CapitaLand Malaysia Trust clinches Green Mark Certifications for Queensbay Mall and The Mines

Accelerates sustainability commitment towards achieving 100% green-certified portfolio by 2030

Kuala Lumpur, December 27, 2023 -- Two of CLMT's retail properties in Malaysia, Queensbay Mall (pictured above) and The Mines have achieved the Building and Construction Authority of Singapore (BCA) Green Mark Platinum and Green Mark GoldPLUS (Provisional) certifications, respectively.

CapitaLand Malaysia REIT Management Sdn. Bhd. (CMRM), the manager of CapitaLand Malaysia Trust (CLMT), is pleased to announce that two of its retail properties in Malaysia have been awarded the prestigious Green Mark certification by the Building and Construction Authority of Singapore (BCA). Queensbay Mall[1] has achieved the Green Mark Platinum, while The Mines 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.

Sustainable building features

Key sustainability features at Queensbay Mall include an energy-efficient air conditioning system that is integrated with precise chiller plant measurement and verification instrumentation. Smart lighting solutions installed also reduces the carbon footprint of the mall while a smart indoor air quality monitoring system ensures optimal conditions for visitors and occupants, while minimising energy use.

At The Mines, the air conditioning infrastructure is integrated with an advanced chiller plant management system. With the adoption of a chemical-free water treatment system for cooling towers, this also enhances the chiller plant’s capacity to provide clean water discharge without relying on traditional chemical treatments.

"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."

"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."

Mr Tan Choon Siang, CEO of CMRM

[1] CLMT interest in Queensbay Mall comprises 91.8% of the total strata floor area of retail parcels and 100% of the car park bays.

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