CBRE Global Investors Dutch funds show strong sustainability improvements
CBRE Global Investors’ Dutch funds have released their third Sustainability Report reaffirming the company’s commitment to become the most sustainable real estate investor in the Netherlands.
The Sustainability Report includes the achievements of the Dutch Residential, Office and Retail Funds including details of its sustainability initiatives and the impact on the funds’ performance.
The Dutch Office Fund focused on decreasing the energy use of its buildings by using real time data monitoring and a review to improve all building climate installations across the portfolio. In addition, it has prioritised the increasing interest in green initiatives among tenants by providing them with brochures and information to make it easier for them to save on energy and waste management.
The Dutch Residential Fund has acquired green energy for its common areas, improved the energy label of the portfolio and has reduced the number of ‘non-green’ energy labels for the properties in their portfolio.
The Dutch Retail Fund has improved its average energy label from C to a B across the portfolio. In addition, the carbon footprint of the fund has been decreased by no less than 64 per cent and the first green lease has been closed.
One result of its efforts, the Dutch Retail and Office Funds have both been awarded a Green Star from the Global Real Estate Sustainability Benchmark (GRESB) organisation in its 2011 survey. GRESB is an industry-led organisation committed to assessing the sustainability of private and public real estate funds globally. In addition, the Dutch Residential Fund was named as the second most sustainable residential fund in the world.
Hans Copier, country manager Netherlands, says: “CBRE Global Investors approaches sustainability by striving to be a partner for our stakeholders and setting the standard for cooperation within our business. Through this we try to decrease our impact on the environment and move towards a better and greener tomorrow.”
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