Asset Plus announces Green Star commitment for Munroe Lane

NZX RELEASE

7 August 2020

Asset Plus announces Green Star commitment for Munroe Lane

NZX listed Asset Plus (NZX:APL) announces its conditional 15,100m
2
office building development at 6-8 Munroe
Lane has been officially registered under the Green Star NZ – Design and As-Built v1.0 rating tool.

In partnership with Auckland Council as Anchor tenant, Asset Plus is committed to achieving both a 5 Green Star
design and build rating, and a 5 Star NABERS rating for the development. Asset Plus Development Lead Stephen
Brown-Thomas says “the Green Star registration demonstrates our commitment to designing a sustainable
workplace by applying industry leading green building standards.”

The 7-storey commercial office building located in Albany will provide the 5 Green Star base building provisions
with Auckland Council also seeking a Green Star Interiors rating for their fit-out. The rating tools award points
across nine categories including energy, water, types of materials, the indoor environment quality, transport, land
use, management, emissions, and innovation.

NZGBC Chief Executive Andrew Eagles says “It’s always exciting to see projects like this showing leadership and
working towards our green, sustainable standards. By committing to this, Asset Plus and their team are helping
reduce our sector’s impact on the environment and deliver the change New Zealand needs.”

The development agreement with Auckland Council remains conditional upon satisfaction of the landlord funding
and shareholder approval condition prior to 30 October 2020.

-ENDS-