CapitaLand Awarded Green Mark For Queensbay Mall 1, The Mines

CapitaLand Malaysia Trust’s (CLMT) manager, CapitaLand Malaysia REIT Management Sdn Bhd (CMRM), announced that two of its retail properties in Malaysia have been awarded the Green Mark certification by the Building and Construction Authority of Singapore (BCA).

In a Bursa filing, CLMT said the properties in question are Queensbay Mall 1, which has achieved the Green Mark Platinum, and The Mines, which has obtained a Green Mark GoldPLUS (Provisional) certification.

The BCA Green Mark award recognises organisations who have made outstanding achievements in integrating environmentally friendly features into the built environment.

“To date, 39% of CLMT’s properties based on gross floor area have received a green building certification.

“The BCA Green Mark certification for Queensbay Mall and The Mines serves as a recognition of CLMT’s efforts to enhance the environmental performance of its properties,” it said today (Dec 27).

Key sustainability features at Queensbay Mall include an energy-efficient air conditioning system, smart lighting solutions, and smart indoor air quality monitoring system while at the Mines air conditioning infrastructure is integrated with an advanced chiller plant management system.

With adoption of a chemical-free water treatment system for cooling towers, which enhances the chiller plant’s capacity to provide clean water discharge without relying on traditional chemical treatments.

CMRM chief executive officer Tan Choon Siang said the awards are a testament to CLMT’s commitment to sustainability and validate our capabilities to enhance our assets and create long-term value for our stakeholders.

“This also marks an important milestone as we accelerate our progress towards attaining 100% green building certification for our portfolio by 2030, in line with CapitaLand Investment’s refreshed Sustainability Master Plan.”

Tan added: “In charting our sustainability progress this year, we have made significant strides towards our 2030 targets.

“This includes green financing through the successful conversion of a RM693 million loan facility into a sustainability-linked facility for the funding of the acquisition of Queensbay Mall.

“By placing sustainability at the core of everything we do at CLMT, we strive towards growing our business in a responsible manner and making meaningful contributions to the environmental and social well-being of our communities.”

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