All new and renewed leases have a sustainability schedule included within the lease with the exception of a few large retailers who currently have 10-20 year leases with options to renew on the same terms, which have not expired yet. We reviewed our green lease provisions in September 2016 to be in line with the Better Buildings Partnership 'silver' standard.
Our standard green lease provisions cover tenant and landlord expectations around:
- Cooperation and works - environmental initiatives, enabling upgrades, collaboration, fitouts and social initiatives.
- Management and consumption - energy, water, waste, IAQ management, transport, cleaning and procurement.
- Reporting and standards - information sharing, performance ratings, standards, metering and comfort.