SUSTAINABLE INVESTMENT IN REAL ESTATE

Specialist Publications SUSTAINABLE INVESTMENT IN REAL ESTATE A guide to green value creation and risk management - A comprehensive guide to achieving financial success through sustainable investment in listed and unlisted real estate funds - Find out how to effectively assess and manage multiple risks and regulation, and create value - Over 240 pages of practical advice and professional insight from 25+ leading experts Edited by Paul McNamara PRUPIM ORDER NOW www.peimedia.com/sustainable Meaningful metrics are a key issue to reducing carbon emissions from property as without them investors and policymakers cannot gauge either buildings’ current environmental performance or the progress being made to improve them. Paul McNamara, head of research, PRUPIM How do you manage risk and improve returns in real estate? Commercial real estate in all mature markets faces some of the most serious challenges and risks in decades: from governments, regulators, investor activism, tenant demand and choice, natural-risk considerations, energy economics, climate change campaigns and stakeholder action. Sustainable property investing is the answer Effective measures and practical strategies covered by sustainable investment in commercial property go a long way to addressing these risks. If these risks are managed appropriately the damaging downside that sustainable investment tackles can be minimised and the upside benefits maximised. Sustainable Investment in Real Estate is a unique collection of insightful guidance for all real estate practitioners, in listed and unlisted real estate, challenged with making investment sustainable. This title addresses in detail how contemporary risk management, asset management, fund management, regulation, investment, valuation and finance professionals are rising to the challenges of real estate’s new paradigm. Key benefits of this publication - Identify and manage specific and systemic risks that are increasingly impacting real estate from multiple sources in every developed real estate market - Learn vital lessons from practitioners at the vanguard of contemporary risk management, asset management, fund management, regulation, investment, valuation and finance - Assess how to minimise the downside and maximise the upside to create value in real estate investments across your portfolio Essential reading for: - Investors - Managing Agents - Placement Agents - Property Developers - Fund Managers - Lawyers - Property Investment Managers - Bankers and Financiers - Asset Managers - Valuation Experts - Risk Managers - Consultants Table of contents 1. Introduction and history of sustainability, main themes and challenges Paul McNamara, PRUPIM 2. A global perspective on green value in commercial property Nils Kok and Andrea Chegut, Maastricht University, Netherlands 3. Defining and implementing sustainable property fund management Bill Hughes, Legal & General Property 4. How to raise a sustainability-focused real estate fund, make suitable investments and exits - Q&A Tim Mockett and Esme Lowe, Climate Change Property Fund 5. Fundraising to fund management in sustainability-focused real estate Louise Ellison, Quintain Estates & Development PLC 6. Green rating audits in pre-acquisition due diligence Jean-Francois Le Teno, AXA Real Estate 7. Green Ofice: educating tenants in the benefits of sustainable tenancies Gary Holtzer, Hines 8. Maintaining energy eficiency over the life of the lease Katharine Deas, Low Carbon Workplace Ltd. 9. An institutional investor’s view of sustainability - Q&A Ownen Thorne, Merseyside Pension Fund 10. ROI of sustainable improvements Julie Hirigoyen, Jones Lang LaSalle 11. Optimising the business case for low-carbon refurbishment Isabel McAllister, Fiona McWilliams, Richard Quartermaine, Cyril Sweett 12. The IPD Sustainable Property Index Christina Cudworth, IPD 13. Environmental metrics and fund performance Charles Woollam and Chris Edwards, Sustainability in Asset Management 14. Energy Eficiency Financing Barriers and Opportunities Namrita Kapur, Environmental Defense Fund 15. Special considerations in sustainable property financial analysis Scott Muldavin, Green Building Finance Consortium 16. The role of regulations in changing tenant and landlord behaviours – a UK case study Dave Farebrother, Land Securities 17. Valuation trends, techniques and models Philip Parnell, Drivers Jonas Deloitte 18. A comparative international study of green-lease terms and structures Bonny Hedderly, Steven Cox and colleagues, K&L Gates 19. Regulatory environment for real estate investment in sustainability Tatiana Bosteels, Hermes Real Estate 20. Sustainable real estate design and its link to creating value Paul Edwards, Hammerson Sample content available online To view an exclusive excerpt from this title, visit: www.peimedia.com/sustainable 3 EASY WAYS TO BUY London: +44 (0)20 7566 5444 New York: +1 212 645 1919 www.peimedia.com/sustainable fran.h@peimedia.com About PERE Positioned at the heart of the alternative asset class of private real estate, PERE is trusted to provide authoritative coverage the world over. We equip you with the numbers, the knowledge and the network to think and to act. To us, it’s much more than providing content: it’s about delivering information that makes a difference. PERE: For the world’s private real estate markets. Real Estate Investing The Definitive Guide to Real Estate Investing brings together in one highly practical volume a series of strategic investment perspectives written by experts about their chosen real estate investment strategies. The publication is a perfect due diligence resource for any investment manager, whether seasoned or fresh to international real estate markets. Inside the Real Estate Fund Investor Inside the Real Estate Fund Investor will help you understand the factors driving institutional investors’ investment decisions in the post-financial crisis market. Set your strategies and approach investors with confidence by knowing what really motivates them and exactly how to appeal to them. For more information on PERE’s range of Specialist Publications, visit www.peimedia.com/perebooks, or contact Petros Krappas: petros.k@peimedia.com | +44 (0)20 7566 5427 ... - tailieumienphi.vn