Category Archives: Uncategorized

Flood risk management for commercial real estate

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Since the 1970s, insured losses from weather-related catastrophes such as floods, droughts and thunderstorms have increased 14 times. With more than one-third of the world’s land prone to flooding, more frequent and intense natural disasters have brought with them an uncompromising set of negative impacts on business continuity, physical building assets, and, ultimately, asset values.

Innovation in flood risk management has not kept pace with the increasing frequency of such natural disasters. Adoption of systematic flood risk assessment by real estate investors and building occupiers has been slow, the availability of assessment tools has been low, and detailed and up-to-date flood risk information for river and coastal flooding—as well as surface water, groundwater and sewer system flooding—has been limited.

Therefore, a strong need exists to protect real estate physical assets and asset value in the short- and long-term and update business continuity to better account for flooding events. Flood risk management and resilience of commercial real estate and occupier business activities can be improved through better assessment of building location and design, infrastructure and business continuity plans.

Asset owners and building occupiers can introduce more systematic flood hazard assessments through the implementation of flood mitigation features, evaluation of emergency plans and organization’s readiness and recovery plans. The following are key steps to better flood risk management:… Read More

Categories: Uncategorized.

Facilities management leaders, listen up: Why sustainability matters to FM

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As the “circular economy” concept takes hold, facility managers are increasingly called to incorporate sustainability measures as part of the facilities management (FM) delivery. Below, JLL’s Maureen Ehrenberg discusses why sustainability matters to the FM profession. For more on this topic, check out Maureen’s column in the July/August issue of FMJ magazine.

It’s no secret that economic development and environmental degradation have historically gone hand-in-hand. The good news? In response to the “take, make, dispose” approach of the past, a new “circular” economy is emerging, rooted in the “cradle-to-cradle” concept of regenerative, restorative design that minimizes environmental impact throughout the product lifecycle.

FM sustainabilitySustainability has also rapidly risen up the corporate agenda in recent years – providing facility managers with an important opportunity to demonstrate leadership, inform and advise the business  and create value to the business and the community in this space.

In many ways, FM professionals are at the forefront of this charge to achieve long-term sustainability in the built environment. Today’s facility managers – regardless of whether they work in industrial complexes, traditional office spaces, or even healthcare facilities – have more tools than ever before to deliver sustainable building operations and reduce the environmental impact of their facilities and their respective supply chain.… Read More

Where are markets lagging behind in sustainability transparency?

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JLL’s 2016 Real Estate Environmental Sustainability Transparency Index analyses sustainability transparency in real estate for 37 markets across the globe. The index identifies those markets that are leading the charge for sustainability, as well as those markets that are lagging behind, based on analysis of seven environmental sustainability indicators. Read on to learn where the greatest opportunities to improve sustainability transparency lie.

The 2016 Sustainability Transparency Index suggests that minimum energy efficiency standards and green building certification programs continue to be the most widespread environmental transparency instruments. But where are the biggest gaps – and areas for improvement?

Financial indicators remain few and far between

Sustainability transparencyOf the 37 markets analysed, only four countries – France, Canada, New Zealand and Australia – have established financial performance indicators for green buildings.

As a result, there is a considerable gap for most major real estate markets to assess the relative performance of more environmentally-friendly real estate assets. Calculating performance of sustainably-designed and operated assets, for example, is practically impossible without a framework to establish appropriate financial benchmarks and performance targets.… Read More

Adding up the sustainability transparency equation

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JLL’s 2016 Real Estate Environmental Sustainability Transparency Index analyses sustainability transparency in real estate for 37 markets across the globe. The index identifies those markets that are leading the charge for sustainability, as well as those markets that are lagging behind, based on analysis of seven environmental sustainability indicators.

The 2016 Sustainability Transparency Index reveals slow – yet steady – progress as sustainability considerations grow in importance across the globe. The Index, which measures transparency based on a 5-point scale (with country scores towards 1 qualified as “highly transparent” and scores towards 5 as “opaque”) for seven different indicators, shows steady improvement over recent years.

 

 

But the obvious question remains – what environmental sustainability factors indicate whether a market is opaque or transparent?Read More

Where does your market stack-up for sustainability transparency?

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JLL’s Global Real Estate Transparency Index charts the evolution of real estate transparency in more than 100 markets across the globe. The Index compares data availability, governance, transaction processes, property rights, and the regulatory/legal environment to reveal which countries provide the most favorable operating environments for investors, developers and corporate occupiers. Sustainability transparency, analysed for 37 markets, is a separate module and looks at seven environmental sustainability tools.

The results are in: JLL’s 2016 Real Estate Environmental Sustainability Transparency Index calls out the markets that are both leading the pack and lagging behind when it comes to sustainability considerations. Take a look at the graphic below to learn more about where your country falls:

JLL’s 2016 Real Estate Environmental Sustainability Transparency Index

France was the top sustainability player in 2016, largely as a result of legislation – targeting specific companies and industries and consistently rolled-out – designed to facilitate the transition to a low-carbon economy:… Read More