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Property Innovation News - November

Brought to you by Malcolm Aikman, Director of Innovociti Pty Ltd

What the Developers are Doing


Frasers Creates its own energy company
Frasers Property Group is tackling energy supply front on by creating its own energy company - Real Utilities. Frasers will initially use Real Utilities to supply nine residential projects and four retail projects. Real Utilities will provide full lifecycle energy solutions to property assets through a range of renewable energy sources in combination with traditional sources. Read more

Stockland powers on with solar rollout
Stockland has commenced the installation of 5,200 solar panels on its Cairns Shopping Centre with a further four regional Queensland shopping centres to follow. Stockland has the most solar panels installed across its assets of any Australian diversified property company and this further affirms its leading sustainability position. Read more


Lendlease moves into telecom assets
Lendlease has made a strategic move into telecommunication asset ownership with a US$400 million joint venture with Softbank, the Japanese based telecommunications and technology company ranked as the third largest company in Japan. Lendlease Towers will develop and acquire rooftop and tower assets capitalising on the growing demand for data. Read more

What else is happening in Australia


Bringing back the water fountain to reduce plastic bottle waste
Zip Water and Gretha Oost have created ‘The O Initiative’ to provide free public drinking water fountains in Melbourne as a means to reduce the million plus plastic water bottles going into Australian landfills everyday. Read more


What housing will be like in 2040
An international team of Australian, Russian, French, and Italian Architects and Designers have researched current trends and technologies to design “House of the Future”, what housing might look like in 2040. There is some exciting stuff including toilets that analyse your health, beds that improve your sleep, TVs the size of your wall, and virtual reality portals. Read more

From Around the World

Artificial intelligence

McKinsey gives an update on what is happening with AI
A McKinsey survey on Artificial Intelligence (AI) reveals that after decades of research and billions of dollars of investment, AI is starting to provide returns for the early adopters across a range of industries. Read more

Urban agriculture

Shanghai City planning incorporates vertical farm
Shanghai is showing foresight by incorporating a 100-hectare vertical farm adjacent to its CBD to provide food for its 24 million inhabitants. Incorporating research, education, public spaces, and market facilities, the urban farm will incorporate indoor and outdoor agricultural experiences. Read more