Hektar REIT bags Asean energy efficient building award for Subang Parade

KUALA LUMPUR (Sept 6): Hektar REIT was named the first runner-up in the Asean Energy Efficient Building: Retrofitted Building category at the Asean Energy Awards & Gala Dinner held in Bangkok, Thailand on Wednesday.

The award was presented to Hektar Asset Management Sdn Bhd CEO Datuk Hisham Othman by Thailand Minister of Energy Sontirat Sontijirawong and witnessed by Malaysia’s Minister of Energy, Science, Technology, Environment and Climate Change Yeo Bee Yin.

The Asean Energy Awards took place during the Asean Energy Business Forum 2019 with the objective of setting the benchmark for excellence, offer recognition and celebrate organisations with exemplary leadership that are driving innovation towards a more sustainable future.

In a media release today, Hektar Asset Management was awarded first-runner up for demonstrating excellence and dedication to the field of energy efficient buildings with reference to the initiatives that were carried out at the its Subang Parade Shopping Centre in recent years.

Subang Parade opened in 1988 and had undergone facelifts and enhancement works such as structural improvements, interior design works, retrofitting the Air Conditioning & Mechanical Ventilation (ACMV) system and the installation of an automated Building Management System.

Through these initiatives, it achieved among others a 34% average reduction in electricity consumption which also translated to a 34% reduction in carbon emissions.

This also saved up to 36% in average monthly electricity bills in 2018.

Hisham said the REIT will continue its efforts and strive to implement green initiatives such as replacing light bulbs to LED, dimming lights when there is sufficient day light, monitoring energy-intensive electric lighting systems and controlled lighting systems to introduce less waste heat into the space.

“The REIT believes that the initiatives should go further, as we plan to introduce the ‘green lease’ by providing new and existing retailers with green guidelines for store fit-out design, and educating tenants on the various awareness activities to encourage them to become green and sustainable.

“We will also carry out more educational campaigns for shoppers and the public to help us reduce the mall’s carbon footprint,” Hisham concluded.