The PRWIRE Press Releases https:// 2017-12-21T07:01:28Z Envirosuite Fast Tracks Global Growth with Odotech Acquisition 2017-12-21T07:01:28Z envirosuite-fast-tracks-global-growth-with-odotech-acquisition-1 Envirosuite Limited (ASX: EVS), the Australian-headquartered provider of the world’s most comprehensive real-time monitoring, investigative and predictive environmental management software, today announced that it has acquired the assets of Odotech Inc, the Montreal-based environmental technology company specialising in the monitoring and management of odours, gaseous contaminants and dust. Envirosuite’s acquisition will further bolster its existing technology platform offering and enable it to compete more effectively on a global scale through a product platform that will integrate the best of both organisations’ feature functionality. The addition of Odotech will add a depth of experience and expertise of industries where odour is a major cause of environmental issues and complaints. This is particularly so in the wastewater, composting, pulp and paper sectors as well as municipal services. Odotech owns a family of patents and intellectual property relating to its proprietary hardware and processes. This includes the OdoWatch platform which supports active air quality management for sites managed by industries and municipal services. Odotech has over 70 Odowatch sites worldwide. Peter White, Chief Executive Officer, Envirosuite, said, “The acquisition represents a major step-up for Envirosuite. The acquisition will further build on our strategy in environmental management best practice with Odotech providing us with expanded functionality and the potential for a material increase in our customer base as well as new strategic partner relationships to enhance our business. “At the same time, this is a strategic move to rapidly increase our worldwide footprint with an offering that will combine the best of both software platforms. Odotech’s deep odour experience will augment our existing solutions for the wastewater market. We’ll now set our sights on incorporating the complementary elements of the Odotech platform into the market-leading Envirosuite SaaS platform.” Envirosuite is already the environmental management system of choice for global mining companies like BHP and AngloAmerican, and for Thames Water, the largest water utility in Europe. The company has also recently been awarded contracts for air quality monitoring in both San Francisco and Los Angeles from the air quality regulatory bodies for those regions. Envirosuite will have its product development team based in both Brisbane and Montreal, while Odotech’s sales and support functions in Canada and Chile will integrate with the existing global Envirosuite sales and marketing team. “Together with our new colleagues from Odotech, we are committed to providing world-leading environmental management solutions to industry, community and governments and we are well placed to capitalise on the building groundswell of interest in air quality management that we are seeing across the globe," said White. About Envirosuite Limited The world gets smaller and better connected every year. As populations grow, industries and communities increasingly collide. This means regulations are only getting tighter, risks higher, and scrutiny more public. Now, thanks to social media, reputations built over years are destroyed overnight. It means getting to the source of environmental issues fast is no longer a ‘nice to have’ — it’s a must. Not knowing is no longer good enough. Envirosuite Limited (ASX:EVS) provides the most comprehensive and intuitive real-time monitoring, investigative and predictive environmental management software in the world. Built on insights from 30+ years experience in environmental consulting, Envirosuite seamlessly converts data into action, enabling real action in real-time. For company information contact: enquiries@envirosuite.com National apartment statistics: Two-bedroom apartments most attractive to Aussie buyers 2017-12-17T18:00:00Z national-apartment-statistics-two-bedroom-apartments-most-attractive-to-aussie-buyers Property consultants Urbis surveyed 37% of brand new and off the plan apartments across Sydney, Melbourne, Brisbane, Perth and the Gold Coast in the September 2017 quarter, recording a total of 1,241 sales. This is a 35% decrease in sales from the previous July quarter which recorded a spike in sales, though similar to the March 2017 quarter (38% of market surveyed), which recorded a total of 1,360 sales. Of the surveyed apartments nationally, 75% are now sold. Urbis monitored over 100,000 actively selling apartments across 704 developments nationally, of which 69% are currently under construction or built. Despite the sales slowdown, the number of available apartments remaining to sell is at the lowest level in years. National Director of Property Economics and Research, Clinton Ostwald, said, “At the end of the quarter, only 9,827 surveyed apartments remained available for sale, compared to 12,548 apartments at the same time last year. Fewer new apartments are launching to the market, leading to fewer sales, however the existing product is still selling though at a slightly slower rate.” PRODUCT Two-bedroom, two-bathroom apartments were the most popular selling product, accounting for 47% of total sales, compared to 39% in the previous quarter. One-bedroom, one-car park apartments were the next most popular product type making up 23% of total sales. Three-bedroom plus product recorded 13% of total sales, the same rate as the previous quarter. Looking at projects currently under construction, an average of 55% of future supply across the country is made up of two-bedroom apartments, while one-bedroom apartments make up 32%, with the remainder being three-bedroom plus units and studios. PRICE Across Australia, the weighted average sale price decreased by $36,672. This decrease was only felt across Brisbane and Perth, which impacted the overall price as surveyed sales in these cities made up 46% of the sample. Mr Ostwald said, “The number of apartments on the market which had recently been completed had an impact on price, as developers, particularly in Brisbane and Perth, were keen to move existing product. “Across the country quality apartments in highly sought-after locations are selling first, quickly achieving their presale targets.” In Perth, 44 per cent of actively selling apartments are now built. Similarly, in Brisbane 35 per cent of projects have completed. In Sydney and Melbourne, respectively, only 14% and 10% of actively selling apartments are built. Nationally, the weighted average sale price for a built apartment was $657,000, for an apartment under construction $788,000, and for an apartment in presales $914,000. FUTURE SUPPLY Sixty-nine developments yielding over 11,000 units settled in the quarter, the majority of these being in Brisbane (31%), Melbourne (33%) and Sydney (31%). Additionally, nineteen projects yielding just under 2,000 apartments sold out in the quarter. Twenty-nine projects yielding over 4,000 apartments launched nationally in the quarter, compared to 56 projects yielding over 6,000 apartments in the same period last year. As well as a slowdown in project launches, only 7,047 apartments were approved, the lowest number of approvals since the beginning of 2014. Mr Ostwald noted, “The slowdown in supply along with demand was a positive sign for the apartment market.” “In 2018, over 44,000 apartments are expected to settle across all five cities, including approximately 10% of which belong to already sold out developments. The skyline and the way we live in Australia is changing, however the pace is currently maintainable. Currently there are approximately 131,000 apartments in development application and approval across the five cities and new development approvals are slowing down. “Of course, not all of these will come to the market, and the level of demand will regulate what does sell and is eventually