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SUSTAINABLE FINANCE

NWC supports the development of green finance. NWC issued its first green bond in 2018 to finance two eligible green projects in the Greater Bay Area, which promotes the sustainable development of the company and region.

Green Projects

The projects incorporate green spaces, energy-saving design and use of eco-materials. With this green bond, NWC won the “Best Green Bond – Real Estate” award from the financial magazine “The Asset”.

Qianhai CTF Finance Tower
Location

Shenzhen, China

GFA

176,300 sq m

Nature

Office and retail

Proceeds Allocated

US$102.3 million

Certifications
  • China Green Building Evaluation Standard — Certificate of Green Building Design Label “Three-Star” obtained for the whole project in June 2020
  • LEED® for Building Design and Construction: Core and Shell Development precertification Gold — South Tower and North Tower plus Retail Podium obtained in October 2018
  • WELL PrecertifiedTM Gold — North Tower plus Retail Podium obtained in November 2018
Highlight of Green Elements –
Energy Efficiency
  • Air handling units with variable frequency control
  • Demand control ventilation
  • Variable speed drive for chilled water pumps
  • Energy efficient radiant chilled ceiling/beam systems (South Tower)
  • Air-side free cooling during cold season
  • Energy efficient lighting and control system
Energy Performance

Estimated annual energy savings exceeding LEED baseline performance# by 18% or more.

Highlight of Green Elements –
Sustainable Water and Wastewater Management
  • City greywater for flushing and irrigation use
  • Harvest rainwater and air conditioning system condensate for recycling use
  • 100% low-flow sanitary fixtures
  • Water efficient irrigation system with humidity sensor control
Water Efficiency and Savings

Estimated annual potable water savings exceeding LEED baseline performance by over 45%

# Using ASHRAE 90.1-2007 as baseline (LEED v2009 Building Design and Construction: Core and Shell Development).

New World Canton Centre, The New Canton Mansion
Location

Guangzhou, China

GFA

284,328 sq m

Nature

Office, retail, serviced apartments and hotel

Proceeds Allocated

US$207.7 million

Certifications
  • China Green Building Evaluation Standard — Certificate of Green Building Design Label “Two-Star” obtained for the whole project in December 2019
  • LEED® for Building Design and Construction: Core and Shell Development precertification Gold – Commercial portion (two office towers including retail, hotel and serviced apartments) obtained in November 2018
Highlight of Green Elements –
Energy Efficiency
  • Air handling units with variable frequency control
  • Demand control ventilation
  • Variable speed drive for all chilled water pumps
  • Pre-heat domestic hot water by the cooling tower condensate water (for hotel)
  • Air-side free cooling during cold season
  • Efficient chillers
  • Energy efficient lighting and control system
Energy Performance

Estimated annual energy savings exceeding LEED baseline performance# by 12% or more

Highlight of Green Elements –
Sustainable Water and Wastewater Management
  • Wastewater recycling for toilet flushing in the self-owned office, co-working space and serviced apartments
  • 100% low-flow sanitary fixtures
  • Rainwater harvesting for irrigation and basement carpark area washing
  • Water-efficient sprinkler irrigation system
Water Efficiency and Savings

Estimated annual potable water savings exceeding LEED baseline performance by over 40%

# Using ASHRAE 90.1-2010 as baseline (LEED v4 Building Design and Construction: Core and Shell Development)

Green Bond is issued under the New World Development Green Finance Framework

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