About PREASustainability
Sustainability and other ESG considerations are an increasingly important part of real estate investment decisions. PREA is pleased to provide members with materials to keep up to date on trends and issues in this important area.
Sustainability documents are available to members only.
What Is the S in ESG? A Guide for Real Estate Investors
(For Executive Summary, click here.)
December 2023
PREA Research Report: The Value-Add of Going Green
September 2022
Webinar: Affordable Housing [Replay]
June 1, 2022
Webinar: Net Zero: What Is It and What Might It Cost? [Replay]
September 30, 2021
GRESB Resources
PREA Quarterly, recent articles:
- Pragmatic ESG: Playing Offense and Defense, Fall 2022
- Increasing the Tools to Promote Climate Resilience and Improve Transparency for the Debt Markets, Fall 2022
- Impact Investing: Resilience of Affordable Housing Investments, Fall 2022
- Electrification of Office Properties: How Much Does the Grid Matter?, Summer 2022
- Diversity and Investment Performance: Evidence on the Benefits and Pitfalls, Winter 2022
- Why You Need a Formal ESG Program: Legal and Regulatory Risks, Fall 2021
- Shades of Green, Fall 2021
- The Sustainability Leader's Insomnia: Four Top-of-Mind ESG Challenges in the Quest for Net Zero, Fall 2021
- ESG in the Commercial Real Estate Industry: A Primer on Key Drivers and Impacts on Investment, Fall 2021
- Should Fiduciaries Incorporate ESG in Their Real Estate Investment Decisions?, Fall 2020
- From Virtue to Value: The Evolution of ESG in Real Estate, Winter 2019
- The Renewable Energy Sector: A Discussion of the Major Contributors to Renewable Energy Growth, Fall 2017
- Buildings and Health: All Buzz or a New Megatrend?, Summer 2017
- ESG: Sustainable Investing for the Long Term, Spring 2017
Research articles from The Journal of Portfolio Management, special real estate issue:
- Resilient Real Estate, 2021
- Climate Risk and Real Estate Prices: What Do We Know?, 2021
- Environmental Performance of Commercial Real Estate: New Insights into Energy Efficiency Improvements, 2019
- Green Certification and Building Performance: Implications for Tangibles and Intangibles, 2015
PREA is proud to be an affiliate of the U.S. Department of Energy’s (DOE) Better Buildings Alliance. The list below highlights PREA members who have sustainability Implementation Models highlighted by the Better Buildings program. The links provide a description of the energy efficiency barrier that the member is focused on, the solution that was developed, and the outcome that followed, along with methods of measuring success, and tools and resources for others that may want to adapt the process or implement similar initiatives. PREA congratulates these members on being highlighted by Better Buildings, and on their work developing more sustainable real estate portfolios. We look forward to seeing the list of PREA members involved in the Alliance grow in the future.
Better Buildings Implementation Models by PREA Members
- Jamestown, L.P.: Improving Portfolio Energy Performance Using an EMIS Checklist
- CommonWealth Partners: Impacting Energy Use Through Tenant Engagement
- DWS: Project Energy Saver
- DWS: Site-Level Climate Risk and Resiliency Checklist
- Jonathan Rose Companies: Implementing Portfolio-Wide Resilience Assessments for Affordable Housing
- LBA Realty: Climate Risk Assessment Report and Resiliency Plan
- Lendlease: Understanding Resident Energy Behavior Through Building Energy Management Systems
- Principal Real Estate Investors: Climate Risk Assessment
- Prologis: Accessing Tenant Utility Data in Triple-Net Leased Buildings
- Prologis: CPACE Financing
- Prologis: Using Green Bonds to Invest in Efficiency
- Nuveen: Property Sustainability Scorecard
- Nuveen: Setting Mini-Goals to Reach Mega-Goals: Property Energy Target (PET) Program
- Shorenstein Properties: Student Fellowships to Kickstart In-House Energy Programs
- Shorenstein Properties: Flip the Switch Tenant Engagement Program
- Transwestern: Good, Better…Best Standards of Sustainability
- USAA Real Estate: Building Upgrade Value Calculator
Better Buildings provides many other tools and resources that can assist real estate investors in meeting their sustainability goals, see the Better Buildings Solution Center for more information. We encourage all PREA members to become involved in order to help lead the way in promoting a more sustainable real estate investment industry. Better Buildings partners commit to set a multiyear, portfolio-wide energy-savings goal of 2% annually and work with DOE to share success strategies through published case studies. If you are interested in joining the program, go here.
