by Tim Shen, Director - Sustainability in Asia, at CBRE
Responsible property investment (RPI) is coming of age globally. The release of the hotly anticipated 2015 Global Real Estate Sustainability Benchmark (‘GRESB’) Survey results, which spans over 700 participants reporting on the sustainability performance of real estate portfolios, is testament to this.
The three most important attributes for any property are location, location, location—or, at least, that’s what we’ve heard for the past many decades. But does this hold true in today’s globalized, hyper-connected economy?
Cleveland headquarters of national real estate company earns third-consecutive honor
Cleveland, July 6, 2015 /3BL Media/ - For the third year in a row, Forest City associates have ranked the company as a Top Workplace in Cleveland, as reported in the annual survey published by cleveland.com. Forest City was ranked 13th among large companies in the area.
LONDON, June 29, 2015 /3BL Media/ – The United Nations Global Compact and RICS today issued a call to organizations in the land, construction and real estate sector, and those working with them, to take a leading role in global efforts to drive responsible and sustainable business practices.
by David Pogue, Global Director of Corporate Responsibility at CBRE
Green building adoption is primarily a big building-first tier city phenomenon in the US. 62.1% of office buildings, greater than 500,000 square feet, are considered “green”, compared to just 4.5% of smaller buildings - spanning less than 100,000 square feet.
62% of large buildings qualify as green, compared to less than 5% of small buildings; San Francisco closing in on Minneapolis in green market rankings
Los Angeles, June 25, 2015/3BL Media/ – Owners of small buildings have an opportunity to differentiate themselves by implementing energy-efficient practices, due to a significant gap between large and small office buildings in achieving sustainability certification, according to a new study by CBRE Group, Inc. and Maastricht University.
By Bob Sulentic, President and Chief Executive Officer at CBRE
Buildings are the focus of many of the most important issues related to environmental sustainability. As the world’s largest commercial real estate services firm we are mindful of our dual responsibility to lead by example through our own actions and to provide impactful solutions for owners and occupiers.
Our environmental policy, which is part of our broader commitment to corporate responsibility, has three elements.
By now, most developers and building owners have heard the term LEED, a green building certification program, and know that it’s good for the environment to be as energy-efficient as possible. But how to incorporate green practices is a little trickier.