ISPT

We’re acknowledging the importance of International Women’s Day tomorrow, by celebrating the incredible women of ISPT who drive our success, inspire change and make our workplace stronger every day. At ISPT, we are proud to champion gender equality, maintaining a 50/50 gender balance across our business. In 2023-24, half of all promotions to manager roles were awarded to women, reinforcing our commitment to equity and leadership diversity. They join our many senior female executives who continue to pave the way for future talent, inspiring the next generation of leaders within our business. This is all in addition to ISPT’s ongoing contribution to the Champions of Change Coalition Property Group which celebrates its 10th anniversary this year. Chris Chapple represents ISPT as a member, actively contributing to the action group’s efforts to address gender imbalances in ‘tough spot’ areas like leasing, capital transactions, and construction. Together, we remain committed to advancing gender equality every day, recognising the important contributions women make to our industry. #IWD2025 #AccelerateAction #InternationalWomensDay #Leadership #WorkplaceEvolution #CreatingBetterFutures #ISPT Katie Jerome Lana Ledgerwood Amanda Steele Doug Cain Steven Peters Madeleine Tomczyk Andrew Dean Anton Arumainathan Grainne Kearns Will Walker ISPT 500 Women | Leigh Dunn Kate Mathewson Melissa H. Letitia Hope, MAPP, GAICD Mei Ching Doery Ka Mun Ho, CFA Harriet Dignan Alana Cooper

What does the future of work look like in a changing industry? Our Head of Portfolio (Office), Nicole Ward, recently joined the Property Council of Australia's Future of Work Outlook panel to explore exactly that. Reflecting on key trends, Nicole discussed how expectations around work-life balance, workplace experience, leadership styles, and office design have significantly evolved over the past few decades. From the shift towards hybrid work, to the growing focus on culture, flexibility, and employee well-being, the conversation highlighted the opportunities and challenges in creating future-ready workplaces that welcome the new Millennial and Gen Z workforce who are excitedly reshaping the property sector. Reflecting on her first-hand experience seeing the sector evolve over the years, Nicole touched on the importance of delivering high-performing office spaces that respond to changing tenant needs, explaining how this pivotal planning is necessary to support productivity, collaboration, and personal fulfillment for the next generation of leaders. Thank you to the Property Council of Australia's Future Directions Committee for inviting us to take part in this thought-provoking discussion. #FutureOfWork #Leadership #WorkplaceEvolution #ISPT #PropertyIndustry #CreatingBetterFutures

DEVELOPMENT NEWS | We’re continuing to grow our industrial footprint, with planning approval received for our $280 million new super prime logistics estate, Dandenong Works in Victoria. In a unique outcome for an industrial project, the 12.2 ha site will retain many of its key heritage elements, including parts of the façade, 60,000 re-used bricks and design elements from the former International Harvester Company site built in 1952. The development approval of this prominent site further supports ISPT Core Fund’s future-focused industrial strategy to deliver market leading prime industrial estates along Australia’s east coast to meet demand. “When complete, this new industrial project will deliver industry leading ESG credentials and provide tenants with best-in-class amenities and fit-outs. We see prime grade industrial stock as a highly defensible and strategic asset class and are planning on catering to growing demand by re-weighting our Core Fund to include more high-quality projects like Dandenong Works,” said Matthew Cox, ISPT’s Project Director (Industrial). Read more: https://lnkd.in/gT6mpgWP Tim Jackson Amanda Steele Chris Chapple Will Walker Doug Cain Steven Peters Tom Waters Tess Clifford Joana Villaflor Belinda Harrison (Kelly) #industrial #industrialdevelopment #adaptivereuse #superprimelogistics #ISPTCoreFund

What does the future hold for the office market in NSW? Our Group Executive, Head of Property Amanda Steele delivered the keynote address at this year’s Property Council NSW Office Market Report last week, to explore the latest trends in office supply and tenant demand, offering an insight into how the sector can continue to prosper in 2025. Key takeaways from the report noted: ▪️ CBD Vacancy rates have slightly increased from 13.6 to 13.7 per cent driven by increased supply and with positive demand above historical averages across four major cities ▪️ Non-CBD Vacancy rates have held steady at 17.2 per cent ▪️ The Overall Vacancy rate has experienced a marginal increase to 14.7 per cent Reflecting on ISPT’s own recent achievements in Sydney including the 100% leasing success of our flagship George Place, award-winning recognition at 477 Pitt in the heart of Tech Central, and our latest retrofit underway at 270 Pitt, Amanda emphasised the importance of adaptive reuse, leading with ambitious ESG targets and experience-based amenity to deliver a workplace for tenant partners and their employees to thrive. “At ISPT, we’re committed to delivering exceptional office developments that meet the growing needs of tomorrow’s workforce. We continue to see increasing opportunity in the NSW market, with a strong start to the year in terms of leasing interest, particularly the core CBD, and continued interest from offshore capital, which sees Sydney as a key market in Australia.” Thank you to Adrian Pozzo from Cbus Property, Ingrid Bakker at Hassell, Karen Primmer from Colliers, Peter Menegazzo from Investa and Stace Fishwick from Property & Development NSW for joining the panel for a thought-provoking discussion. #pca #property #officemarketreport2025

