Creating Real Estate’s New Blueprint: Fitwel in Asia for PERE’s 2023 Summit

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Feb 19

The Future of Buildings Already Exists: How Do You Stack Up?

Joanna Frank, President and CEO of the Center for Active Design, the sole operator of Fitwel, will deliver the keynote address at PERE's 2023 Asia Summit on February 21, 2023, where the world's most influential institutional investors and real estate fund managers will convene to design the blueprint for the built environment's future. In her presentation, "The Future of Buildings Already Exists: How Do You Stack Up?" she will talk about the financial links between demand and value in the past and why the "S" in ESG is an untapped opportunity to create value. She will also announce the latest product offering from Fitwel as we continue to evolve and expand into a comprehensive data insights platform for the industry.

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Growing Demand for Healthy Buildings in Asia

The healthy building movement has come a long way since the founding of the Center for Active Design ten years ago and has accelerated considerably due to the COVID-19 pandemic. In those ten years, the Fitwel Standard has been shown to be scalable, globally relevant, inclusive, and adaptable to a wide range of property types and locations, including Asia. Since Fitwel was first introduced to Asia in 2018, the number of certifications in the region has grown steadily, thanks to an ever-growing group of Champions, Providers, Partners, and Ambassadors who are leading the global healthy building movement.

To date, there are more than 210 Fitwel Ambassadors representing 12 countries across the Asian continent, including Chia Ming Huang, the Founder of Green Matrix Consulting Company, who introduced Fitwel to the Taiwan market and will be in attendance at this year’s PERE Asia Summit. There are also 44 Fitwel-certified healthy buildings across Asia and a growing number of local partners and resources that we’ve rounded up below.

Fitwel in Asia: Ambassadors and Certified Projects

One East (Shanghai) and iCity (Zhuhai)
UL Solutions collaborated with CBRE and Brookfield Properties (both Fitwel Champions) to certify One East, a 115,000 m2 Grade A, mixed-use commercial building in the center of Shanghai that became the first building to achieve a 3-Star Fitwel Rating in Greater China in 2020. Most recently, UL led the certification of their client, Shenzhen LVDA Technology Co., to certify iCity in Zhuhai, China.

UL Solutions and Green Matrix Consulting
Last year, UL Solutions and Green Matrix Consulting were recognized as part of project teams that won several Fitwel Best in Building Health Awards for the following categories and projects:

Single-Tenant v2.1 (Design): Sun Chlorella Corporation / Green Matrix Consulting Company, UL | Hotel Sun Chlorella, Kyoto, Japan
Retail v2.1 (Built): TaiMall Shopping Center / Green Matrix Consulting Company, UL | TaiMall Shopping Center, Taoyuan, Taiwan
Multifamily Residential v2.1 (Design): Herzu Develop Co., Herjing Construction Co. / Green Matrix Consulting Company, UL | Herjing Gulf Villa Multifamily, New Taipei City, Taiwan

Fitwel recently hosted UL Solutions for a Q&A on their strategy and approach to healthy building certification.

Lenovo DCG Taipei Design Center
Taiwan's first office building to earn a 2-Star Fitwel Rating through a unified effort by UL Solutions, Green Matrix Consulting Co., and Lenovo Corporate Real Estate.

Hon Hai Group
Headquarters in New Taipei City, Taiwan received a 3-Star Fitwel Rating through the collaboration of Green Matrix Consulting, UL Solutions, and the Hon Hai Group.

M Moser Associates
A workplace design company at the forefront of health and wellness in the workplace, M Moser Associates received a 3-Star Fitwel Rating for their office space in Hong Kong and received Fitwel’s Best in Building Health Award in 2022. M Moser Associates also received a Fitwel 2022 Best in Building Health Leadership Award for Citi Tower, One Bay East (OBE) in Hong Kong.

Proud City Otsukyo
A multifamily residential property in Otsu, Japan led by Nomura Real Estate Development and Nikkensekkei Total Research Institute, received Fitwel Certification in October 2021.

Novo Land
A new property in Tuen Mun, Hong Kong led by Sun Hung Kai Properties is the first residential development project in Hong Kong to have won three international health certifications at the same time, including a 2-Star Fitwel Rating in April 2022.

The Stock Exchange of Thailand
This building became the first project to achieve Fitwel Certification in Asia, earning a 3-Star Fitwel Rating (Built Certification) in 2020 led by Fitwel Ambassadors at SCG Building & Living Care Consulting. Since then, SET has received multiple Best in Building Health Awards, obtained certification for Fitwel’s Viral Response Module, and achieved a 3-Star Rating upon recertification in 2022.

Notable Fitwel Ambassadors in Asia include:

Chia Ming Huang, Founder of Green Matrix Consulting Company in Taiwan
Sharon Koh, Vice President at GIC in Singapore
Astee Lim, Sustainability Manager at Jones Lang Lasalle in Singapore
Yik Chun Chan, Environmental Engineer at Hip Hing Engineering Co. Ltd. in Hong Kong