built. “In Q3, each state had their own story to tell about market conditions, however the united message was one of stability. “In Brisbane, fewer launches, combined with competition from built product that hasn’t been able to settle suggests we won’t be seeing sales numbers increasing, but rather maintain at the current pace. Elsewhere in Queensland, with the festive season and the lead up to the Commonwealth Games, The Gold Coast is quite active for property developers. “In Sydney, owner occupiers and local state investors made up 86% of total transactions this quarter, so we can see that in current conditions the market is very much a local one. The Melbourne market is still very much in presales, and almost 50% of active selling projects in Inner Melbourne have not yet commenced construction. While in Perth, we are seeing sentiment improve about the economy and property market, and we expect to see population growth levels improve, leading to more demand.” said Mr Ostwald. Urbis Apartment Essentials Q3 2017 snapshot: 1,241 sales were recorded in the September 2017 quarter across: Sydney (381 sales, 19% of market surveyed, market size 41,844 units) Melbourne (291 sales: Inner Melbourne 131 sales, 22% of market surveyed, market size 32,636 units – a further 160 sales were recorded in the middle-ring) Brisbane (300 sales, 62% of market surveyed, market size 18,441 units) Perth (276 sales, 88% of market surveyed, market size 10,681 units) Gold Coast (153 sales, 83% of market surveyed, market size 4,519 units) Weighted average sale price recorded at $822,570, a national decrease of $37,000. Sydney - $1,205,774 - $47,000 increase Inner Melbourne - $737,473 - $82,000 increase Brisbane - $644,667 - $81,000 decrease Perth - $608,424 - $53,000 decrease Gold Coast - $676,307 - $48,000 increase The most popular product type was two-bedroom, two-bathroom product at 47% of total sales. Across the cities the highest selling product types were: Sydney – Two-bedroom, two-bathroom apartments - 32%. Inner Melbourne – Two-bedroom, two-bathroom apartments - 27%. Brisbane – Two-bedroom, two-bathroom – 50% Perth – Two-bedroom, two-bathroom – 60% Gold Coast – Two-bedroom, two-bathroom – 69% 31% of actively selling apartments are in presales, 49% are under construction and 20% are recently built. ENDS For media enquiries contact: Rebecca Parry, DEC PR Ph: 02 8014 5033 E: urbis@decpr.com.au About Urbis Urbis is a market-leading firm with the goal of shaping the cities and communities of Australia for a better future. Drawing together a network of the brightest minds, Urbis consists of practice experts, working collaboratively to deliver fresh thinking and independent advice and guidance – all backed up by real, evidence-based solutions. Working across the areas of planning, design, policy, heritage, valuations, transactions, economics and research, the expert team at Urbis connect their clients in the public and private sectors to a better outcome, every time. New Perth Apartment Statistics: Perth apartment market continues to see demand 2017-12-13T18:02:00Z new-perth-apartment-statistics-perth-apartment-market-continues-to-see-demand Despite sluggish activity for Perth real estate, the new apartment market continued to show resilience with 267 sales totalling almost $170 million in value. Urbis Apartment Essentials report for Q3 2017 found that the Perth real estate market was starting to recover with 624 apartment sales in the second half of the year compared to 511 sales in the first half of the year. September 2017 quarter sales were evenly spread across Inner, Fringe and Western Suburbs precincts, however the top two selling projects were both Finbar developments, with the successful launch of Reva in South Perth and Vue Tower in East Perth. Across Perth, the weighted average sale price was $608,424, this was lower than the previous quarter which reflected the more diverse sales, as opposed to the previous quarter which saw a high focus of sales in the Western Suburbs. Sales in other areas (areas outside of the eight defined Urbis precincts and generally more suburban areas) saw an increase in activity for the quarter with 48 apartments sold for the quarter. In the first half of 2017 activity in these areas fell right back (44 sales) but it picked up again in the second half of the year (93 sales). An issue for projects looking to achieve pre-sales continues to be competition from recently completed projects with 38% of total sales in recently built apartments, and a further 30% were in developments which had commenced construction. Urbis Director of Property Economics and Research, David Cresp, said, “Our research shows pre-sales are continuing to support new projects, with almost 60% of all apartments currently under construction having been sold off the plan.” There were only three developments yielding 163 new apartments launching to the market this quarter. However, there are a number of projects sitting on the sideline with 20 projects yielding 1,578 apartments looking to launch over the next 12 months. This is attesting the regained confidence in the Perth apartment market. Included in the launches are projects such as Wright Street Apartments and Eden apartments, which launched in Q4 and are already seeing strong sales. Mr Cresp said, “Apartment over supply was not an issue for the Perth market. Apartments accounted for only 17% of all dwelling approvals according to ABS data for the YTD August 2017. Minute in comparison to Sydney, where 54% of approvals were apartments. As to who these apartments are aimed for, according to Urbis research 53% of sales were to owner-occupiers this quarter, and a further 25% were to local state investors.” The outlook for apartments in Perth was positive, with sentiment improving about the economy and property market in general for 2018. “We expect to see population growth levels improve, leading to more demand. While we are seeing lower levels of apartment completions forecast in 2018, which will allow the market the breathing space it needs to sell any excess apartments. Overall, I feel the Perth apartment market is sitting comfortably.” concluded Mr Cresp. Urbis Perth Apartment Essentials Q3 2017 Snapshot The Perth Apartment Essentials Report found: 276 sales were recorded in the September 2017 quarter. The Inner City precinct recorded the majority of sales at 52 sales, followed by the Other precinct (48 sales), Fringe-East (36 sales), Western suburbs (36 sales), Fringe-South (35 sales), Fringe-North West (30 sales), Southern (16 sales), Southern-Coastal (14 sales) and Outer Southern (9 sales) The weighted average sales price for the September 2017 quarter was $608,424. Two-bedroom two-bathroom product made up the majority of sales at 60% of total sales. One-bedroom, one-bathroom product made up 24% of total sales compared to 29% in the previous quarter. Owner occupier sales dominated the market with 53% of transactions, up slightly from 50% in the previous quarter. ENDS For media enquiries contact: For media enquiries contact: Rebecca Parry, DEC PR Ph: 02 80145033 E: urbis@decpr.com.au About Urbis Urbis is a market-leading firm with the goal of shaping the cities and communities of Australia for a better future. Drawing together a network of the brightest minds, Urbis consists of practice experts, working collaboratively to deliver fresh thinking and independent advice and guidance – all backed up by real, evidence-based solutions. Working across the areas of planning, design, policy, heritage, valuations, transactions, economics and research, the expert team at Urbis connect their clients in the public and private sectors to a better outcome, every time. New Brisbane Apartment Statistics: Inner Brisbane skyline lights up as apartments settle 2017-12-13T18:01:00Z new-brisbane-apartment-statistics-inner-brisbane-skyline-lights-up-as-apartments-settle The Brisbane new apartment market recorded 300 sales in the September 2017 quarter, in line with the previous two quarters’ results of 302 and 