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ARTICLE · 17 JULY 2016

The move towards greener buildings: How will the Commercial Building Disclosure changes affect you?

Holding Redlich
Holding Redlich
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Holding Redlich

Holding Redlich

Holding Redlich is a large national commercial firm with offices in Melbourne, Canberra, Sydney,...

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Building managers and owners are urged to determine if their building falls under the requirements of the CBD Program.

AustraliaReal Estate and Construction

The Australian Government has announced further changes to the Commercial Building Disclosure (CBD) Program in relation to the mandatory disclosure threshold and tenancy lighting requirements.

Building managers and owners are urged to determine if their building falls under the requirements of the CBD Program.

The Change

The change will start from 1 July 2017 and reduces the mandatory disclosure threshold for commercial office buildings from 2,000 to 1,000 square metres in net lettable area (NLA). This means that buildings once immune to the CBD Program will need to reassess their disclosure policies.

As a result of this change, a building will now be a disclosure affected building if:

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