Posted by bobnone | Posted in Home Buying & Real Estate | Posted on 23-01-2010
Real Estate Investment Objectives ~~ Home & Real Estate Matters ~~
With continuing changes to regulations governing energy use and sustainability in buildings, both owners and occupiers should expect increasing focus on green real estate management, but how do you know if your property is being managed with green, sustainable considerations in mind?
There are two factors to consider, firstly does the property management company have an up to date and relevant Sustainability Policy and have they developed an individual Sustainability Policy for your building?
A Sustainability Policy is a written statement that outlines the company’s objectives and commitments towards targets and performance improvements in the area of sustainability.
It is important because unless a company knows what it wants to achieve and has an idea of how that will happen, it is unlikely to be able to make improvements.
There are a number of elements to a Sustainability Policy, including:
- General sustainability aims and objectives
- An agreement that the policy is actively supported by management and will by implemented by staff
- A way of communicating sustainability targets and objectives to employees, customers and suppliers.
Ultimately the Sustainability Policy should become a central part of the business strategy.
A Sustainability Policy specific to each building is also important because every property will be different and will have different challenges and opportunities. It is unrealistic to expect a one size fits all policy to be appropriate although this does not mean it is necessary to reinvent a policy for each property. Instead your property manager should look at what elements are common across all properties and what specific items can be adopted and configured to suit specific properties.
One target for a property may be to work towards a carbon neutral building but for some properties this may not be achievable, or not at a sensible cost, which will be particularly likely for older buildings. Where this is not possible an alternative is to assess the current carbon footprint attributable to a property and set targets to reduce this.
Other things to consider include are the environmental impact of the day to day running of a property and in particular energy efficiency (how can changes be made to improve energy efficiency) and the types of energy that is used.
There are a number of reasons why developing Sustainability Policies makes sense both for good business and good property management reasons but as legal requirements increase these will become even more important. One final benefit should be as a marketing tool for empty properties. Use your Sustainability Policies to set your property apart from other less environmentally focused properties, particularly when marketing to green aware tenants and it starts to make real business sense.
Simon Murray is a real estate professional working in the UK and specialising in green property management and sustainable techniques for office refurbishment
Commercial Real Estate Investments Objectives
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9th Edition Real Estate Principles and Practices Alfred A. Ring Jerome Dasso $10.00 |
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Real Estate Finance by John P. Wiedemer $12.42 |
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Lot of (4) Combination Realtors Combo Security Key Lock boxes, Real Estate $36.00 |
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Rare 1978 Century 21 Real Estate Vintage Promotional T-Shirt $15.00 |
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FABULOUS! VINTAGE SILVER 4 STRAND REAL PEARL NECKLACE! 50S ESTATE! 28″ LONG!! $34.99 |
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(New) Rich Dad’s Real Estate Advantages: Tax and Legal Secrets (CD) $11.99 |
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Dictionary of Real Estate Terms (Barron’s Business Guides), Jack P. Friedman, Ja $5.25 |
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Estate Find Antique Victorian Edwardian Real HAIR Mourning Pin ~ Named on back $49.99 |
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COMMERCIAL REAL ESTATE INVESTING MONEY COMPLETE COURSE $39.97 |
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SECRETS OF SELLING REAL ESTATE Weaver 7 CD Course $10.99 |
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Master The Real Estate License Examinations, Peterson’s $6.08 |
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The Beginner’s Guide to Real Estate Investing NEW $20.24 |
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Real Estate Investment and Acquisition Workbook, Howard A. Zuckerman, Acceptable $10.33 |
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Essentials of Practical Real Estate Law by Daniel F. Hinkel (2007, Other,… $3.00 |
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Timing the Real Estate Market: The Campbell Method 2nd Edition Robert Campbell $4.99 |
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Why the Real Estate Boom Will Not Bust – And How You Can Profit from It: How to $4.99 |
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Trump: The Best Real Estate Advice I Ever Received: 100 Top Experts Share Their $1.00 |
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4 RICH DAD BOOKS CASHFLOW QUADRANT/PROPHECY/REAL ESTATE RICHES/INVESTING GUIDE $19.95 |
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Making Money with Free and Clear Real Estate Properties- Amazing Profits on CD $32.70 |
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How to Get Started in Real Estate Investing by Robert Irwin (2003, Abridged,… $5.00 |
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1929 Ad Waterville Real Estate House G. F. Terry Maine Residence Sale Realty $38.95 |
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The Abcs of Real Estate Investing by Ken McElroy (2012, Paperback, Reprint) $12.97 |
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Parkway one of top performing REITs in the country.(Parkway Properties Inc.)(Company Profile): An article from: Mississippi Business Journal $5.95 This digital document is an article from Mississippi Business Journal, published by Venture Publications on May 5, 2003. The length of the article is 838 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation DetailsTi… |
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Real Estate Investment By Objective … |
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High-impact marketing: launching effective marketing campaigns doesn’t have to be a long-shot. Here are ways to make it more of a safe bet than you … Story): An article from: Mortgage Banking $5.95 This digital document is an article from Mortgage Banking, published by Mortgage Bankers Association of America on May 1, 2005. The length of the article is 2655 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web browser.Citation D… |