• BWEP funding $119,000
• Water savings 31 million litres a year

Background

ING Office Fund (IOF) is a publicly traded property trust on the Australian Stock Exchange, included in the S&P/ASX100 index.

The Fund invests in key global office markets and has assets in excess of $3.4 billion.

IOF has a leading position in the Brisbane market, with properties at the following locations:

• 140 Creek St
• 239 George St
• 295 Ann St
• 15 Adelaide St
• 232 Adelaide St.

The Hitachi Building, at 239 George St, was originally known as MLC Tower and was first opened in 1976. ING Office Fund also owns the Australian Government Centre. Both these buildings have benefited from Business Water Efficiency Program funding for water saving initiatives.

Water saving projects

ING Office Fund is committed to implementing initiatives to reduce its environmental footprint. Water saving projects include:

• Installation of dual-flush toilet suites at the Australian Government Centre
• Installation of flow restrictors in common area tapware at the Australian Government Centre
• Installation of WELS 4 star rated water efficient tapware
• Upgrade of cooling tower water treatment systems in the Hitachi Building
• Water saving campaign posters and promotion of tenant awareness.

Water saving achievements

The installation of dual-flush systems and flow restrictors at ING Office Fund’s Australian Government Centre property in Brisbane’s CBD has resulted in annual water savings of over 29ML a year, equivalent to 500 residential sized swimming pools.

ING Office Fund plans to continue incorporating sustainability practices across its national portfolio, with a target water saving across its Queensland portfolio of over 50 megalitres per annum.

ING Office Fund has also made plans to install dual flush toilets and water efficient taps with a four-star rating in the Hitachi Building.