Managers Plan for Sustainability

80% of surveyed property managers have sustainability strategies in place, and dedicated resources to implement them.

A recent survey found that 80 percent of real estate investors and managers have sustainability strategies and dedicated resources to implement it. What’s more is that 60 percent have been collecting and reporting energy consumption data this year.

The 2012 Global Real Estate Sustainability Benchmark (GRESB) Report  included data from 450 property companies that provides information for 36,000 properties. A significant portion reported that their companies have dedicated resources for sustainability management, carry out comprehensive external reporting, and have developed plans to implement sustainability measures.

Other trends found in the report included the rising prevalence of green building certification. About 51 percent included green building certificates in their portfolio, including LEED certifications.

Many property managers are seeing the benefits of long-term sustainability including energy efficient lighting, HVAC, window film, and even renewable energy.

Source: Environmental Leader