311 sales, according to new research by leading property consultants, Urbis. After last quarter’s record high weighted average sale price, this quarter the weighted average sale price decreased by $80,896, registering $644,667. This decrease was driven by a higher proportion of one and two-bedroom apartments transacting across Inner Brisbane, compared to more premium price-pointed stock selling in the previous quarter. At a product level, most product types registered a weighted average sale price decrease from the previous quarter. At a precinct level, the CBD and Inner South precincts were the only two precincts to register a weighted average sale price decrease. Looking at future supply, there were only 672 new apartments which reached development approval status in the quarter, the lowest number recorded in the Urbis Apartment Essentials. Paul Riga, Director Property Economics and Research, said, “Between 2014 and 2016, it was normal to see over 2,000 units reach approval status per quarter, and at the height of the cycle in 2014 and 2015, this number peaked at over 5,000 apartments. “We are now in the settlement phase of the cycle, and lower levels of new apartment demand are fast driving a slow-down in the addition of any further future supply.” There were 3,382 apartments across Inner Brisbane which commenced settlement this quarter, with over 50% of these in the Inner North precinct. Mr Riga noted that of these 3,382 apartments, 47 per cent belonged to sold out projects, with surveyed projects under construction indicating that 13 per cent of product remained unsold. Looking at the bigger picture, in 2016, over 7,000 apartments reached settlement, whereas in 2017 close to 6,700 apartments are expected to settle. A number of projects saw slippage in the estimated completion period, with 2018 now expecting to see a further 7,100 apartments reach settlement. “We are really starting to notice a change in how we live in Brisbane, the cranes are coming down and more and more lights are turning on, and the effect of these new residents is continuing to re-generate both new and established precincts.” said Mr Riga. The traditional two-bedroom two-bathroom apartment market made up the majority of sales this quarter, with 50 per cent of total sales, similar to the 51 per cent achieved in the previous quarter. The level of one-bedroom and three-bedroom-plus sales was also similar to the previous quarter. “What our research is telling us is that even in current market conditions apartments are still selling. Established local developers with a reputation for quality product and strong networks are achieving great results. For the rest of the market, it is certainly harder than it was 18 months ago but sales continue to tick over quarter after quarter. The coming quarters will continue to see limited new project launches, with only a handful mooted to launch over the next six months. “The lack of new launches, combined with competition from built product that hasn’t been able to settle, suggests we’ll see sales numbers maintain at the current pace.” said Mr Riga. Urbis Brisbane Apartment Essentials Q3 2017 Snapshot The Brisbane Apartment Essentials Report found: 300 sales were recorded in the September 2017 quarter, a slight decrease of 3% in sales from the previous quarter which recorded 311 sales. The weighted average sales price for the September 2017 quarter was $644,667, a $80,896 decrease compared to the record June 2017 quarter. This is the lowest weighted average sale price recorded in 2017. The decrease was driven by entry level one and two bedroom apartments transacting across Inner Brisbane, compared to more premium stock in the previous quarter. Sales by product type did not change much from the previous quarter. Two-bedroom two-bathroom product made up the majority of sales at 50% of total sales, similiar to 51% in the previous quarter. Three-bedroom plus product made up only 11% of sales, and one-bedroom product made up 31% of total sales. Only two new projects yielding 342 apartments launched this quarter, compared to five new projects yielding 744 apartments in the previous quarter. Interstate investor buyers dominated the market with 35% of transactions, followed by foreign investor buyers with 28% of transactions. Owner occupier buyers made up 21% of purchases. The Inner East had the highest percentage of Interstate Investor sales, driven by the launch of a new project. ENDS For media enquiries contact: Rebecca Parry, DEC PR Ph: 02 8014 5033 E: urbis@decpr.com.au About Urbis Urbis is a market-leading firm with the goal of shaping the cities and communities of Australia for a better future. Drawing together a network of the brightest minds, Urbis consists of practice experts, working collaboratively to deliver fresh thinking and independent advice and guidance – all backed up by real, evidence-based solutions.Working across the areas of planning, design, policy, heritage, valuations, transactions, economics and research, the expert team at Urbis connect their clients in the public and private sectors to a better outcome, every time. New VIC Apartment Statistics: Flood fears pass as Melbourne apartment pipeline dries up 2017-12-13T18:00:00Z new-vic-apartment-statistics-flood-fears-pass-as-melbourne-apartment-pipeline-dries-up Urbis’ Apartment Essentials report for the September quarter 2017 reveals that while most of the current inventory is progressing well to construction, the pace and volume of new supply is slowing down. As prices hold and even increase, policy makers are left to ponder what will happen if future supply volume continues to fall back. Urbis’ assessment of Melbourne’s off the plan apartment market is based on sales from 49 off the plan projects in the September 2017 quarter comprising a total dwelling stock of 10,350 apartments, as well as monitoring the status of almost 400 projects. Of the 291 sales recorded, 45% were in the Inner Melbourne area, while 55% were recorded in Melbourne’s middle ring. As predicted, there was a drop in sales activity in this quarter for two key reasons: Firstly, a greater share of projects have now sold the majority of their stock - Of the 49 surveyed projects across Inner and Middle Melbourne, 71% of projects have sold more than 70% of their available product. Of these, four projects yielding 291 apartments sold out their last remaining stock in the September 2017 quarter. Secondly, as we predicted earlier in the year, some activity was brought forward to the June quarter to beat the stamp duty changes coming into effect on July 1, with the anticipated softening of investor activity in the September quarter. Given the changing conditions there were fewer projects brought to market. Five new projects amounting to 1,119 apartments launched in Inner Melbourne this quarter, compared to nine new projects amounting to 1,700 units in the previous quarter. While less than 50% of active projects had commenced construction at the close of the quarter, those that are well progressed through presales will soon move to boost construction volumes in the short to medium term. However, this looks to be offset by a diminishing supply pipeline from both a project launch and a development approval perspective. In Inner Melbourne, Urbis assessed 131 sales from 32 projects in the quarter. After a surge in one-bedroom apartments in the June quarter, the market preference for two-bedroom two-bathroom apartments returned, boosting the weighted average sale price by $82,000 to $737,000 in this quarter. Some product differences were apparent across different precincts, with one-bedroom apartments the most popular product in the Central and Inner West Precincts, two-bedroom one-bathroom apartments in the Inner North Precinct and two-bedroom two-bathroom apartments in the Inner East and Inner South. In Inner Melbourne at a product level, prices remained similar to the previous quarter, however several expensive premium product sales helped to lift the overall weighted average sale price. Three