Altis Property Partners minimised the environmental impact of an office transformation through the Furniture Fund.
Altis is committed to making a positive and sustainable contribution to global, local, corporate and personal wellbeing. As the investment manager of an office space in Salmon Street, Port Melbourne, Altis recycled some of the building’s surplus office furniture by using the Property Industry Foundation’s Furniture Fund.
Altis engaged Egans, the removalist partner of the Furniture Fund, to assess, pick up, resell, re-use and disassemble the excess office furniture, ensuring that nothing was wasted. The subsequent sustainability report outlined that 4,453kg was diverted from landfill, enabling Altis to demonstrate its commitment to recycling within a circular economy, as well as action on Climate Change.
In addition to the Sustainability Report, Altis donated the proceeds from the dissembled furniture sold to the Property Industry Foundation, making a significant contribution to supporting social causes.
“Altis was delighted to be able to work with Egans to recycle surplus office furniture and in turn benefit homeless youth through the Property Industry Foundation. Egans was able to organise the cataloguing, transport, and recycling of the items, saving our management team time and effort. Altis is committed to integrating ESG principles into its management practices and this experience with the PIF Furniture Fund is a great example.”
Neva Courts, Director Melbourne Real Estate for Altis Property Partners
Altis Property Partners manages a high-quality commercial portfolio of Office, Industrial, Warehouse Retail, Infrastructure, Tourism and Leisure, and Residential assets valued at over $3 billion on behalf of its investor clients. The newly refurbished building at 191 Salmon Street, Port Melbourne offers exception value A-grade CBD fringe office space now available for lease. For further details visit the websites 191portmelbourne.com.au or altisproperty.com.au
Learn more about the Furniture Fund by visiting the page or by contacting Priscilla Heathwood on 0438 686 370 or email pheathwood@pif.com.au.
