve 6 Star Green Star Design ratings and target 5.5 Star NABERS Energy and 5 Star NABERS Water ratings.
- Tower Two is a 88,200 square metre premium grade office tower, with 41 levels.
- Tower Three is a Premium grade, 38-level office tower of 83,100 square metres.
Wynyard Walk pedestrian connection opened in September 2016, providing a direct pedestrian link between Wynyard and Barangaroo.
Responsible Property InvestmentLLITST has a vision to be recognised as the global leader in responsible property investment. It acknowledges the sustainability aspirations of the broader Lendlease Group and is aligned with Lendlease’s key sustainability objectives.
The Fund has had a Responsible Property Investment strategy in place since 2016.
Global Real Estate Sustainability Benchmark (GRESB)LLITST has participated in the Global Real Estate Sustainability Benchmark (GRESB) assessment since 2014.
The Fund was ranked third globally out of 964 participants in the 2019 annual GRESB real estate assessment. The Fund also came third globally in the Office sector across listed and unlisted funds.
Green Building Certification
Green building certifications for each asset as at 31 December 2019 are disclosed below:
|NABERS ENERGy||NABERS WATER
DESIGN / AS BUILT RATING
|GREEN STAR PERFORMANCE RATING||CURRENT
|2021 TARGET||CURRENT STATUS1||2021 TARGET|
|International Towers Sydney - Tower Two||Platinum||6 Star||6 Star||5||5.5||4||5||86%||80%|
|International Towers Sydney - Tower Three||Platinum||6 Star||6 Star||5||5.5||4.5||5||92%||80%|
|International House Sydney||N/A||6 Star||6 Star||5.5||5.5||3.5||5||84%||80%|
|Towns Place Car Park, Sydney||N/A||N/A||N/A||N/A||N/A||N/A||N/A||N/A||N/A|
|PORTFOLIO AVERAGE||6 Star
|| 6 Star
|1 Waste recycling performance as at 30 September 2019.|