KONE to equip Collins Square, one of Australia's largest mixed-used development with sustainable people flow solutions

November 05, 2014

KONE Corporation, press release, November 5, 2014

KONE, a global leader in the elevator and escalator industry, will supply 25 elevators and escalators to Tower Two at 727 Collins Street, as part of one of Australia's largest mixed-use developments Collins Square in Melbourne. The 38-floor tower includes 55,000 square meters of retail and commercial space and will be the tallest building constructed in the city's central business district in more than ten years.

Collins Square consists of five commercial office buildings and spreads over 200,000 square meters net lettable area over a whole city block. Committed to sustainability, the development is targeting three energy and environmental building ratings: a 5 Star Green Star Design, As Built v3 rating as well as a NABERS Energy 5 Star rating.

Due for completion in 2016, the Tower Two is designed to achieve 5 Star certification and it is expected to rate highly across the environmental criteria covering indoor environment quality, energy, transport, water materials, ecology and innovation. To this end, the Tower Two will use 19 KONE MiniSpace(TM) elevators, out of which eight travel at the speed of 7 m/s, 4 KONE MonoSpace® elevators and two KONE TravelMaster(TM) escalators all set to reduce the building's energy consumption.

"Our energy-efficient people flow solutions are not only perfectly suited for high-rise developments of this kind but they are also good for the environment. We are pleased to help Walker Corporation implement green building practices and meet the most stringent environmental building guidelines," says KONE's Neeraj Sharma, Executive Vice President, Asia-Pacific and Middle East.

The Tower Two is developed by Walker Corporation and Brookfield Multiplex and designed by award-winning HASSELL Architects.

The order was booked in the third quarter of 2014.

Previously published press releases are available at www.kone.com/press including:

September 1, 2014: KONE wins order for high-rise apartments in Sydney, Australia
January 20, 2014: KONE wins order for residential high-rises in Sydney, Australia
October 7, 2013: KONE to supply smart and eco-efficient people flow solutions to prestigious office development in Brisbane, Australia

For further information, please contact:
Liisa Kivelä, Director, External Communications, KONE Corporation, tel. +358 204 75 4330, media@kone.com

About KONE
KONE is one of the global leaders in the elevator and escalator industry. KONE's objective is to offer the best People Flow® experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. KONE provides industry-leading elevators, escalators, automatic building doors and integrated solutions to enhance the People Flow in and between buildings. KONE's services cover the entire lifetime of a building, from the design phase to maintenance, repairs and modernization solutions. In 2013, KONE had annual net sales of EUR 6.9 billion, and at the end of the year over 43,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.