The Changing Face of Responsible Corporate Real Estate
2007-08-15 · Research and Statistics
“Net revenue and capital growth have successfully driven investment real estate’s performance evaluation for hundreds of years. Is all of this going to change as Corporate Social Responsibility (CSR) programmes change the proven economic formula of ‘highest and best use’ in real estate to now include social and environmental requirements?” asks ResearchWorldwide.com – The Worldwide Commercial Real Estate Information Portal.
Global real estate market leader, Jones Lang LaSalle, has produced a thought provoking research report “People, Planet, Profit : Property” investigating the changing perception of triple bottom line corporate reporting of economic, social and environmental issues and its impact on real estate in Asia Pacific.
ResearchWorldwide.com, who analyse and collate over 500 commercial real estate research reports each month, have voted this report its Top Report for August 2007.
“Over time, corporate real estate providers will have to bow to adjusting, designing and redesigning their commercial space to ensure it also complies with environmental and socially acceptable guidelines.
Ultimately, employees, customers/clients, suppliers and investors will vote with their feet, and money, determining the success of Corporates’ real estate portfolios,” says ResearchWorldwide.com.
“For over 30 years we have stood for sharing knowledge to enhance responsible real estate investment worldwide. We applaud Jones Lang LaSalle for their latest report in this regard” says ResearchWorldwide.com
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