Setting ambitious environmental targets while delivering better outcomes for investors is a key consideration for us at ISPT. That’s why we’re one of the leading clients of Sustainability Linked Loans (SLLs) in the property funds industry, with up to $5.75B linked to rewarding our ESG performance once achieved.  By tying financial incentives to measurable goals, our SLLs produce numerous benefits for our business and investors. They allow us to enhance collaboration between sustainability and finance teams, boost transparency and raise the ESG bar even higher.  Read more from our Chief Sustainability Officer Steven Peters in CommBank Business and Institutional’s latest article: https://lnkd.in/gFVGZGB2  #sustainabilitylinkedloans #sustainablefinance #esg #creatingbetterfutures 

Our team proudly welcomed Prime Minister Anthony Albanese and City of Melbourne Lord Mayor Nick Reece to our iconic Melbourne's GPO last week for the finale of the remarkable ‘Bean and Birtles: Roadster Drive’ – a journey recreating Francis Birtles' legendary 1927 drive to raise vital funds for the Royal Flying Doctor Service of Australia (RFDS). Melbourne's GPO provided the landmark backdrop for the finish line of this historic drive, paying homage to the car’s original route which concluded 97 years ago in the same location in 1928. The drive raised $115,000 so far to fund lifesaving RFDS services while showcasing the extraordinary spirit of those living in the remote communities throughout the route. ISPT is honoured to have played a part in supporting this incredible cause which helps provide a positive impact to communities all across Australia.  Thank you, Prime Minister Anthony Albanese, for joining us to celebrate this historic event! #MelbourneGPO #royalflyingdoctorsservice #supportingcommunities #positiveimpact #betterfutures #ISPT

We’re starting the new year focused on innovation as we embark on our latest industry-first collaboration to deliver next generation mobile connectivity for our tenant partners. In partnership with Telstra, we’re transforming connectivity at select office assets with 5G DAS tech, ensuring reliable, high-speed coverage in lifts, car parks, and more. The first deployment is in Sydney’s new Tech Central precinct, 477 on Pitt Street, followed by 3-5 National Circuit in Canberra, with further sites on the radar. ISPT's Head of Capital Works and Technical Services, Matthew Kelly is confident in the exponential impact this innovation will have on the future of work for ISPT's tenant partners.  "Our strategy is to utilise the very latest 5G innovation in partnership with Telstra, in combination with a number of other cutting-edge technologies to create compelling workplaces that thrive on productivity, fostering greater collaboration and efficiencies. It's all part of our unwavering commitment to providing best in class experiences for our tenant partners that enable their business for success." Peggy Renders, Chief Customer Officer for Telstra Enterprise explains more: https://lnkd.in/g_znvb8g #customerexperience #innovation #proptech #office #5G  Matthew Kelly James Giannikos Nicole Ward Grainne Kearns Amanda Steele

2024 has been a remarkable year for our business, marked by performance, partnerships and impact. We celebrated 30 years of success, progressed our development pipeline with active projects across office, industrial, retail and healthcare, made strategic acquisitions to enhance our portfolio of high-quality assets, and pushed boundaries to achieve ESG excellence. None of this would have been possible without the passion, dedication, and expertise of our incredible team, who are committed to creating better futures for working Australians.   Thank you to our valued investors and partners for your trust and collaboration throughout 2024. We’re excited to build on this year’s success and embark on the next chapter with IFM Investors in 2025. #property #impact #valuedpartnerships #creatingbetterfutures

Our retail centres have been spreading kindness across the globe this festive season, connecting our customers with their loved ones far and wide this Christmas.  In a new initiative designed to give back to our local communities, our retail centres across the country have been busy creating Merry Mailboxes, inviting customers to write a complimentary ‘My Kind of Christmas’ postcard before having it sent on their behalf. So far, we’re on track to send over 13,000 postcards - many reaching overseas mailboxes - proving an old-fashioned note never goes out of style! Through our Gifts of Kindness campaign, we’re also aiming to donate over 10,000 gifts and non-perishable food items to support those in need this Christmas. As our centres head into the busiest week of trade for the year, our Head of Portfolio (Retail) Sam Curry reflected on the important role ISPT shopping centres play in the local community. “During December, our centres welcome over 11 million visits across the country, as customers flock in-store for gift shopping and all their Christmas menu needs. These community initiatives are just some of the ways we’re working to give back to our customers and local communities this Christmas.” #retail #customerexperience #community #property #givingback #socialimpact Michelle Rowse Gabriella Bowman Kylie Gordon

We’re pleased to congratulate Darren Steinberg on being appointed Chair of IFM Investors' new Real Estate Investment Committee.   Chris Chapple, Global Head of Real Estate for IFM Investors said: “Darren’s appointment is a strong recognition of ISPT’s long-term track record and our ambitions for the future. I look forward to working closely with Darren as we continue to build our portfolio.”    "Darren Steinberg's experience and leadership will be an asset to IFM and ISPT as we bring real estate onto the IFM platform and work to deliver for our clients and the millions of working people they represent,” announced IFM Investors Chief Executive, David Neal.   Darren Steinberg commented, “I look forward to working with Chris and the IFM team as we work to deliver superior investment returns for our investors over the coming years”. #realestate #property #propertyinvestment #fundsmanagement