EVORA Global

Had a great 3 days in beautiful Las Vegas at the 2024 Urban Land Institute #FallMeeting. Here are my top 3 (🎰Vegas themed!) take-aways: 1. ❤️ Buildings are the "ace of hearts": Buildings and the way we design them facilitate human interaction and connection. This was a key theme in Simon Sinek's keynote on Day 1 (and the best session of the conference in my opinion). Other conversations I had throughout the conference also emphasized that when it comes to Social, we need to think beyond traditional health and wellbeing, and also consider equality, inclusiveness, accessibility, mental health, public art, connection to faith and spirituality, and fun & play. 2. ⛏️ Buildings are a materials gold mine!: We know that we need to start focusing way more on embodied carbon beyond just operational carbon, and the circular economy is a key part of this. Construction & demolition (C&D) waste make up 40% of US landfill waste and C&D facilities bury and burn $136B worth of lumber every year. We need to design our buildings for deconstruction and enable "waste" materials to be reused. Urban Machine, for example, who spoke on a deconstruction panel, are using robotics and AI to remove metal fasteners from C&D lumber waste so it can be reclaimed for premium wood products. 3. 💲Win BIG or lose BIG: We know that financing is a key enabler for the net zero transition. Across the US, there are a variety of government incentive programs and innovative financing methods (e.g. Property Assessed Clean Energy Programs - PACE). At the same time, there is also an increase in incoming regulations and Building Performance Standards (BPS) across most states and noncompliance can result in hefty fines. About 66% of the existing building stock will not meet upcoming regulatory requirements. It is important for real estate teams to stay on top of innovative incentive and financing programs and forthcoming regulations so that their buildings can remain competitive and valuable. Overall a great conference, and Las Vegas is not a bad location either :) We only have 62 months to 2030 and a lot of ground to cover! I look forward to continuing the conversation at Greenbuild International Conference & Expo in Philadelphia in just over a week!

✨ Siamo orgogliosi di condividere un traguardo eccezionale: #SocietàGasdottiItalia ha ottenuto il rating 5 stelle GRESB, posizionandosi al secondo posto tra le aziende di trasporto di risorse naturali che hanno partecipato alla valutazione, con un punteggio di 96 su 100! Questo importante riconoscimento da parte del benchmark internazionale #GRESB, specializzato nella valutazione #ESG per le aziende infrastrutturali e real estate, conferma il nostro impegno per un futuro più sostenibile e sicuro. 🤝È un risultato che premia il lavoro dei nostri collaboratori e riflette i valori che guidano ogni nostra scelta. Grazie anche al prezioso contributo di EVORA Global, che ha svolto un ruolo fondamentale nella verifica della documentazione, assicurando la qualità e l'affidabilità dei dati presentati. Insieme, siamo determinati a promuovere modelli di business responsabili e innovativi, contribuendo attivamente alla tutela dell’#ambiente e al benessere delle comunità in cui operiamo. 💬 “I risultati raggiunti nel 2024 indicano la strada che SGI deve seguire per una #sostenibilità sempre più concreta. È fondamentale continuare a investire non solo per migliorare i nostri standard, ma anche per sensibilizzare e accrescere la consapevolezza su queste tematiche” - Roberto Loiola, Amministratore Delegato di #SGI. 🔗Leggi l’articolo completo su @ESGnews.it: https://lnkd.in/ewwzWACF

What a fantastic panel at the EVORA Global and Macquarie Group co-hosted GRESB infra results event in NYC last night. We heard views across the investment value chain on how and where ESG is driving value within infra investments.   👏 LP perspective – encouraging to learn about APG’s stance on being a change agent among investors by rooting sustainability within its core brand and engagement with managers. 🎯 GP – impressive to hear Macquarie’s thoughtful approach to on-boarding all new portfolio companies to their ESG road-map, which includes net zero by 2040 for Scope 1 and 2. 🍾 Portfolio Company – refreshing to hear how a focus on sustainability is driving real value for LRS through new business contracts, emissions reductions, and recognition awards. 🤝 Consultant – a masterful example of how EVORA is supporting funds and assets to accelerate progress and propel firms towards leadership. 📈 Benchmark – reassuring to hear how GRESB will evolve the submission to provide industry guidance on what net zero could look like for a diverse and complex sector which is pivotal in the transition to a low carbon economy.   Well done to everyone involved and thank you to Macquarie for the use of your stunning new offices. Tess Pula Patrick Whalen Eleanor Hughes Joss Blamire Steven Hason   #ESG #infra #netzero #NYC

An inspiring couple of days at the REALPAC Executive Member Summit in beautiful Halifax, Nova Scotia. The east coast hospitality (and food 🦞) was fantastic, as were the people I met, and the weather.☀️   My take away on key issues facing Canadian real estate are summarized below:   📈 CIO perspective – more optimism in the market that is seeing spreads narrowing, and transactions coming back in some sectors. Office, and the flight to quality, should see positive returns in the mid term due to a lack of new supply coming through. However, liquidity and the speed of capital recycling is an issue currently. 👍 Investor perspective – increased portfolio allocations are expected for income yielding hard real assets (infra and CRE). 🤝 Hybrid working – more interaction is needed, particularly for those starting their career, to enable better coaching, and mentoring. This doesn’t mean five days in the office – site visits, conferences, coffees and off-sites all help build social capital  🏘️ Housing supply – labor supply, including skilled construction workers, and affordability are key areas that need government input and correction if the huge uptick in housing supply targets are to be met. 🧾 Policy issues – a lack of accountability between municipal and provincial players is hampering construction efforts, as are significant development charges. More thought is needed on tax credits, incentives, and fixes to the labor market. 🌳 Decarbonization – green premiums in the current cycle are anemic at best, but the brown discount is real where outcome driven building performance standards are in place. In addition, decarb actions are driving NOI through additional revenue streams (leasing roof space to solar) and energy cost reductions. A focus on resilience is needed as the market is experiencing the impact of extreme weather – flash flooding in particular.   Thank you to REALPAC and everyone who attended - lots to follow up on. EVORA Global  #CRE #ESG #LobsterRoll

Tra i valori imprescindibili di un edificio contemporaneo c’è il benessere delle persone che lo vivono e lo frequentano, anche grazie al #comfort termo-igrometrico e alla #qualità dell’aria. Ce ne parla Alberto Ballardini di EVORA Global #BACS #certificazione Access4you Fitwel Certification System #wellcertified