Swire Properties and Tsinghua University have extended their collaboration on the Joint Research Centre for Building Energy Efficiency and Sustainability for a further three years. Established in September 2011, the Joint Research Centre aims to identify, study and test new energy strategies, leveraging on Swire Properties’ projects in Mainland China. The Joint Research Centre helped develop the Integrated Design and Whole-process Management (“IDM”) system, which enables commercial developers to make informed decisions on energy efficiency during the entire building development process. Under the renewed contract, Swire Properties will offer up to HK$5 million per annum in funding for the Joint Research Centre from October 2015 onwards. The IDM will be implemented and tested on Swire Properties’ new joint-venture project in Dalian.