Real estate industry makes progress in carbon reduction
The real estate industry has made significant progress over the past 10 years in reducing carbon emissions and energy consumption while increasing asset value, according to a new report from the Urban Land Institute’s Greenprint Center for Building Performance.
“For the past 10 years, Greenprint has worked with the real estate investment community to help expand and improve upon sustainability best practices within the commercial real estate sector,” says Daniel Cashdan, president of HFF Securities and chairman of The Center for Sustainability and Economic Performance, which houses the Greenprint Center. “As the race against climate change’s various impacts on our cities picks up, the focus of global fiduciaries has become sharpened. Greenprint, as part of our Center for Sustainability and Economic Performance, exists to serve as a resource hub for investors across the globe.”
This year, Greenprint members identified three trends that are pushing real estat