Author Archives: JLL

Real estate’s role in developing smart cities

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Cities are expanding at an unprecedented rate and so is their complexity. By 2050 the world will be populated by an estimated nine-billion people. Seventy percent of people will live in urban areas, many of them in new towns and mega-cities.

In order to be competitive, cities will need to be sustainable, have good transportation systems, and have high-density, mixed-use and efficient infrastructure with low carbon emissions. To support their vast urban populations, cities will increasingly rely on smart infrastructure to efficiently deliver vital services, such as power, water, public transit, distribution of goods and services, waste management and security.

The Smart Cities Council defines smart cities as those that have “digital technology embedded across all city functions,” while the Institute of Electrical and Electronics Engineers describes them as “bringing together technology, government and society” across the economy, mobility, environment, people, living and governance.

There are several reasons that smart cities should be of interest to developers, long-term investors and corporate real estate professionals. Perhaps the most obvious is that smart, sustainable cities command higher land and property values, which attract large-scale investors.

However, the real estate industry needs to understand that the buildings sector plays a huge role in helping to make cities smart. That is because the key to smart cities is data analytics – an important element of which relates to the millions of buildings and the huge masses of population that they accommodate. To gain maximum value from owning or managing assets in a smart city, the real estate itself should also be ‘smart’. Smart buildings and smart cities both generate and require big data.… Read More

Guiding the way to a sustainable future in supply chain

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JLL is committed to embedding sustainability into every part of its diverse global business. Leading the way is JLL’s Supply Chain Management & Procurement (SCMP) team, which is proactively demonstrating its commitment to Building a Better Tomorrow, JLL’s sustainability leadership program.

Leveraging sustainable-friendly programs through our supply chain offers JLL and our clients one of the biggest opportunities to make a positive impact in the world. Shahid Javed, JLL’s Global Chief Procurement Officer, recently joined more than 400 purchasing professionals from multiple countries at the Sustainable Procurement Leadership Council’s (SPLC) 2017 Summit in Denver to promote the sharing of best practices in sustainable procurement.

Shahid facilitated a lively panel session which included participation from Shaw Industries, JLL representing the DIRECTV Account, and EcoVadis. Together, the panel illustrated how building partnerships across supply chains can help all parties drive cost savings, meet sustainability objectives, and provide holistic value-adds above and beyond expectations.

This was demonstrated through a project which allowed DIRECTV to obtain Haze EcoWorx tiles that contain 44% recycled content and are 100% recyclable. … Read More

Categories: Corporate Sustainability and tagged .

People first: green design for health, wellness and productivity

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JLL’s Lower Manhattan office at 28 Liberty Street achieved WELL Certification at the Silver level, a measure of the company’s commitment to employee health, well-being and productivity. The new space was designed to showcase the firm’s dedication to sustainability, energy efficiency, return on investment, and health and wellness, and also meets the U.S. Green Building Council standards for Leadership in Energy and Environmental Design (LEED) Gold Certification.

“JLL’s new office in Lower Manhattan demonstrates the firm’s strong commitment to supporting human health, well-being and comfort in commercial buildings,” said Dana Schneider, Managing Director and Head of JLL’s Energy Sustainability Services group in the Northeast. “There is no better way to understand the impact of incorporating human health advocacy into everyday real estate decisions than to do it ourselves for our own staff.”

The WELL Building Standard, a performance-based certification system, evaluates seven categories of building performance: air, water, light, nourishment, fitness, comfort and mind. WELL is grounded in a body of evidence-based research that explores the connection between the buildings where we spend approximately 90 percent of our time and the health and wellness impacts on us as occupants of these buildings. To be awarded WELL Certification, JLL’s office underwent rigorous testing and a final third-party evaluation to ensure it met all WELL Certified Silver performance requirements.… Read More

Safety and sustainability: Protecting our most valuable resources

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At JLL, we are dedicated to environmental sustainability, knowing that the efforts we make to conserve resources and adopt sustainable principles add long-term value for our clients. But we also know that we cannot be a truly sustainable organization without ensuring the safety and wellbeing of our most valuable resource — our employees.

June is National Safety Month, and at JLL safety and sustainability are not two parallel concepts; they are core principles and values, highly compatible and tightly interwoven into the fabric of our culture — and they go hand-in-hand to create a foundation for how we do business.

Our safety ambitions are also a vital part of Building a Better Tomorrow, our sustainability leadership framework. By embedding safety into our broader sustainability practices we can ensure a positive impact for our people and our clients in our workplaces and our communities.

“When we think of traditional sustainability, we think about working to protect our earth and our environment,” said Bob Best, JLL’s Head of Energy Sustainability Services. “But we know that when you implement sustainable practices and programs — things like energy efficiency, maximizing natural daylight and improving indoor air quality — people become more productive.”

According to Best, sustainable workplaces can achieve much more than just green environments and improved productivity. Companies that care about the environment care about the health and safety of their employees, too.… Read More

The bottom line of green building practices

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Understanding the true value of green building practices – from employee satisfaction to environmental performance – has long been a real estate holy grail. Two new studies bring us closer than ever to seeing its value across the real estate spectrum.

A U.S. Department of Energy study, Utilizing Commercial Real Estate Owner and Investor Data to Analyze the Financial Performance of Energy Efficient, High- Performance Office Buildings, tries to get an understanding of how sustainable design impacts value by correlating energy efficiency and financial performance. The dataset includes 131 properties throughout the U.S. with an aggregate area of 25 million square feet. The regression analysis shows that green properties experience a 28.8 percent increase in Net Operating Income per square foot, and a 17.6 percent reduction in operating expenses per square foot when compared to non-green properties.

The recent Continental Automated Buildings Association study, Improving Organizational Productivity with Building Automation Systems, takes a different approach. … Read More