Parkview Green Beijing on Track to Meet China's Target for Reduction in Carbon Intensity

New Mixed-use Development is on Track for LEED Platinum Certification

LONDON, December 10 - As world leaders meet in Copenhagen for the United Nations
Climate Change Conference, it was announced today (Thursday 10th December)
that Parkview Green, a major new mixed-use development in Beijing, is on
track to be the first building in China to achieve the Platinum certification
by the LEED (Leadership in Energy and Environmental Design) Green Building
Rating System.

(Photo: www.newscom.com/cgi-bin/prnh/20091210/370616 )

At the China-EU Summit in November 2009, Chinese Premier, Wen
Jiabao stressed China's commitment to reducing the levels of carbon intensity
by 40-45% by 2020. When Parkview Green opens in 2010 it aims to achieve a 40%
decrease in energy use, saving 5000 tonnes of carbon each year, using China's
current Green building code as the baseline comparison.

When Parkview Green opens mid 2010, it aims to join the global
elite of buildings worldwide that have achieved Platinum level certification
under LEED, the world's largest and fastest-growing green building
certification system, which sets the most stringent standards possible for
environmental sustainability.

"There are very few buildings that get certified at the
Platinum level," says Robert Watson of the EcoTech International Group, a
pioneer of the global green building industry who was instrumental in
creating the LEED system. "This building is on track to be the first in China
to achieve this level of certification. It is a standout achievement, not
just in China, but in the world. LEED right now is only achievable by a small
proportion of buildings in the world, and Platinum is the pinnacle of
achievement."

The Parkview Green project, situated between Beijing's embassy
district and the Central Business District, was designed to be a standout
building when planning began almost ten years ago, long before
environmentally conscious design was mainstream in China. The project,
designed by Winston Shu of Integrated Design Associates, aimed to create a
striking architectural landmark, and to respond to the constraints of the
site, working harmoniously with its neighbours.

Leo Hwang of the Hong Kong Parkview Group, who is developing
this project, says: "The building is an architectural landmark, taking its
place alongside the most acclaimed contemporary buildings in the Chinese
capital. In terms of office space we have one of the most innovative
offerings on the market, not only in China, but in the world."

Parkview Green is a large, pyramidal envelope embracing over
two million square feet of mixed-use space in four buildings in a glass and
ETFE outer skin, the same material as the world-famous Olympic Swim Cube. The
cutting edge complex includes offices, a hotel, a multi-storey mall and a
bridged public route through the heart of the building.

Parkview Green's sustainability does not rely on
over-complicated technology, or systems that are prone to failure. The
majority of the energy efficiency savings in the building are made from
well-orchestrated passive systems. The structure is not air conditioned
inside. The whole interior space acts as a solar chimney, with the 89m
highest point of the pyramidal form drawing warm air up and out of the
building. Instead of energy-hungry air conditioning and hermetically sealed
offices, the office and retail areas are ventilated through underground
ducts, using the naturally consistent temperature of the earth, and chilled
ceilings.

The architect, Integrated Design Associates and the engineer
Arup, worked together on the energy strategy without initially realising the
achievements within the LEED system which could be attained. Points are
awarded in seven categories, from Materials and Resources, Indoor Air Quality
to Water Efficiency. To attain Platinum status (the highest rating) a
building must attain more than 80 points out of a possible 100. Parkview
Green looks set to achieve this.

Watson says: "The developers of Parkview Green wanted
something else to set them apart. I think tenants and owners are becoming
aware of value of LEED brand itself," he adds, "and also the value of the
activities that lead to the receiving of the brand's certification. You
really have to achieve something and have a comprehensive integrated approach
to green building."

For further information, to arrange interviews or for high res
images please contact:

    Neil Byrne/Rosalind Freeborn
    Camron Public Relations
    7 Floral Street
    London
    WC2E 9DH
    Tel +44(0)20-7420-1700
    neil@camron.co.uk Rosalind@camron.co.uk

For further information, to arrange interviews or for high res images please contact: Neil Byrne/Rosalind Freeborn: Camron Public Relations, 7 Floral Street, London, WC2E 9DH, Tel +44(0)20-7420-1700, neil at camron.co.uk Rosalind at camron.co.uk