of the six Inner Melbourne precincts, the Central, Inner North and Inner West, registered a weighted average sale price increase in the quarter. Combined, these three precincts made up 73% of total Inner Melbourne sales – which further helped boost the overall weighted average sale price. In Melbourne’s middle-ring, the weighted average sale price remained consistent with the previous quarter at $582,000. Two-bedroom, two-bathroom product was also the most popular choice in the middle-ring, accounting for 51% of total sales. Urbis Melbourne Apartment Essentials Q3 2017 Snapshot The Melbourne Apartment Essentials Report found: Urbis assessed 49 off the plan projects comprising a total dwelling stock of 10,350 apartments By the end of the quarter 71% of projects had sold more than 70% of stock Urbis recorded 291 off the plan sales in the September 2017 quarter. Of these, 45% were in the Inner Melbourne area, while 55% were recorded in Melbourne’s middle ring. Once again, the majority of sales were in the middle ring. Within Inner Melbourne, 33% of sales were recorded in the Central Precinct, followed by the Inner North (28% sales), Inner East (24% of sales), Inner West (11% sales) and Inner South (4% sales). The weighted average sales price for the September 2017 quarter was $737,000 for the Inner Melbourne precincts, a $82,000 increase compared to the June 2017 quarter. This increase was driven by more two-bedroom apartments transacting and premium product sales helping to lift the overall weighted average sale price. Two-bedroom, two-bathroom product accounted for 40% of total sales across Inner and Middle Melbourne, and 27% of total sales in Inner Melbourne. One-bedroom apartments across Inner and Middle Melbourne accounted for 37% of total sales, and were split evenly between those with and those without a car park. In Melbourne’s middle-ring, the weighted average sale price remained steady, decreasing by $1,390 to sit at $582,391. Five new projects amounting to 1,119 apartments launched in Inner Melbourne this quarter, compared to nine new projects amounting to 1,700 units in the previous quarter. Only one new development yielding 261 apartments is expected to launch in the last quarter of 2017, with a steadier flow of project releases anticipated in 2018. ENDS For media enquiries contact: Rebecca Parry, DEC PR Ph: 02 8014 5033 E: urbis@decpr.com.au About Urbis Urbis is a market-leading firm with the goal of shaping the cities and communities of Australia for a better future. Drawing together a network of the brightest minds, Urbis consists of practice experts, working collaboratively to deliver fresh thinking and independent advice and guidance – all backed up by real, evidence-based solutions. Working across the areas of planning, design, policy, heritage, valuations, transactions, economics and research, the expert team at Urbis connect their clients in the public and private sectors to a better outcome, every time. New Gold Coast Apartment Statistics: Sold signs aplenty, but fewer new projects on the Gold Coast 2017-12-13T18:00:00Z new-gold-coast-apartment-statistics-sold-signs-aplenty-but-fewer-new-projects-on-the-gold-coast The Gold Coast new apartment market recorded 153 unconditional sales in the September 2017 quarter, according to the latest research by property consultants Urbis. Though a decline on the previous quarter’s sales, fewer active projects were selling. Only 46 new apartment developments were monitored during September quarter, compared to 62 at the same time last year. The Gold Coast weighted average sale price across the four precincts increased by $48,381, to register $676,307 in Q3 2017. This is the highest recorded average price since 2014. This increase was driven by more expensive two-bedroom apartment transactions. The weighted average sale price of this product increased by over $100,000 this quarter. This product price increase was most significant in the Gold Coast Central Precinct, which had a higher level of beach front developments selling. At a precinct level, the Coastal Fringe Precinct registered the greatest increase in weighted average sale price, rising by $123,182 in Q3 2017. However, it was still the most affordable precinct with a weighted average sale price of $592,241. The Southern Beaches Precinct registered a $226,471 decrease in weighted average sale price this quarter, as a new project launch brought affordable stock to the traditionally more high-end apartment market. Given that 63 per cent of sales in the quarter were owner occupier sales, there was a lean towards multi-bedroom apartments. Two-bedroom, two-bathroom apartments made up 69 per cent of total Gold Coast sales this quarter. Three-bedroom, two-bathroom apartments were the next highest selling product type making up 17 per cent of total sales. Urbis Senior Consultant, Lynda Campbell, said, “The Gold Coast apartment market’s level of supply remained stable, with 1,170 apartments for sale at the end of September, lower than the two year quarterly average of 1,325. Additionally, to date 15 projects have sold out during 2017. Only three projects yielding 298 apartments launched on the Gold Coast this quarter, further contributing to fewer sales.” The December 2017 quarter is expected to record an increase in sales with several pending projects launching to the market. “New developments which launched in October and November on the Gold Coast have already achieved strong presales. I expect to see the number of sales increase next quarter, with the festive season and the lead up to the Gold Coast Commonwealth Games being quite active for property developers.” said Ms Campbell. Urbis Gold Coast Apartment Essentials Q3 2017 snapshot: 153 sales recorded in the September 2017 quarter, with 69 per cent of sales being two-bedroom, two-bathroom product. Weighted average sale price recorded at $676,307, an increase of $48,381, and the highest recorded price since 2014. The Gold Coast Central Precinct recorded the highest quarterly sales rate across the four Gold Coast precincts, with 61 sales during the September 2017 quarter, accounting for 40 per cent of total sales. The Coastal Fringe Precinct recorded 58 sales during the September 2017 quarter, followed by Southern Beaches (34). Supply remains stable with 1,170 apartments for sale at end of September, lower than the two year average of 1,325. *Coastal Fringe suburbs include Arundel, Parkwood, Molendinar, Ashmore, Benowa, Bundall, Carrara, Robina, Clear Island Waters, Merrimac and Varsity Lakes. *North Shore suburbs include Biggera Waters, Coombabah, Helensvale, Hollywell, Hope Island, Paradise Point and Runaway Bay. *Gold Coast Central suburbs include Labrador, Southport, Main Beach, Surfers Paradise and Broadbeach and Broadbeach Waters. *Southern Beaches suburbs include Bilinga, Burleigh Heads, Burleigh Waters, Casuarina, Coolangatta, Currumbin, Kingscliff, Kirra, Mermaid Beach, Mermaid Waters, Miami, Palm Beach, Tugun and Tweed Heads. ENDS For media enquiries contact: Rebecca Parry, DEC PR Ph: 02 8014 5033 E: urbis@decpr.com.au About Urbis Urbis is a market-leading firm with the goal of shaping the cities and communities of Australia for a better future. Drawing together a network of the brightest minds, Urbis consists of practice experts, working collaboratively to deliver fresh thinking and independent advice and guidance – all backed up by real, evidence-based solutions. Working across the areas of planning, design, policy, heritage, valuations, transactions, economics and research, the expert team at Urbis connect their clients in the public and private sectors to a better outcome, every time. New Apartment Statistics: Room for growth in Sydney new apartment market 2017-12-13T18:00:00Z new-apartment-statistics-room-for-growth-in-sydney-new-apartment-market Sydney’s new apartment market recorded 381 sales from a sample of 19% of the market in the September 2017 quarter, according to new research released today by leading property consultants, Urbis. The