Abacus Property Group – Sustainablity Report 2018
Abacus Property Group – Sustainablity Report 2018
Abacus Property Group – Sustainablity Report 2018
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20—21<br />
Tenant attraction,<br />
engagement, satisfaction<br />
and retention initiatives<br />
<strong>–</strong> Inaugural tenant engagement<br />
survey<br />
In line with our commitment to<br />
engaging with our tenants, we<br />
completed a review of our existing<br />
tenant engagement approach.<br />
An outcome of this review was<br />
the decision to undertake a<br />
tenant engagement survey across<br />
<strong>Abacus</strong>’ commercial properties. 2<br />
The survey was provided to<br />
approximately 250 tenants across<br />
our commercial tenants and asked<br />
for feedback on our building<br />
appearance, building services,<br />
property and facilities management<br />
and environmental considerations<br />
including energy efficiency, waste<br />
management and recycling.<br />
Key insights include:<br />
<strong>–</strong> We received favourable responses<br />
for building manager and property<br />
manager communication and<br />
engagement; security and<br />
cleanliness and the presentation<br />
of lobbies and hallways.<br />
<strong>–</strong> We recognise opportunities<br />
for improvement across the<br />
cleanliness and presentation of<br />
bathrooms and landscaping and<br />
the comfort levels of the heating,<br />
ventilation and air conditioning.<br />
We will continue to work with our<br />
service providers to improve these<br />
important aspects of the building.<br />
<strong>–</strong> We also asked tenants the<br />
extent to which environmental<br />
considerations are important to<br />
their business. Not surprisingly<br />
91% of respondents answered<br />
that this aspect was moderately<br />
or extremely important. We will<br />
provide further communication to<br />
our tenants to help demonstrate<br />
the initiatives that have been put in<br />
place to improve the environmental<br />
performance of the building.<br />
We recognise the need for tailored<br />
tenant satisfaction and retention<br />
strategies across our portfolio, and<br />
we will use this feedback to inform<br />
our engagement strategy moving<br />
forwards.<br />
<strong>–</strong> Key outcomes from our capital<br />
works programme<br />
Our value proposition is specific to<br />
each property and capital works<br />
undertaken are tailored to each asset<br />
to attract and retain tenants. Some<br />
highlights of our works undertaken<br />
to improve or reposition our assets<br />
across our FY18 portfolio include:<br />
2. The tenant engagement survey was completed across July <strong>2018</strong> and August <strong>2018</strong>, which we recognise as<br />
being outside of the FY18 period, but prior to the finalisation of our FY18 Sustainability <strong>Report</strong>.