Portfolio Carbon Management Increase the value of your real estate with sustainable asset management
A partnership with
Challenges in Real Estate A big shift in the real estate market is looming on the horizon: the investment in Green Building has dramatically increased in recent years. Green Buildings offer tenants energy-efficient, eco-friendly and healthy office or living spaces, which is why more and more investors opt for real estate that meets this growing demand and then reap the benefits of higher rents and lower risk premiums. Along with the market demand, the importance of voluntary Green Building certification systems has grown rapidly. Additionally, governments around the world are planning the intgration of energy efficiency and sustainability into new building regulations. In order to meet market demand, asset managers require insights into the sustainability performance of complete building portfolios. The sustainability dimension needs to be part of asset management to mitigate risks and take advantage of new market opportunities.
PCM – the solution for sustainable asset management Portfolio Carbon Management (PCM) is a unique sustainable real estate solution that has been designed specifically for asset managers to measure real estate performance holistically, discover opportunities and risks and achieve portfolio sustainability targets. Developed jointly by Drees & Sommer and PE INTERNATIONAL, PCM integrates on-site consulting from Green Building experts with a powerful software solution for real estate portfolio benchmarking and analysis. PCM features: • Highly accurate performance tracking • Advanced benchmarking for real estate portfolios • Green Building key performance indicators (KPIs) • Advanced analytics for the complete portfolio • Direct integration of building due diligence with cost and ROI information • Target monitoring and performance forecasting • Full audit trail functionality for external reporting • Clear workflow and role management
Sustainable real estate investors can operate profitably even in times of financial constraints and they may be better placed in future-proofing their assets than their less forward-thinking peers.« ursula hartenberger, global head of sustainability at rics
Survey: Investment in sustainability How important is Sustainability as a major part of the investment strategy for real estate business?
0 %
Importance
100 %
Sustainability is part of our investment strategy
65
Our company will substantially increase investment in sustainable real estate in the future
65
Sustainability is a must for the future competitiveness of our company
56
There is already a broad demand from users for space in Green Buildings
35
Source: Union Investment Real Estate (2010): »Immobilieninvestments in Europa« (Follow-up study)
Create value on multiple levels Value of Buildings Profitability Risk Management Tenant Retention Occupancy Higher Rent Legal Compliance Responsible Management Certification Readiness Energy Efficiency GHG Emissions Operating Cost
Value
Attractiveness Compliance & Reporting Performance
Business benefits of PCM Increased energy efficiency
Sustainable asset management
PCM is the solution to identify and implement measures for improved energy efficiency in your buildings. PCM can discover significant energy savings. On average, the buildings in the PCM database have a savings potential of around 20 %.
Broaden your portfolio strategy through the integration of sustainability KPIs, identify underperformers and mitigate threats through a large set of global benchmarking functionalities in PCM.
Proactive compliance PCM supports proactive compliance with existing and pending legislation for energy efficiency in buildings and voluntary Green Building certifications such as BREEAM, DGNB, Energy Star and LEED. PCM also provides a fully auditable trail of documentation for external reporting.
The PE software solution is the main tool for controlling our environmental programme, and it supports us in defining sustainability objectives and monitoring our progress. The integrated solutions of PE INTERNATIONAL help us to create both ecological and business value.«
Enhanced building attractiveness Research* has proven rental premiums of 3.5 % on green office properties and a 6 % increase in occupancy for Green Buildings. PCM enables active management of the attractiveness of your buildings, supporting higher rents and occupancy rates. Elevate portfolio value PCM sustains and enhances the long-term value of your real estate portfolio. Building price premiums of up to 30 %* can be achieved with PCM through building optimisation and support of Green Building certifications. * Fuerst/McAllister/Smith (2010): Eco-Labeling, Rents, Sales Prices and Occupancy Rates
dr. wolfgang steiniger, head of innovation, complaint and environmental management at dekabank
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The PCM approach Measure Performance
Discover Opportunities
Achieve Targets
• On-site inspections/Carbon Due Diligence by building experts
• External and internal Benchmarking functionalities
• Supporting in strategy development
• Automated data import through interfaces
• Automated KPI calculation
• Audit-proof, user friendly data collection
• Extensive reporting functionalities
• Integrated Emission Factor Library
• Action management features (Prioritization of improvement measures, GHG abatement cost curves) • Target setting and forecasting • Benchmark and Best Practice content provide support for decision making
PE INTERNATIONAL operates 20 sites worldwide. Get in touch with your local contact: pcm@pe-international.com PE INTERNATIONAL AG Hauptstraße 111-113 70771 Leinfelden-Echterdingen Germany Phone +49 711 341817-0 Fax +49 711 341817-25 pcm@pe-international.com www.pe-international.com
About PE INTERNATIONAL – Experts in Sustainability PE INTERNATIONAL is a leading provider of sustainability management software and expert consulting services. For more than 20 years, PE’s enterprise sustainability solutions have enabled businesses to understand their impact on the environment, improve company performance and succeed in the market place. PE INTERNATIONAL has 20 offices across the globe and more than 1,500 customers.
Many companies in the financial and service industry are already improving the environmental performance of buildings with PE INTERNATIONAL solutions. Selected references:
Partnership of PE INTERNATIONAL with Drees & Sommer Together, PE INTERNATIONAL and Drees & Sommer form a perfect synthesis of expert knowledge in real estate and professional sustainability software. The partnership offering combines carbon due diligence, Green Building ratings and key performance indicator development with a longstanding domain expertise in carbon and energy management as well as reporting.
May 2011
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