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Climate change procrastinators urged to act
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Debunking deniers is so last decade. Proponents of sustainable, resilient real estate now place more urgency on prodding climate change procrastinators to action. And even conventional push-pull forces are realigning to support the effort.

“Managers are being pulled in the same direction by owners and tenants,” observed Benjamin Shinewald, president and chief executive officer of the Building Owners and Managers Association (BOMA) of Canada, as he led a recent panel discussion in Toronto. “I think there has been a shift in interest in the last five years or so, from mitigation to adaptation.”

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Headline News
»Retail vacancy rates reach historical low
 
»Purdy’s Wharf upgrades underway
 
»Cheryl Gray first Canadian IREM President
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Preparing for the Perils of Winter

Waterproofing, managing heat loss, snow removal, and other seasonal considerations when you are preparing your building for winter. »READ MORE

»Edmonton’s Stantec Tower sale makes history
 
»Energy efficiency primed for climate action
 
»NAIOP announces Development Challenge winners
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Improve safety during Fire Prevention Month

Fire prevention begins with detection and assessing possible causes to eliminate potential threats. October marks National Fire Prevention Month, which serves as a reminder to revisit fire safety and prevention practices. »READ MORE

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IN CASE YOU MISSED IT:
GRESB gets lift from ESG tailwind

Increasing allocations of capital to the real estate and infrastructure asset classes and intensifying climate-related threats to those assets have been hallmarks of the ten years since GRESB, the global benchmark for the environmental, social and governance (ESG) performance of portfolios, was launched. Robust growth in participation — from the initial three European-based pension funds to today’s 1,005 real estate entities, including funds, private companies and REITs, collectively holding more than 100,000 assets in 64 countries — similarly coincides with emerging priorities for risk management and burgeoning capacity to collect and interpret data. »READ MORE

 
 
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