Inner West Precinct recorded the majority of sales at 27% of total sales in the quarter, closely followed by the Eastern Suburbs (24%) and Parramatta (16%). Though fewer sales were recorded with 81% of surveyed apartments now sold, the weighted average sale price increased by $46,677 over the previous quarter, reaching $1,205,774. At a product level, the weighted average sale price decreased across one-bedroom, one-car and two-bedroom, two-bathroom apartments, despite these being the two best-selling product types. However, with 18 of the 30 surveyed projects registering a total weighted average sale price of over $1 million, including the top two selling developments, the overall increase makes sense. Urbis Associate Director of Property Economics and Research, Alex Stuart, said, “Two-bedroom, two-bathroom product was back in the top selling position this quarter, however at only 32% of total sales the popularity of this product type differs from other markets. “The Gold Coast, Brisbane and Perth markets generally sit between 50% and 60% for the proportion of two-bedroom, two-bathroom apartments sold. However, in Sydney and Melbourne where it is a lot harder to get a foot on the property ladder, this is a lot more spread across other, mostly smaller, product types.” One bedroom, one car apartments were the next best seller making up 24% of sales. Sixteen projects containing 2,157 apartments launched in the quarter, compared to thirteen projects containing 3,232 apartments in the previous quarter. Looking ahead, there are 12 projects containing 3,902 new apartments which are expected to launch in the next 6 months. Apartment approvals dropped to 2,433 apartments in the Q3 2017, the lowest number of approvals since mid-2014. However, with only approximately 27,000 apartments currently in development approval and application status, there is still plenty of room for growth. Mr Stuart noted, “The Sydney apartment market has fewer apartments in future supply compared to the much smaller Brisbane apartment market. In Sydney, developments are coming to the market at a much quicker rate than the rest of the nation, and if developers are able to source affordable land, there is opportunity to make a profit.” “Looking at sales and supply levels, apartments in Sydney are still attractive to buyers and developers. Owner occupiers and local investors made up 86% of total transactions this quarter, so we can see that in current conditions the market is very much a local one. The challenge is keeping these apartments attractive and affordable for both developers and buyers.” concluded Mr Stuart. Urbis Sydney Apartment Essentials Q3 2017 Snapshot The Sydney Apartment Essentials Report found: 381 sales, from a sample of 30 surveys, were recorded in the September 2017 quarter. The Inner West Precinct recorded 27% of total sales, followed by Eastern Suburbs (24%) and Parramatta (16%). The weighted average sales price for the September 2017 quarter was $1,205,774 an increase of $46,677 over the previous quarter, and the highest weighted average sale price recorded for the Sydney Apartment Essentials. Two-bedroom, two-bathroom apartments were the most popular product type, making up 32% of total sales. One-bedroom, one-car apartments made up 24% of total transactions. NSW investor sales were once again the most popular transaction, accounting for 51% of total sales. Owner occupier sales accounted for 35% of sales. There were sixteen new apartment launches this quarter, equating to 2,157 apartments. ENDS For media enquiries contact: Rebecca Parry, DEC PR Ph: 02 8014 5033 E: urbis@decpr.com.au About Urbis Urbis is a market-leading firm with the goal of shaping the cities and communities of Australia for a better future. Drawing together a network of the brightest minds, Urbis consists of practice experts, working collaboratively to deliver fresh thinking and independent advice and guidance – all backed up by real, evidence-based solutions. Working across the areas of planning, design, policy, heritage, valuations, transactions, economics and research, the expert team at Urbis connect their clients in the public and private sectors to a better outcome, every time. WordStorm PR is thrilled to represent FOUR PAWS Australia 2017-11-01T23:29:13Z wordstorm-pr-is-thrilled-to-represent-four-paws-australia With offices in 10 countries and more recently in Australia, FOUR PAWS aims to stop animal suffering and to ensure that animals are treated with respect, empathy and understanding. The not-for-profit organisation has been operating since 1988. WordStorm PR will be working with FOUR PAWS Australia on an initial project to increase awareness of bile bear farming in Vietnam, with plans to hopefully rescue bears who are being saved and relocated to a fabulous new bear sanctuary. Monica Rosenfeld, Managing Director at WordStorm PR, said: “Animal cruelty is such an important issue and we are honoured to be educating the public about all the amazing work FOUR PAWS does to help the plight of animals around the world. It’s such an inspiring organisation doing very important work, therefore we are thrilled to be involved in helping to spread the word. We look forward to promoting the projects that FOUR PAWS are working on to protect these ill-treated animals.” For more infomation contact: Rochelle: rochelle@wordstormpr.com.au Grace: grace@wordstormpr.com.au CA Technologies announces a new goal to reduce GHG emissions 40 per cent by 2030 2017-07-12T00:35:23Z ca-technologies-announces-a-new-goal-to-reduce-ghg-emissions-40-per-cent-by-2030 SYDNEY, July 12, 2017 – CA Technologies (NASDAQ:CA) announced its commitment to reduce absolute greenhouse gas (GHG) emissions by 40 per cent by 2030, from a 2015 baseline, in its 8th annual Sustainability Report. The report highlights the company’s continued evolution of corporate social impact, from environmental stewardship to broader societal change. The report also demonstrates how Corporate Social Responsibility (CSR) efforts are linked to CA’s business and positively benefits customers, employees and communities around the world. “We are exceptionally proud of the progress we’ve made over the past several years towards our sustainability goals, and this expanded commitment to reduce absolute GHG emissions is further evidence of how important these global issues are to CA Technologies,” said Erica Christensen, vice president, Corporate Social Responsibility, CA Technologies. “Just like our customers, CA must continue to embrace change and adapt to the environmental and social challenges in the marketplace, and we are committed to making the strategic investments that will advance sustainability for our employees, our customers and the communities we serve. Report highlights include: GHG emission reduction and target. Since 2006, CA has reduced its GHG footprint by approximately 37 per cent, an amount equivalent to powering 5,218 homes for one year, according to the Environmental Protection Agency. After achieving its first GHG reduction target in 2015, CA set a second absolute reduction target of 40 per cent by 2030, based off a 2015 baseline. STEM education. CA is committed to building the STEM pipeline and increasing educational and professional participation by underrepresented groups, particularly women and students of color. This includes the Tech Girls Rock initiative CA created with Boys & Girls Clubs of America, our partnerships with nonprofits like 100Kin10, the Anita Borg Institute for Women and Technology, Code for America, Code.org, Girls Who Code, NPower, DonorsChoose.org and PENCIL, and CA’s support of the European Commission’s Grand Coalition for Digital Jobs. UN Sustainable Development Goals. We carefully consider the relationship between our business and the UN’s Sustainable Development Goals (SDGs). Among the SDGs, Quality Education and Gender Equality (SDG 4 and 5) are core to CA’s commitments around diversity and STEM education. CA is also strongly committed to Affordable and Clean Energy and Climate