We are delighted to be joined by guest blog author and regular 40 Percent Symposium contributor - Prof. Dr. Sven Bienert MRICS. Professor Bienert is the Head of the Competence Centre of Sustainable Real Estate at Regensburg University. Professor Bienert will be joining us as one of our speakers at our next Symposium in Frankfurt on the 5th November, where he will join fellow panel members Mr. Ulrich Steinmetz, Managing Director at Deutsche Asset and Wealth Management, Alternatives and Real Assests as well as Wolfgang Gemünd, Vice President and Senior Client Manager at Swiss Re Corporate Solutions. Together the panel will debate the impact extreme weather has on commercial real estate, as we see the occurrence of extreme weather more and more frequently.
At the conference Professor Bienert will be outlining his conclusions from his recently researched paper regarding extreme weather and property values, a copy of which will be available to...
The 40 Percent Symposium focuses on the impact that climate change and sustainability has on the value of commercial real estate investments, occupation and the effective management of those assets. The Symposium creates a platform where best practice and experience from across Europe can be shared through our leading industry speakers and senior real estate executive delegates.
The Symposium acts as a forum for the exchange of knowledge where new ideas and environmental strategies are discussed. It provides an unparalleled opportunity to network with leading industry figures in the world of investment, corporate occupation and real estate consultancies.
At the Frankfurt 2014 Symposium which will be held on the 5th November, we will be offering a very limited number of stands in the networking room for innovative companies to demonstrate what is new in the field of sustainability and energy management. This new initiative from the Symposium will provide added value...
The conference programme for our next Symposium which will be held on the 5th November in Frankfurt is continuing to develop with some fantastic speakers confirmed to partake in the programme. In the next of our Speaker Spotlight series we are focusing on François Cantin who is the Group Director of Property, Maintenance, Purchasing and Sustainability at Unibail-Rodamco.
François co-chairs the Sustainability Group at ICSC Europe and is a member of the EPRA Sustainability Committee. François joined Unibail-Rodamco in 2002, where he has held different management positions in the technical operations for both the Retail and Office portfolio's respectively. François currently holds the position of Group Director of PMPS (Property Maintenance, Purchasing and Sustainability) at Unibail-Rodamco within the Paris HQ.
Prior to joining Unibail-Rodamco, François spent 10 years in consulting firms including 5 years in Deloitte...
Investment and Pensions Europe published an article yesterday by Stephanie Pfeifer, Chief Executive at the Institutional Investors Group on Climate Change. The focus of the article was on the risks and opportunities presented to investors by climate change.
40 Percent Symposium Founder and Managing Director John Pike comments:
"As this really focused article says the risk of climate change is not only the physical, EG rising sea levels but also sudden policy responses. These have the potential to leave “high carbon assets” , or in real estate parlance “older buildings”, stranded.
Our next Symposium in Frankfurt on November 5th concentrates on the value impact of climate change and we will hear from many real estate leaders on their responses to this in terms of their investment policy as well as the tools available to implement their strategies. We will also be looking at the emerging markets in green bonds and green investments."
You can read the full article...
Our conference programme is shaping up very well for our next Symposium on the 5th November in Frankfurt.
The 40 Percent Symposium has a well established reputation for delivering conferences at the forefront of industry thinking and attracting a very senior level audience. Delegates attending the conference also benefit from successful networking opportunities throughout the event.
We are fortunate to have the support of our high profile speakers who we will be spotlighting in the coming weeks.
Alex Edds is acting Head of Sustainability and Responsible Property Investment at TIAA Henderson Real Estate and will be joining us as one of our esteemed speakers on the 5th November in Frankfurt. Alex is responsible for TIAA Henderson Real Estate’s corporate sustainability programme and Responsible Property Investment programme.
Alex’s focus is to support the TIAA Henderson Real Estate fund and asset teams with the active management and...
Regular contributor to our LinkedIn discussion group and participant at the previous Symposiums in London and Frankfurt, Ioannis Orfanos, Director - Green Value Associates, writes about quantifying added value creation in sustainable real estate investments.
Most investors today would not develop a new commercial building in a major city without attaching some green credentials to it. Τhis proves an underlying value differential in green labeled and more energy efficient properties. However, this value differential is not evident at present as it has not appropriately quantified due to lack (so far) of reliable data.
Likewise, defining and quantifying the impact of sustainable initiatives in existing commercial real estate matters if we are to overcome the slow progress of green retrofits in current building stock. It is undeniable according also to a recent analysis report in UK that the economic factor of value creation is simultaneously...
The last few months have been a busy period in terms of planning for our second Frankfurt Symposium which will take place on the 5th November 2014. Our Managing Director and Founder John Pike discusses how the programme is shaping up and what you can expect from the Symposium throughout 2014.
Our programme for the 2014 Frankfurt 40 Percent Symposium is developing very quickly. Already confirmed are some of the most senior industry speakers from across Europe making this a truly international event, you can take a look at the programme here. We are also partnered, as last year, by the RICS, GreenRating, DGNB and GRESB. Additionally this year ZIA have agreed to support us.
We are also proud to be sponsored by Gold sponsor ES EnviroSustain, Silver sponsors IPD and DLA Piper and Bronze sponsors DIFNI and OPG.
This year we will be covering the following important and often critical aspects of sustainability in real estate:
The title statement is the conclusion of Jon Lovell, Director, Deloitte Real Estate Sustainability Services and certainly is a sentiment which is greatly supported by the discussions taking place at both our London and Frankfurt Symposia over the last three years. You can find the full blog article authored by Jon Lovell below or you can read it as originally published here.
The sustainability imperative for commercial real estate
There is no question that sustainability is now a fundamental commercial real estate concern affecting long-term value generation and short-term profitability, especially in the context of mature markets such as the United States, Western Europe, and Australia. The combined demands of occupiers, investors, and regulators are such that tangible benefits can be derived from embedding sustainability into the full investment process, with a range of property value fundamentals — rental growth, yield premiums, total occupancy costs...
The world renowned architect Ken Shuttleworth has turned his face against glass skyscrapers in a BBC article titled: “Could the era of glass skyscrapers be over”.
At the next 40 Percent Symposium in Frankfurt on 5th November 2014 we will be discussing “ Developing for the future…sustainability of design” . To be a part of this debate you can book your place now at at our exclusive Frankfurt Symposium click here.
40 Percent Symposium Founder and MD John Pike writes:
"Last year, at both our London and Frankfurt Symposia, delegates were invited to participate in a debate on including sustainability as a measure of value. In London William Newsom of Savills said that the lick of paint at reversion was no longer an option whilst James Bretten of RBS spoke of sustainability increasingly being seen as an obsolescence factor in cash flows. In Frankfurt Dr David Lorenz identified the trend from the most recent RICS guidance putting pressure on clients to supply environmental performance data to mitigate obsolescence concerns. Herman Horster of BNP Paribas talked of environmental issues being seen as a risk factor by tenants.
The RICS have now issued a guidance note which recognises that valuation is not just about historical evidence of say past rents and yields. The guidance note says “ Whilst valuers should reflect markets not lead them, they should be aware of sustainability features and the...