Crombie REIT’s Post

Honoured to be representing the Real Estate Institute of Australia and Australia at the United Nations’ inaugural Buildings and Climate Global Forum in Paris. As Australia moves towards its 2030 and 2025 net-zero goals, the imperative for sustainable development in real estate has never been clearer. We will advocate for sustainable housing practices that not only fulfil our environmental duties but also demonstrate undeniable economic value. The transition to green buildings is not just an environmental necessity but a golden opportunity for Australia to lead in the global shift towards sustainability. https://lnkd.in/gpYm-GUs Real Estate Institute of Australia, Real Estate Institute of Victoria (REIV)

Ambitious climate agreement announced by Royal Docks Enterprise Zone, Newham council and business leaders The Royal Docks Enterprise Zone, Newham Council and key organisations including Excel London, University of East London, Lendlease, London City Airport, and T & L Sugars have signed an ambitious climate agreement to help London reach net-zero by 2030. The agreement will support the Royal Docks in its bid to reduce carbon emissions as it becomes a more sustainable urban development and take climate action that delivers better outcomes for people who live, work, and visit the Royal Docks. The partnership will also serve as a best practice case study for other areas in London who are also working towards a better climate transition at a neighbourhood level. In addition to the climate agreement, the cohort have committed to working together to accelerate and enhance the speed of climate transition plans in Newham, holding each other to account and collaborating on joint initiatives from tree planting to the development of green skills and the sharing of expertise to address key challenges. Commitments include: 🌳 Supporting the design and delivery of the Royal Docks Blue Green Corridor making the waterfront more accessible and useable, restoring and promoting biodiversity (planting wildflower meadows and trees), funding green community initiatives and promoting green public spaces. 🏦 Developing a joint proposal for developing a Digital Twin, an open-data platform that creates virtual replica of the Royal Docks, which can be used to test different sustainable scenarios to help planning and decision making ♻️ Exploring waste management strategies to encourage a circular economy; diverting waste from landfill and reducing the use of single use plastics 🥗 Exploring opportunities to minimise food waste and address food security as part of a new Royal Docks Food and Beverage strategy. Read the full announcement here: https://lnkd.in/eY9CvN5R The Royal Docks Team London Borough of Newham Excel London Lendlease Tate & Lyle Sugars London City Airport University of East London Bühler Group #climateagreement #collaboration #netzero #london #smartcities #sustainablecities

Interview: Tina Paillet, FRICS, President of RICS, talked to us about the real estate industry's crucial role in addressing climate change ► https://lnkd.in/gjKfGwx5 #decarbonization #esg #carbonassessment #commercialrealestate #propertyinvestment #realestateinvesting #realestatetrends

“Greening” your leases may play a significant role in meeting #sustainability goals in commercial real estate. Our alert provides steps to consider when implementing #GreenLease provisions as part of a sustainability plan. #ESG #RealEstate #Climate

🏢 How might a commercial building’s sustainability characteristics affect its investment performance? Find out what real estate practitioners are seeing on the ground with insights from leading real estate practitioners Victoria Ormond, Knight Frank and Sam Carson,CBRE alongside our experts David Hedalen and Imogen Ebbs 👉 https://bit.ly/476GzNj #RealEstate #GreenPremia #RealAssets #Climate

How much extra rent might be generated from buildings with strong sustainability credentials, and could these properties achieve higher sale prices too? 🏞️ David Hedalen discusses the latest research in this Q&A with experts from Knight Frank and CBRE 👇 https://bit.ly/3RQFhzm #RealEstate #GreenPremia #RealAssets #Climate

Climate change is considered by many the biggest threat we are facing today. With the UK said to have one of the oldest housing/building stocks, the focus on a building’s environmental performance and sustainability has never been more critical. Read our new article by Monika M. Jones on 'Sustainability and commercial property: green leases' here: https://ow.ly/5NJj50S6Opu #GreenLeases #CommercialProperty #Sustainability

🏢 How might a commercial building’s sustainability characteristics affect its investment performance? Find out what real estate practitioners are seeing on the ground with insights from leading real estate practitioners Victoria Ormond, Knight Frank and Sam Carson,CBRE alongside our experts David Hedalen and Imogen Ebbs 👉 https://bit.ly/4ddCwjP #RealEstate #GreenPremia #RealAssets #Climate

Over the past several decades, the global green building community has proved that buildings can significantly reduce carbon emissions and natural resource consumption; protect biodiversity; create healthier indoor environments; support disaster mitigation, preparedness and recovery; improve affordability; and drive the creation of financial value, among other groundbreaking outcomes. Scientists have long emphasized the necessity of cutting global carbon emissions by at least 50% by 2030 to avert the worst impacts of climate change, making building decarbonization a top priority. This report highlights USGBC's role in championing sustainable building practices and advocating for decarbonization efforts.

With events related to climate change continuing to be a major focus of the news cycle... Many business owners are looking for ways to lessen their companies’ environmental impact. One move you may want to consider—quite literally—is relocating to a commercial property with a “green lease.” On our CJBS blog, we cover: - What is a green lease? - What are the benefits of a green lease? - Green lease provisions Read more here ⬇️ https://lnkd.in/gUmEFC64