Courtesy of Kilroy Realty. Photo by Lawrence Anderson Studio.
We set out to determine the impact of COVID-19 on demand for healthy buildings and what implications the sector’s response might have for future real estate investment decisions. This report captures the insights of an international sampling of real estate investors representing USD $5.75 trillion total AUM.
Real estate investors expect demand for healthy buildings to grow in the next three years, a compelling signal and just one of many findings captured in A New Investor Consensus: The Rising Demand for Healthy Buildings—the largest health and wellness study of global real estate investment managers ever conducted.
Coordinated by BentallGreenOak (BGO), the United Nations Environment Programme Finance Initiative (UNEP FI) and the Center for Active Design (CfAD), the study defines healthy buildings as those optimized for occupant health and safety through a mix of siting, design and operational strategies that measurably improve physical, social and mental health indicators.
The report reveals how COVID-19 has elevated the importance of health in investment decision-making and how respondents intend to enhance their wellness-related asset management strategies in the coming year. It also outlines three major recommendations for how the sector might better incorporate health and wellness initiatives into its ESG strategies.
About the Center for Active Design and Fitwel The Center for Active Design (CfAD) is a global non-profit organization using design to foster healthy and engaged communities. In 2017, the U.S. Centers for Disease Control and Prevention (CDC) and U.S. General Services Administration selected CfAD to serve as the exclusive licensed operator of Fitwel, a rigorous, third-party healthy building certification system that sets the industry standard for evidence-based strategies promoting positive health outcomes for occupants and communities.
About UNEP FI United Nations Environment Programme Finance Initiative (UNEP FI) is a partnership between UNEP and the global financial sector to mobilize private sector finance for sustainable development.
About BentallGreenOak BentallGreenOak is a leading, global real estate investment management advisor and a globally-recognized provider of real estate services.