Action (SDG 7 and 13). We have historically sought out Partnerships for the Goals (SDG 17)—with nonprofits, nongovernmental organisations, government agencies and other companies—to amplify our impact within our primary areas of concern. Water and waste management. CA data centers utilise closed-loop water systems for cooling, minimising water use. In addition, CA reclaims 100 per cent of rainwater from surfaces at its Hyderabad, India facility. The company also reclaims water from parking rooftops at its Islandia, New York facility for landscaping needs. Green buildings and green leases. CA incorporates sustainability elements into new leases, including provisions requiring the use of cleaning materials that are Green Seal-certified, inclusion of building-recycling programs, use of lighting sensors in common areas, and landscape irrigation systems that utilise rain sensor devices to minimise water use. Beyond traditional efficiency projects, CA combines telemetry with process automation to create bots that monitor demand and usage patterns to shut off and turn on servers. Employee generosity. For the fiscal year ending March 31, 2017, CA matched more than $1.6 million in employee donations to more than 1,700 nonprofit organisations. The company's worldwide employee volunteer initiative, CA Together in Action, takes place during the week of Earth Day in April. CA employees take time out of their workday to give back by participating in environmentally-focused volunteer projects and supporting the advancement of STEM learning. Inclusion and diversity. CA's THRIVE program helps create an inclusive and flexible workplace by attracting, nurturing and retaining a diverse workforce. In the United States, CA utilises a diversity candidate slate program to ensure all open requisitions have at least one diverse candidate for consideration in the interview process. The company always hires the best candidate for the job, and the program has strengthened its ability to do that. CA Technologies believes that today’s world needs products that are sustainable by design, with the inherent agility to take advantage of the application economy. Agile development contributes to sustainability by maximising resource utilisation and minimising unnecessary expenses. At the same time, a world driven by software must put people at the center. That’s why CA Technologies CSR efforts combine environmental benefits with societal programs that transform lives. This report, which covers the 2016 calendar year, was drafted in accordance with the Global Reporting Initiative (GRI) G4 Standards at the Core level and incorporates the Ten Principles of the UN Global Compact. For the sixth consecutive year, the report includes independent external assurance of greenhouse gas (GHG) emissions. About CA Technologies CA Technologies (NASDAQ:CA) creates software that fuels transformation for companies and enables them to seize the opportunities of the application economy. Software is at the heart of every business in every industry. From planning, to development, to management and security, CA is working with companies worldwide to change the way we live, transact, and communicate – across mobile, private and public cloud, distributed and mainframe environments. Learn more at www.ca.com. Follow CA Technologies Twitter Social Media Page Press Releases Blogs Legal notices Copyright © 2017 CA, Inc. All Rights Reserved. All trademarks, trade names, service marks, and logos referenced herein belong to their respective companies. Completion of Sale of EnviroSuite’s Consulting Practice 2017-06-26T03:31:19Z completion-of-sale-of-envirosuite-s-consulting-practice EnviroSuite Limited (ASX: EVS) (EnviroSuite or the Company) today announced the completion of the sale of its entire Pacific Environment Consulting practice, including DLA, (together PEC) to the world’s leading environmental and sustainability consulting group, Environmental Resources Management (ERM).  Details of the sale are set out in the Company’s announcement of 27 April 2017.   Robin Ormerod, Managing Director and Founder of EnviroSuite, said “This is a transformational transaction for EnviroSuite as it becomes a focused, well-funded, global SaaS technology business. I would like to thank the staff of EnviroSuite, our legal advisers Addisons, and corporate advisers TMT Partners, for their assistance in the transaction.  We look forward to working with ERM as one of our partners in the globalisation of the EnviroSuite platform.” - - -About ERM Environmental Resources Management (ERM) is a leading global provider of environmental, health, safety, risk, social consulting services and sustainability related services. Through more than 160 offices in over 40 countries and territories employing more than 4,500 people, ERM is committed to providing a service that is consistent, professional and of the highest quality to create value for its clients. Over the past three years, ERM has worked for more than 50 per cent of the Global Fortune 500 companies, delivering innovative solutions for business and selected government clients, helping them understand and manage the sustainability challenges that the world is increasingly facing.  About EnviroSuite EnviroSuite Limited (ASX:EVS), is a global provider of monitoring and operational management services through its leading software-as-a-service platform. The EnviroSuite platform provides a range of monitoring, management and reporting capabilities that are incorporated into a diverse array of operations from water treatment to large scale construction, open cut mines, food processing, port operations, environmental regulators and other industry uses. The leading edge software platform complements and facilitates the pace of technology adoption by industry and the growing expectations of communities the world over that hold environmental quality as key pillars to human health and wellbeing. EnviroSuite offers a stand-alone software service through to a comprehensive platform to assist companies with their environmental monitoring, management and reporting requirements. The EnviroSuite technology was developed, and continues to be driven and supported by some of the world’s best minds in environmental science and engineering.  EnviroSuite is receiving increasing global recognition for its innovative platform that is quickly working its way into the everyday operations of industry. ENDS Public backlash highlights CommBank’s toxic fossil fuel problem 2017-06-22T23:39:16Z public-backlash-highlights-commbank-s-toxic-fossil-fuel-problem Sydney, 23 June 2017: Community backlash against the Commonwealth Bank’s support of fossil fuels is now so severe that the bank has been forced to set up a special taskforce to handle customers threatening to close their accounts.   The revelation comes after continued pressure by customers and concerned community members who have staged numerous protests outside CommBank branches across the country and peppered the bank’s Facebook page with messages pleading for the bank to “dump coal” and “stop supporting the fossil fuel industry”.   “Despite clear proof that fossil fuel investments are toxic, the Commonwealth Bank would rather create a PR team than deal with their customers’ concerns,” Greenpeace Climate and Energy Campaigner, Nikola Casule, said.   “Customers started out angry that the bank they trusted with their money is investing in fossil fuels that are damaging the environment and killing the Great Barrier Reef and now they are furious that those concerns are being ignored.   “The only substantial thing CommBank have done since their customers started telling them they wanted action on climate change has been to set up a team of people to try to convince people not to take their business elsewhere,” Dr Casule said.   The Commonwealth Bank made a public commitment to take action to limit global warming to no more than two degrees in late 2015, but last year lent a massive $3.886 billion to coal, gas and oil mining and infrastructure projects, making it the biggest funder of dirty fossil fuels in Australia in 2016.   