The built environment is responsible for close to 40% of greenhouse gas emissions. The CRE industry is making a big effort to reduce this, some of it mandatory, some of it voluntary. More and more parties (Lessors and Lessees) are making a contribution towards a more...
Read More
A recent report published by Deloitte highlights key factors shaping both career and lifestyle choices for Gen Z and Millennials. With a spotlight on sustainability in the workplace, will this cohort, set to make up 74% of the global workforce by 2030, be the catalyst for real...
Read More
In 2008, a tenant client agreed to a 6-page green lease schedule to reinforce its corporate commitment to the environment. It was similar to the NSW government’s requirement at the time for its premises to have a 4.5 star energy rating. However because our client...
Read More
In late July, we introduced Pullinen Property Group’s ESG initiative, CREcycle. We highlighted, “… energy has dominated the conversation for years, making it easy for the CRE industry to follow suit by focusing almost exclusively on NABERS energy ratings.” But what about the other NABERS? Looking at the...
Read More
For years, NABERS has been the guiding light for improving sustainability and efficiency of office buildings with its ratings system for Energy, Water, Waste, and Indoor Environment Quality. It works really well, is now being adopted in other countries, and gives CRE tenants another way...
Read More
Our passion and focus is CRE tenant representation and the markets in which they are housed, but today we digress for a moment. In May we introduced CREcycle as our initiative to reduce CRE landfill from the office sector one tonne at a time. Progress has...
Read More
For many years we have tried to work out how we can make a bigger contribution to the E in ESG in the CRE industry. As a small entity, we do the right things, but we are only 2 people. We wanted to make a...
Read More
The pathway to a more environmentally sustainable corporate and real estate world continues. New legislation across the globe is creating the next evolution in office buildings. In Australia, the Treasury Laws Amendment (Financial Market Infrastructure and Other Measures) Bill 2024 is in the House of Reps. Schedule...
Read More
CRE tenants consider ESG in varying degrees when making new office decisions. The biggest tenants consider it more than the local small business for 2 main reasons; resources and the cost. The good thing is that it is not out of reach as the below shows. We...
Read More
High office vacancy rates around the world have everyone talking about what to do with older and more obsolete office buildings. Recently Carter Jonas (agency) reported that “close to 20% of UK offices are likely to be unlettable to the majority of occupiers with investment because...
Read More