29 Sep '14, 4am

Sustainable property investment on the rise in Asia: #Green https://t.co/sybIPuAf1V

This year’s GRESB Asia response rate increased by 24 per cent with a total of 92 participants, mostly in Japan (31), China (21), and Singapore (13). Asia performed quite strongly in the area of Monitoring and Environmental Management Systems but, along with Pacific, still lag behind the North America and Europe in the area of green building certification. Tim Shen, CBRE’s Head of Sustainability in Asia said “It is very encouraging that there was a significant increase in the measurement and performance aspects of the Asian funds from last year. It shows that this sustainability is not a fad in real estate but a strategic issue with long-term implications. The key areas of opportunity will be around greening of existing buildings, improved stakeholder engagement, particularly landlords working with tenants to mitigate the negative environmental and social impacts. CBRE expe...

Full article: http://www.cbre.com.sg/aboutus/mediacentre/mediaarchives/...

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