Under questioning at a parliamentary inquiry in March, CEO Ian Narev was unable to provide a single example of the bank’s climate policy affecting lending decisions and last month it was revealed that CommBank had been secretly working with Adani to facilitate the construction of the Carmichael megamine. It has still not ruled out providing finance to the proposed mine.     A new international study into 37 banks’ fossil fuel lending policies by BankTrack yesterday put the Commonwealth Bank at the bottom of the pile because of its failure to evidence any policies to restrict coal, gas or extreme oil projects.   “I have been a CommBank customer for over 20 years. I have several mortgages and a business account,” Cabarita resident and business owner, Michael Rahme, said.   “Investing in new coal mines  and coal fired power stations has clearly and undoubtedly become an investment risk, a social risk, and an environmental risk that can no longer be ignored. The individuals on the Board of CommBank would be morally and ethically bankrupt to continue to do so.   “If Commbank do not publicly declare that they will no longer fund or lend or invest in new coal fired power stations, I will be leaving the bank and never coming back.”   Close to 85,000 people have signed a petition calling on CommBank to stop funding new coal, and over 4,500 CommBank customers have indicated they are considering changing banks over their support of dirty coal, oil and gas projects.   “Instead of action to address the concerns of their customers all we have seen is more empty repetition of the same PR rhetoric and spin in direct letters and emails to customers,” Dr Casule said.   “The Commonwealth Bank talks up the need to address climate change, invest in renewables and help us transition to a low-carbon economy, but they are not living up to their word.”   For interviews contact: Rachael Vincent, Media Campaigner rachael.vincent@greenpeace.org 02 9263 0354 | 0413 993 316   Notes Market Forces’ research shows CommBank is Australia’s dirtiest bank, lending $3,886 million to fossil fuels in 2016 and a total of $20.5 billion between 2008 and the first half of 2016 (including $4.523 billion to coal mines, coal fired power plants and coal ports). Beware of headlines promising lower electricity prices 2017-06-15T02:11:41Z beware-of-headlines-promising-lower-electricity-prices-1 Since the Finkel review was released late last week, there have been headlines stating that electricity prices would fall if the recommendations of the review were adopted.   Here’s a warning: These headlines are misleading.   While I am not in disagreement with the review or the recommendations put forward, what I take issue with is how they are falsely being framed and fed into mainstream media.   Based on my extensive knowledge of the electricity industry, a more accurate headline should be:  “Despite Finkel’s recommendations, prices will still rise for most”.   The review actually states that relative to ‘Business as Usual’ (the ongoing and unchanging state of the energy market operating within the present policy vacuum), wholesale electricity prices can somewhat improve from a forecasted ‘worst case scenario’, provided Finkel’s recommendations are adopted.   But here’s the catch: prices for most will not be lower than what we’ve seen to date. Because despite Finkel’s recommended solutions, we’re continuing to operate within the existing policy vacuum, which is pushing prices up.   Additionally, many businesses and residential users have not yet felt the full impact of the increases we have had over the last 12-18 months in the wholesale market. These increases will filter through over the next year or so as larger businesses re-contract and as retailers adjust their pricing for their other customers.   Some of this we are already starting to see with retailers announcing significant increases in pricing for residential users and small businesses from 1 July 2017. Ouch.   In short, for most us, prices are likely to go up before we experience any relief produced from Dr Finkel’s recommendations. ends * Rod Boyte is the founder and a director of Smart Power Ltd. Rod is an independent energy management solutions specialist who has helped hundreds of organisations across Australia and New Zealand rethink the way they purchase and manage energy to achieve greater levels of sustainability and operational excellence. Rod has been a member of the Energy Management Association of New Zealand (EMANZ) since 1995 and served on the EMANZ board from 1998 to 2002 (Vice Chairman in 2002). Over the past six years Rod has represented consumers at all levels by sitting on various groups including the Frequency Standard Working Group, Policy Procurement Working Group and the Metering and Reconciliation Working Group.  Rod is a frequent guest speaker at key industry conferences and events providing insights and predictions into current and future issues. His most recent engagement was in May at Vic Water's 2017 Future State of Electricity conference. With 25 years in the energy management field, Rod Boyte is deemed to be one of the most experienced energy management executives in Australia. www.smartpowerenergy.com.auMedia enquiries: Rod Boyte can be contacted on 0420 266 866. Wendy McWilliams, WMC Public Relations, T: 03 9803 2588 / 0421 364 664 E: wendy@wmcpr.com.au WordStorm PR is proud to be representing Project Everest 2017-06-08T01:55:47Z wordstorm-pr-is-proud-to-be-representing-project-everest WordStorm PR is proud to be representing Project Everest, a social enterprise that aims to solve the world’s most complex development problems by building financially sustainable solutions. Managed by former army officer Wade Tink, Project Everest partners with universities all over Australia to create projects in developing countries to help solve local community problems. It is currently operating in Cambodia, Fiji, Timor-Leste, Malawi and Vietnam with plans to expand to the Philippines. The company has been operating for four years with 450 students particpating in the projects. There are currently nine projects being undertaken with enrolments for trips in December closing in November 2017. WordStorm PR Managing Director Monica Rosenfeld said, “We’re thrilled to be spreading the word about Project Everest. This is such an inspiring venture and something we at WordStorm PR strongly believe in. We look forward to promoting the importance of looking outside the box and highlighting the benefits of a less traditional approach to teaching and learning.” WordStorm PR will be working with Project Everest on an ongoing basis to increase awareness and understanding of social enterprise and unconventional teaching methods. For all media inquiries please contact Rochelle on 02 8272 3208 or rochelle@wordstormpr.com.au. Sale of EnviroSuite’s Consulting Practice 2017-04-27T07:15:36Z sale-of-envirosuite-s-consulting-practice EnviroSuite Limited (ASX: EVS) (EnviroSuite or the Company) today announced that it has entered into a binding agreement to sell its entire Pacific Environment Consulting practice, including DLA, (together PEC) to the world’s leading environmental and sustainability consulting group, Environmental Resources Management (ERM) for A$15 million (the Transaction). The Transaction is being conducted via a sale of the shares in EnviroSuite’s three PEC subsidiaries. On completion of the Transaction, EnviroSuite will enter into a Cooperation Agreement with ERM pursuant to which the two companies will, amongst other things, collaborate to bring a combination of EnviroSuite’s award-winning SaaS platform and ERM’s global consulting capabilities to clients across the world. All PEC staff will transfer to ERM when it acquires the three PEC subsidiaries.  