The race to net-zero carbon is challenging the global commercial real estate (CRE) market. Banks, the broader investment community, tenants, and all CRE stakeholders now demand sustainable building practices. The valuation of building stocks and investment strategies is increasingly tied to sustainability, wellness, and resilience. To reduce risk and avoid compromising future profitability, a path must be set to decarbonize existing building assets.

This paper offers a recommended 6-initiative methodology that CRE teams can use to analyze and prioritize brownfield modernization projects across large asset portfolios to achieve maximum payback with minimal disruption to occupants. These recommendations are based on the successful collaboration between Brookfield Asset Management, WSP, and Schneider Electric on a modernization plan for portfolio decarbonization that encompasses a variety of property types within a European asset fund.

Download the White Paper to learn more.