Sustainability in Real Estate

Presented By: Cheryl Gray

Sustainability in Real Estate

• Value Drivers

• Global Trends

• Regulations

• Global Risks

• Sustainability in Brazil

• Sao Paulo Perspective

• Multi Family Opportunities

• Sustainability Planning

• Conclusion

2

3

• One of North America's largest real estate investment advisory and services firms

• Over 550 institutional investors

• 132 million square feet of office, retail, industrial and multi-residential property throughout the United States and Canada

• More than 1,400 employees at 13 offices located across Canada and in key U.S. markets

• Member of UN PRI and a recognized leader in Responsible Property Investing, ranking first globally in the Global Real Estate Sustainability Benchmark (GRESB) diversified peer group for 2014

4

Source: 123rf.com

5

higher sales price

lower design and

construction costs

quicker sales

ability to secure finance

rapid return on investment

increased market value

reduced vacancies

slower depreciation

lower exit yield

increased occupancy

rates

compliance with legislation and CSR requirements

lower refurbishment costs

corporate image and prestige value

lower transaction fees

reduced downtime

lower operating

costs

lower maintenance

costs

health and well-being

increased productivity

Global Trends

6

7

Source: unpri.org

8

Source: www.ramboll.fi

9

Source: gbca.org.au

Source: https://s3.amazonaws.com/usgbc-assets/resource/LEED.png

Source: ibec.or.jp/CASBEE/english/index.htm

Source: breaam.org

Source: thegbi.org

Source: bomabest.org

Source: amaplaza.com

Well Building Standard

10

Source: delos.com

11

Source: usgbc.org

Source: https://s3.amazonaws.com/usgbc-assets/resource/LEED.png

12

Sustainability in Real Estate

Regulations

Energy Performance Disclosure

13

European Union

14

Source: rehva.eu

Australia

15

Source: cbd.gov.au

A National Energy Efficiency Program

Green Construction Codes

16

Source: usgbc-mogateway.org

Global Risks

17

GHG Emissions

18

Source: ec.gc.ca

Water Risk

19

Source: wribrasil.org.br

Climate Change Risk

Source: dw.com

20

Climate Change Risk

21

Electricity Costs

22

Sustainability in Brazil

23

Source: worldatlas.com

Sustainability in Brazil

24

Source:go.usgbc.org/brazil

Sao Paulo

• Drought Impacts

• Energy Impacts

• 14.933 Law

• Urban Planning

25

Source: clas.berkeley.edu

Multi Family Opportunities

• Resident Engagement

• Energy Reduction

• Water Conservation

• Waste Reduction

• Sustainability Features

• Existing Buildings versus New Construction

26

Source: irem.org

ForeverGreen @ Home

• Guide Residents Toward Behavioural Changes

• Deepen Sense of Community

27

28

Month Theme Events/Activity Ideas

Sess

ion

1

May This is ForeverGreen Resident kick-off event w/ “I am ForeverGreen” commitment tree

June Sustainable Transportation Bike tune-upCarpool program for building

July Water Conservation Shower timers for residents“Movie Night” - screen a documentary

August Water Bottles Tap water lemonade contestProvide reusable water bottles

Sess

ion

2

September Waste: Reduce, Reuse Community garage saleLitterless lunches for back to school

October Waste: Recycle Waste sorting game in lobby

November E-Waste E-waste collection drive

December Community Giving Food/clothing/toy drive

Calendar By Monthly Theme

28

29

Energy Reductions

Source: frugalupstate.com

Source: forbes.com

Source: newsroom.brownsville-pub.com

Source: makeitcheaper.com.au

Source: gizmag.com

30

Water Conservation

Source: greatestshower.com Source: lenzfire.com

Source: blog.giveasyoulive.com Source: scarlettslandscaping.com

31

Waste Reduction

Source: iop.com

Source: greenerpackage.com

Source: textilewastediversion.com

32

Sustainability Features

Source: csglobe.com Source: mobilicidade.com.br

Source: recreation.ku.eduSource: upload.wikimedia.org/wikipedia/commons/e/e5/Zazcar.jpgSource: mcorreia.wordpress.com

Existing Buildings

• Retrofit Opportunities

• Certification

• Policies & Procedures

33

New Construction• Materials/Products

• Infrastructure

• Walk Score/Location

34

• Engaging the stakeholders

• Having a strategy – keeping focused

• Benchmarking, measuring, monitoring

Strategies That Work

Success is a journey…

35

not a destination- Arthur Ashe