What can NAB Green Finance for Commercial Real Estate be used for?

NAB Green Finance for Commercial Real Estate supports investment for:

  • Acquisition and ownership of existing low-emission buildings which satisfy our eligibility criteria. For example, this would typically include a building with a current National Australian Built Environment Rating System (NABERS) Energy rating of at least 5.5 stars.

  • Development of new low-emission buildings which satisfy our eligibility criteria. For example, this would typically include developments that have achieved a Green Star Design review rating of at least 5 stars.

  • Retrofit projects for building performance upgrades that are designed to achieve at least a 30% reduction in operating emissions intensity from their existing baseline.

For more details and to discuss whether your building or retrofit project may be eligible, speak to your NAB relationship manager.

How do we determine whether a building or project is eligible for NAB Green Finance for Commercial Real Estate?

We may consider a range of evidence to determine whether a building or project satisfies our eligibility criteria. This may include industry rating systems such as NABERS and Green Star, construction documentation and/or models and reports from suitably qualified professionals.

NABERS

NABERS is a national government program administered by the NSW Government. The NABERS rating system assesses and benchmarks the environmental performance of commercial buildings across energy, water, waste, and the indoor environment.

Green Building Council Australia

Green Building Council of Australia (GBCA) is the Australian authority on sustainable buildings and communities, helping ensure they are healthy, liveable, productive, and resilient. The GBCA operates a national, voluntary, holistic rating system for sustainable places - Green Star. NAB is a member of the Green Building Council of Australia.

Useful resources for commercial real estate

Find out more

If you have a relationship manager, contact them directly with any queries. Alternatively, request a call back and our specialist commercial real estate bankers will be in touch.

NAB News Stories

Beyond five-star ratings: The road to decarbonising Commercial Real Estate

AXA IM Alts Head of Asset Management in Australia Chris Willey on the road to decarbonising commercial real estate.

Road to Zero - Built

Built, is constantly rethinking and reimagining what good environmental practices look like on their projects.

Australia needs to build fast to export decarbonisation to the world

Australia can reap a $435 billion economic dividend by capitalising on the global race to achieve net-zero emissions, according to a new report commissioned by NAB from Deloitte Access Economics (DAE).

NAB’s Climate Strategy

Learn more about NAB’s broader climate and sustainability strategy.

Additional green finance solutions

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Important information

Prepared as at October 2024 and subject to change. These products are issued by National Australia Bank Limited (NAB). Applications for credit are subject to NAB’s eligibility, lending and credit approval criteria and security requirements. Terms and conditions apply to NAB products and are available upon request. Fees and charges are payable. You should consider the relevant Product Disclosure Statement or other disclosure document, available from NAB, before making any decisions regarding any product. NAB Green Finance for Commercial Real Estate may only be provided as a new NAB Business Markets Loan or new NAB Corporate Markets Loan. Target Market Determinations for these products are available at nab.com.au/TMD.