As sustainability becomes an increasing priority in commercial real estate, green building certifications are gaining traction across various industries. In January, BREEAM highlighted its 2024 growth, revealing a 43 percent increase in certified assets across North America.

Breana Wheeler, U.S. director of operations at BREEAM, discussed the growing demand for sustainability certifications, the challenges different asset types face and the evolving role of technology in real estate.

Industrial stakeholders have shown strong interest in BREEAM, largely because the certification allows building owners to focus on factors within their direct control. “BREEAM is structured to independently evaluate the physical asset and operational performance,” explains Wheeler. However, in triple-net lease structures, tenants control operational aspects, making it crucial for owners to improve the asset itself.

Multifamily properties are also increasingly seeking certificati