By David Lázaro Rodrigo Energy and Sustainability Consultant, at CBRE
The biggest outlay for most commercial property occupiers is the cost of staff. In fact, it is estimated that 86% of operational cost is spent on employee salaries and associated benefits. Break this down and the space provided, particularly its quality, is of upmost importance. Simply, the workspace has a direct impact on productivity, talent retention and levels of absenteeism.
By now, most developers and building owners have heard the term LEED, a green building certification program, and know that it’s good for the environment to be as energy-efficient as possible. But how to incorporate green practices is a little trickier.
Los Angeles, CA, April 16, 2015 /3BL Media/ – More than 400 professionals from around the world will gather in Chicago next week for CBRE Group Inc.’s 15th annual Women’s Networking Forum. The 2015 conference, whose theme is “Growth to Greatness,” is expected to be one of the largest in the CBRE Women’s Network’s history and will feature presentations from the company’s executives and external business leaders, professional-development workshops, networking events, and a major community service project.
Los Angeles, April 8, 2015 /3BL Media/ – CBRE Group, Inc. (NYSE:CBG) today announced that it has been rated one of “America’s Best Employers” by Forbes magazine. CBRE was the top rated real estate firm and ranked 71st overall on the list of 500 employers.
USGBC, TAIPEI 101 and CBRE Collaborate to Share Project Insights, Supporting further Recertification Worldwide
Taipei, March 26, 2015 /3BL Media/ – CBRE, the world’s largest commercial real estate services provider, today announced its appointment as consultant to assist TAIPEI 101 as it seeks to renew its US Green Building Council (USGBC) LEED® for Existing Buildings Operations and Maintenance (LEED EB:OM) Platinum certification. TAIPEI 101 is taking the industry-leading step of upgrading to the new LEED v4 system—the newest version of the world's leading benchmark for high-performance green buildings.
CBRE survey finds 70 per cent view sustainability an important consideration when acquiring property
Property owners must improve the sustainability of their buildings if they want to attract investors and maintain value, a new survey reveals.
A poll of fund and asset managers, pension funds, insurance companies, sovereign wealth funds, real estate investment trusts (REITs) and private equity or venture capital firms by real estate advisers CBRE has found investors care about, and are acting upon, sustainable property measures as they understand there will be a material impact on their assets and financial performance.
By David Lázaro European Energy & Sustainability Consultant, CBRE
The traditional business case for energy efficiency has relied on the premise that it creates long term value in terms of energy savings. In essence, value is derived through the existing operating cost minus the new operating cost. In other words, value is generated when the new operating cost is less than the previous operating cost.
Breaking this down, this means that the total value derived from such a project tends to have limited potential because it can never exceed the current operating cost by design.