NATIONAL ASSOCIATION OF REAL ESTATE INVESTMENT MANAGERS
4
SIX TRENDS
W
HAT CAN WE EXPECT in the
next several years with regards to
sustainability and commercial real estate?"
"What cultural, economic, and technological
forces should we look to understand in order to
shape our investment strategies in 2017?"
Recently at Principal Real Estate Investors, portfolio
managers, asset managers, operations managers,
appraisers, and engineers gathered to explore these
questions and assess the implications for the commercial
real estate sector. We focused on the following six trends
that represent large, global changes displaying many
signs of acceleration in the industry:
1. MATERIALITY
Moving from reporting to meaning
Over the past several years, there has been a rapid
growth in sustainability and corporate responsibility
reporting. For example, the Global Real Estate
Sustainability Benchmark (GRESB) now includes data
from 66,000 assets representing over $2.8 trillion
in asset value. The United Nations Principles of
Responsible Investment (UN PRI) annual survey
represents over $59 trillion in assets. The Carbon
Disclosure Project (CDP), the National Association
