Drapac Sustainability Fund

• Commercial

Drapac has led the way in sustainable property investment with the Drapac Sustainability Fund. The Fund, dedicated to holding sustainable property assets only, is believed to be the first of its type in Australia.

Drapac believes that sustainable property has emerged as an asset class with lower levels of risk and more favourable opportunities for capital growth providing opportunities for savvy investors to participate in this market sector.

The Drapac Sustainability Fund will acquire, develop and hold qualifying properties meeting a minimum Five-Star Green Star rating (or equivalent).

Manager remuneration is tied to performance and the Fund provides attractive income distributions to investors as well as the potential for capital growth.

The seed asset for the Drapac Sustainability Fund is 200 Victoria Street, Melbourne. The former Carlton and United Breweries laboratories are being converted into state-of-the-art, sustainable and innovative office spaces. In 2009 Drapac was awarded a coveted 6 Green Star Rating for its state-of-the-art redevelopment of 200 Victoria Street, which is only one of a handful of properties in Victoria to achieve the 6-star status. The $35 million completed development will provide an opportunity for small to medium sized business to locate in high quality, environmentally sensitive space on the northern edge of Melbourne's CBD.