16/04/2009 - 09:28

Stockland secures Shell for Victoria Ave

16/04/2009 - 09:28

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Stockland has secured Shell Development Australia, a subsidiary of global energy company Royal Dutch Shell, as a major tenant at its new 2 Victoria Avenue office building in Perth.

Stockland secures Shell for Victoria Ave

Stockland has secured Shell Development Australia, a subsidiary of global energy company Royal Dutch Shell, as a major tenant at its new 2 Victoria Avenue office building in Perth.

Shell has agreed to lease approximately two-thirds, or 5,500 square metres, of the building for eight years.

2 Victoria Avenue is Western Australia's first building to be awarded the 6 Star Green Star Office Design v2 rating by the Green Building Council of Australia.

The A-grade four-level office building showcases a range of environmental solutions including three roof-top wind turbines and automated louvers on the western fa├žade which respond to the sun and allow the building to maintain views and natural lighting.

The design also includes the use of an active chilled beam system for the air-conditioning. This system, which is the first to be used on this scale in Perth, is expected to reduce the energy requirements of the building.

Other sustainability features include a grey water recycling system for toilet flushing and extensive energy and water sub-metering in order to monitor usage.

The property is due for practical completion later this month.

Stockland Commercial Property CEO John Schroder said the company was pleased to confirm its long-term partnership with Shell.

"This is another example of our commitment to attracting blue-chip tenants via our continued focus on active management and sustainable design.

"Our property leasing and management expertise has again enabled us to successfully lease vacant space ahead of practical completion in a challenging market."


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