Already a subscriber?Dexus will install more than $25 million worth of batteries in new warehouses, equal to the size of 40 Melbourne Cricket Grounds, as it looks to future-proof its investment portfolio and help its customers reduce their energy costs and carbon footprints.
Energy stored in batteries will be particularly useful to companies running 24-hour operations because it will supplement power supply overnight. Tenants relocating from an older warehouse into a battery-enabled one could see reductions in their energy bill of between 50 and 80 per cent.Mr Mackenzie said including a base battery system in all new warehouses could set a standard for industrial property developers across the sector.In some cases, Dexus will fund the cost of the installation of batteries and include that facility in the rent a tenant pays, while in others it will partner with the occupier on the installation of the battery.
which forecast significant leasing “churn” over the coming years as major occupiers seek premises that will help them achieve net zero carbon emission targets.Nine companies, including Bunnings, Kmart, Symbion, Super Retail Group and Linfox, with combined leases of close to 1.3 million sq m of warehouse space, aim to be carbon-neutral by 2030, JLL found