Assuming responsibility: From sustainable buildings to sustainable places
It is a significantly positive step that the integration of Responsible Property Investment (RPI) initiatives have become mainstream for institutional investors.
There are many benefits to be derived from a holistic approach to investing in real estate, which delivers not just solid financial returns, but great places for people to work, live and enjoy. Investors, occupiers and society are beginning to reap the rewards of this approach.
However, while this path is working, we can go further.
The impactful approach to RPI
An impactful approach to RPI starts with changing the way we benchmark investments. The conventional approach is to benchmark individual buildings. Our method, however, is to benchmark sustainable places as a whole.
This requires a holistic approach typically involving enhanced infrastructure, accessible public realm, and effective community engagement, which creates a sense of belonging and civic pride. Our convic