The continuing EnviroSuite team will focus exclusively on the global expansion of EnviroSuite’s software service and ongoing feature development. The sale is subject to the satisfaction (or waiver) of various conditions, including: •      there being no material adverse change affecting PEC before completion; and •      other customary completion conditions, including landlord and key customer consents. Completion of the Transaction is anticipated to occur in late May to early June 2017.  The purchase price of $15m will be paid in cash on completion and will be subject to agreed adjustments for net debt and working capital.  EnviroSuite has agreed with ERM that it will apply $500,000 of the purchase price towards incentivising current and future leaders of PEC. Following the transaction, EnviroSuite will have a cost base that reflects a SaaS business with a focused technology team and a global sales outlook.  A detailed expense line review is currently being undertaken to ensure that the cost base remains as efficient as possible.EnviroSuite SaaS Focus The sale of PEC is a natural extension of EnviroSuite’s strategy to become the world’s leading provider of SaaS monitoring and operations management services for environmental management solutions. Funds from the sale of PEC will enable the Company to further invest in sales, marketing and ongoing development of the features of the EnviroSuite software platform, to maintain its market leadership and to continue to attract highly skilled individuals and partners.  The timing of the settlement of the sale will support the recent establishment and growth of the sales and marketing teams in the USA and Europe and will add to the current sales momentum in those geographies together with Australasia. With a rapidly growing pipeline, new sales partners and recent sales in Spain, UK, USA and Mexico across a range of industry sectors and government the Company is well placed to make this transition.  ERM has an established internal structure to identify and incorporate external technologies and services into its consulting projects. This paves the way for the development of a strong working relationship with EnviroSuite. ERM has already identified a number of current project opportunities in which it intends to involve EnviroSuite’s services. Robin Ormerod, Managing Director, EnviroSuite, said, “We are thrilled to announce this transformational deal with ERM. Our market-leading consulting business becomes a valued part of a highly respected global group, offering exciting career opportunities for the team. For EnviroSuite, working with the global leader in environmental management is an exceptional distribution opportunity and one that we expect will be a game changer for our business globally.”ERM’s Chief Executive Officer, Keryn James, said, “like ERM, EnviroSuite and its Pacific Environment consulting practice has a very strong reputation for professional excellence and client service. We have pursued this acquisition with great enthusiasm and we are confident that it will provide an opportunity to expand our respective offerings to existing clients, as well as a stronger capability and track record for us to pursue new clients in key markets together.”About ERM Environmental Resources Management (ERM) is a leading global provider of environmental, health, safety, risk, social consulting services and sustainability related services. Through more than 160 offices in over 40 countries and territories employing more than 4,500 people, ERM is committed to providing a service that is consistent, professional and of the highest quality to create value for its clients. Over the past three years, ERM has worked for more than 50 per cent of the Global Fortune 500 companies, delivering innovative solutions for business and selected government clients, helping them understand and manage the sustainability challenges that the world is increasingly facing.About EnviroSuite EnviroSuite Limited (ASX:EVS), is a global provider of monitoring and operational management services through its leading software as a service platform. The EnviroSuite platform presents a range of monitoring, management and reporting capabilities that are incorporated into a diverse array of operations from water treatment to large scale construction, open cut mines, food processing, port operations, environmental regulation and other industry uses. The leading edge software platform complements and facilitates the pace of technology adoption by industry and the growing expectations of communities the world over that hold environmental quality as key pillars to human health and wellbeing. EnviroSuite offers a stand-alone software service through to a comprehensive platform to assist companies with their environmental monitoring, management and reporting requirements.  The EnviroSuite technology was developed, and continues to be driven and supported by some of the world’s best minds in environmental monitoring and management. EnviroSuite is receiving increasing global recognition for its innovative platform that is quickly working its way into the everyday operations of industry.ENDS LG Chem launches LG ESS Partner Portal 2016-05-30T23:19:03Z lg-chem-launches-lg-ess-partner-portal  LG Chem, a leader in energy storage solutions, today announced the launch of the LG ESS Partner Portal, an online site dedicated to providing installers and distributers with helpful information about LG Chem products. This is the first time LG Chem has launched a portal for its business partners and is driven by industry requests for further support.   The partner portal will provide partners with detailed information about energy storage solutions including product information; warranties, manuals, product images, specifications, brochures, flyers and other materials to help support all activities across residential, commercial and industrial grid and UPS applications.     “At LG Chem partners are an important part of our ecosystem hence it is crucial that we make investments to help them be successful in the storage business,” said Changhwan Choi, Manager of Australian Business Development, LG Chem. “The launch of this new portal enables installers and distributers to effectively explain and install LG Chem battery systems to the markets they operate in.”   The launch of the portal comes in conjunction with the introduction of a membership points program, LG ESS Partner Care Program. By registering with the portal distributors and installers can accumulate points in exchange for additional benefits such as price reductions and presentation materials.   “We don’t just want our customers to be successful, we want to thank them for joining the portal through a rewards program,” said Choi. “All LG Chem products are equipped with a serial code that can be entered into the portal to register the points, installers will receive points for selling LG Chem products and distributors will receive points when an installer buys our products off them. By creating the points system, we are allowing our customers to reap the benefits of all their hard work and thank them for their loyalty to LG Chem.”   For further information please visit http://www.lgesspartner.com.  About LG Chem    LG Chem, Ltd. is Korea’s largest diversified chemical company which operates three main business units: Petrochemicals, IT & Electronic Materials and Energy Solution. The chemical business manufactures a wide range of products, from petrochemical goods to high-value added plastics. It also extends its chemical expertise into high-tech areas such as electronic materials and rechargeable batteries field. Based on the many years of experience in the development and production of batteries, LG Chem is one of the world's leaders in energy storage systems. As such, the company is a primary supplier for the mobile and automotive industry around the world. Entering the business of ESS in 2010, LG Chem has constantly developed and supplied innovative solutions for the ESS market segments such as Grid, Residential and UPS. Throughout multiple production facilities and an extensive distribution network globally, LG Chem has become a global leading company.