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Australia’s largest listed pure-play office fund, Centuria Office REIT (ASX: COF), has improved its NABERS Sustainable Portfolio Index (SPI) rating to 5.1 stars for energy and 4.2 stars for water during the 2025 calendar year, representing a considerable improvement across a 12-month period from 4.9 stars and 3.9 stars, respectively.
NABERS, an acronym for the National Australian Built Environment Rating System, is a federal government-backed program that measures the environmental performance of Australian buildings and tenancies across energy, water, waste and indoor environment quality. The NABERS SPI rating summarises the performance of a portfolio for a given environmental category.
Between calendar years 2024 and 2025, initiatives implemented across the COF portfolio included:
Belinda Cheung, COF Fund Manager, said, “Today’s customer tenants are seeking modern, sustainable office buildings that incorporate meaningful sustainability features to not only reduce utility costs but help them actively contribute to reducing Greenhouse Gas (GHG) emissions. Sustainable environmental practises are the responsibility of every corporate citizen, and COF works together with its tenants to achieve measurable outcomes for the betterment of our future.”
COF has identified specific ESG targets to help it contribute to the lowering of GHG emissions, namely:
Through proactive asset, property and facilities management, the REIT has a program to identify where it can contribute to improving its portfolio’s sustainability credentials. Below is an outline of the high-performance COF has achieved across its assets as at 31 December 2025.
| Street | Suburb | State | NABERS Energy rating |
| 8 Central Avenue | Eveleigh | NSW | 5.0 |
| 203 Pacific Highway | St Leonards | NSW | 5.0 |
| 9 Help Street | Chatswood | NSW | 5.0 |
| 77 Market Street | Wollongong | NSW | 5.0 |
| 201 Pacific Highway | St Leonards | NSW | 4.0 |
| 818 Bourke Street | Docklands | Vic | 4.5 |
| 101 Moray Street | South Melbourne | Vic | 4.0 |
| 2 Kendall Street | Williams Landing | Vic | 5.5 |
| 584 Swan Street | Richmond | Vic | 5.5 |
| 825 Ann Street | Fortitude Valley | Qld | 5.5 |
| 100 Brookes Street | Fortitude Valley | Qld | 5.5 |
| 154 Melbourne Street | South Brisbane | Qld | 5.5 |
| 485-517 Kingsford Smith Drive | Hamilton | Qld | 5.5 |
| NISHI, 2 Philip Law Street | Canberra | ACT | 5.5 |
| 60 Marcus Clarke Street | Canberra | ACT | 4.5 |
| William Square, 235 William Street | Northbridge | WA | 6.0 |
| 144 Stirling Street | Perth | WA | 5.0 |
| 42-46 Colin Street | West Perth | WA | 5.5 |
| 57 Wyatt Street | Adelaide | SA | 5.5 |