The Nabers Sustainable Portfolios Index (SPI) 2026 highlights the leaders in sustainability performance and transparency in Australia’s shopping centres.
Released on 23 April, the Nabers SPI measures and compares the sustainability performance of commercial property portfolio owners in the shopping centre, office and hotel sectors.
QIC Real Estate are the big winners from the Shopping Centres Index, with strong results across both energy and water efficiency in their Active Retail Property Fund portfolio. They are back-to-back winners in the Shopping Centre Energy Index, after topping the same category last year.
Cbus Property, Lendlease and Vision Super are among other strong performers in the index.
Elanor Investors join the Shopping Centres Index for the first time, and in their debut year, they lead the way on electrification in the sector.
“This year’s SPI highlights how shopping centre portfolios are using Nabers ratings to drive sustained improvement. By benchmarking performance across energy and water, shopping centre owners are building more efficient, resilient assets and setting new
standards for environmental leadership in the sector,” says Magali Wardle, acting director at Nabers.
The 2026 edition is the eighth year of the Nabers Sustainable Portfolios Index, and it sees over 6.3 million square metres of shopping centre space represented in the results.
“A high Nabers rating is not only evidence of sustainability. It is a pathway to finance, a signal to investors, a point of engagement with tenants, and increasingly, a requirement for market participation. The SPI reflects how expectations are shifting and evolving,” Wardle concludes.

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