Rivertree Honoured with 2023 GreenRE Bronze Award, Announces Partnership with Greenshift for Innovative Green Building Solutions
KUALA LUMPUR – Rivertree Group (“Rivertree” or “Group”), an innovative property developer in Malaysia and one of the industry market drivers in sustainable property development, is thrilled to announce its recent accolade – the distinguished 2023 GreenRE Bronze Award from GreenRE Sdn Bhd. The award reflects Rivertree’s unwavering commitment to sustainable practices and green building excellence.
The prestigious GreenRE Award recognises outstanding projects that demonstrate a dedication to sustainability. Projects earn points by fulfilling prerequisites and garnering credits for green-building prowess. With this honour, Rivertree has firmly positioned itself at the helm of eco-friendly property development in Malaysia.
Rivertree Group’s Managing Director, Dato’ Simon David Leong, said: “Securing the GreenRE Bronze Award for our project is not just a testament to our hard work but also an affirmation of our dedication to pushing the boundaries of green and sustainable property development. Our investment of close to RM1 million in sustainability initiatives shows our stakeholders that we are vocal advocates and active participants in this green revolution.
In view of this, we are now actively in discussion with the appropriate partners about potential areas of collaboration regarding renewable energy projects that will align with the National Energy Transition Roadmap (NETR), which was recently announced by YB Rafizi Ramli, Malaysia’s Minister of Economy on 27th July 2023.”
Further amplifying its commitment, Rivertree is proud to unveil its Memorandum of Understanding (MoU) with Greenshift Solutions Sdn Bhd. This strategic partnership aims to provide property buyers with a choice – either to rent their roofs or to invest in solar panels. Rivertree and Greenshift Solutions are collectively driving the change, encouraging owners to adopt greener energy solutions and substantially reduce carbon footprints.
This pioneering initiative allows buyers a dual benefit. In the short term, owners can generate additional revenue by renting their roofs – a groundbreaking concept in the industrial building sector. Over the long haul, a GreenRE-certified property promises improved rental returns, particularly enticing for suppliers and companies targeting the European and American markets.
“Our alliance with Greenshift Solutions is a reflection of our long-term vision. As a developer, embracing sustainable and green development is imperative for our continued success. Together with Greenshift Solutions, we are set to redefine the norms and set new industry benchmarks,” Dato’ Simon said.
With a clear roadmap ahead, Rivertree is already in talks with Greenshift Solutions about potential collaborations for its ongoing and future projects. Going forward, the Group will target new property development projects in prime locations such as Gombak, KLCC and Mont Kiara. Each project echoes Rivertree’s promise of prioritising sustainability.
