Renewable Energy Strategies for Real Estate — Off-Site Project Profile: Purchasing 100 Percent Renewable Electricity in Mainland China (Hang Lung Properties)

Hang Lung, a builder, owner, and manager of commercial properties in Hong Kong and Mainland China, is increasing its purchase of renewable energy to achieve the company’s sustainability targets, including a goal of meeting 25 percent of its mainland China portfolio electricity demand with renewable energy. Although both on-site and off-site opportunities are being considered, […]

Renewable Energy Strategies for Real Estate — On-Site Project Profile: Scaling Up On-Site Solar (Prologis)

A global owner, operator, and developer of logistics real estate, Prologis incorporates the global energy team into Prologis Essentials, a platform to help its customers (building tenants) access various services and solutions for their warehouses. This platform seeks to resolve customer pain points, from racking and forklifts to meeting renewable targets and accessing renewable energy. […]

Renewable Energy Strategies for Real Estate — On-Site Project Profile: Renewable Energy as Part of the Pathway to Achieve Net Zero Carbon (Hudson Pacific Properties)

Hudson Pacific Properties, a real estate investment trust (REIT) with over 19 million square feet (1.8 million sq m) of office and studio properties, believes that climate change is one of the greatest risks to the environment and recognizes real estate’s critical role in being a part of the solution. Reducing the portfolio’s carbon footprint […]

Renewable Energy Strategies for Real Estate — On-Site Project Profile: Long-Term Value from On-Site Renewable Energy (Heitman)

Heitman, a global real estate investment management firm, carefully considers ESG principles during the investment process. This provides opportunities to create value, reduce risk, and enhance investment returns. Heitman is also committed to reducing operational carbon emissions of the private equity portfolio under its control to net zero by 2030. Acquiring assets that have implemented […]

Renewable Energy Strategies for Real Estate — Unique On-Site Solar Energy Deal Structure (LaSalle Investment Management)

LaSalle Investment Management’s LaSalle Logiport REIT (“LLR,” a real estate investment trust established in Japan, or J-REIT) has several environmental objectives, including reducing the environmental impact of its business and its client’s real estate holdings. For LLR, on-site solar energy generation is one way to increase revenue in its existing portfolio. Thirteen of the J-REIT’s […]

Renewable Energy Strategies for Real Estate — Achieving a Quick Payback through Direct Ownership (The Tower Companies)

The Tower Companies, a privately owned real estate developer and property management company, installed 122 kilowatts of rooftop solar on Blair House, a 12-story, 310-unit 1960s multifamily building in Silver Spring, Maryland. The solar installation is estimated to generate more than 150,000 kWh annually and about 10 percent of the building’s total energy demand. Tower […]

Health and Social Equity in Real Estate — 1201 New York Avenue (Pembroke)

Upgraded Health and Wellness for Tenant Retention at 1201 New York Avenue For Pembroke, an international real estate developer and adviser that manages office and mixed-use assets in the world’s leading cities, health and wellness are viewed as a market separator and receive a deliberate focus across the company’s portfolio. With a long-term hold approach, […]

Health and Social Equity in Real Estate — The Pearl (The Tower Companies)

Resident-Focused Health and Wellness at The Pearl As a privately held real estate developer, owner, and property management company with a heightened focus on health and sustainability, The Tower Companies (Tower) leverages its corporate responsibility team, property management and leasing teams, and third-party commercial brokers to communicate the value of healthy and sustainable building features […]