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Paper eres2010_217:
SUSTAINABILITY METRICS FOR COMMERCIAL REAL ESTATE ASSETS ESTABLISHING A COMMON APPROACH

id eres2010_217
authors Ellison, Louise; Brown, Patrick
year 2010
title SUSTAINABILITY METRICS FOR COMMERCIAL REAL ESTATE ASSETS ESTABLISHING A COMMON APPROACH
source 17th Annual European Real Estate Society Conference in Milan, Italy
summary As sustainability has become more central to property industry thinking a multitude of tools, using many different metrics have emerged, designed to measure and assess the sustainability of real estate assets and their owners and managers. This profusion in tools has been healthy in helping the industry to address sustainability in practical ways. However, it is increasingly apparent that a coherent, common set of metrics focused at asset level, needs to be established by the industry to consolidate the progress that has been made and move forward. To this end a group of UK industry bodies brought together under the Property Industry Alliance has been working with industry to establish a set of metrics that can be adopted by industry as a common approach to measuring sustainability at property asset level. To ensure compatibility with existing practice the work took a review of measures currently used as its starting point. Consultation with practitioners and a cross-industryworkshop including representatives from property companies, investors, occupiers, consultants and Government has enabled a distilled set of metrics to be produced. This paper sets out the progress that has been made, presenting findings for wider discussion and debate.
keywords sustainability metrics commercial real estate
series ERES:conference
email LEllison@ipf.org.uk
more http://www.eres2010.org/index.asp?page=papers_download
content file.ppt (746,496 bytes)
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session Green Buildings & Environmental Policies (2)
last changed 2010/08/04 20:47
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