TH Real Estate has announced its ambition to cut the energy intensity of its portfolio by 30% by 2030. Based on its 2015 baseline, the affiliate of Nuveen commits to improving the sustainability of its 134 million square foot portfolio worth $68 billion in global equity. Energy Intensity is the
TP Bennett is the leading architecture and design practice with offices in London’s Bankside Quarter and Manchester’s Northern Quarter. They also have affiliate offices in more than 20 countries. The architecture firm has appointed two new directors. The directors, Kevin Bell and Daniel Dominguez are also joined by a new
TH Real Estate has announced its ambition to cut the energy intensity of its portfolio by 30% by 2030. Based on its 2015 baseline, the affiliate of Nuveen commits to improving the sustainability of its 134 million square foot portfolio worth $68 billion in global equity. Energy Intensity is the assets use of kilowatts per hour, per square foot. Therefore reducing this rating will reduce the amount of energy TH Real Estate’s portfolio uses. This will in turn lower the amount of pollution created by the company. This announcement is an advancement on the company’s previous efforts to increase sustainability and to reduce the risk as well as the impact of climate change. This new announcement comes after the Paris Conference of Parties in September 2015. The 21st annual Conference set ambitious goals for more sustainable real estate. Real estate is estimated to be responsible for 40% of the world’s carbon emissions. Examples for emissions being so high includes fuel usage, for boilers etc., and also electricity and other energy sources. In order to reduce carbon emissions it if vital to start using energy more efficiently. Reducing the amount of energy used I a household will also reduce bills for the consumer, so there are several advantages to TH Real Estate’s plans. TH Real Estate is one of the world’s largest institutional real estate investors. The company has almost 900 office, retail, residential and industrial assets worldwide. Therefore, employing these sustainability measures could make a massive difference to the environment. This could also lead to positive results for the economy as well as benefits for individual tenants. TH Real Estate has a ‘Tomorrow’s World’ philosophy which actively seeks to improve the sustainability of the company. This allows the company to keep preparing for the future, as well as increasing the value of their assets fo their clients by investing in more sustainable products.
TP Bennett is the leading architecture and design practice with offices in London’s Bankside Quarter and Manchester’s Northern Quarter. They also have affiliate offices in more than 20 countries. The architecture firm has appointed two new directors. The directors, Kevin Bell and Daniel Dominguez are also joined by a new consultant, John McIntyre. The new appointees join from the custodial sector of Capita Property and Infrastructure Architectural team. It is thought that the new directors will be able to support the practice when further improving its expertise. TP Bennet’s have elected new appointments in order to expand the firm’s sector knowledge. The architectural firm already has experience dealing with residential, Health, education, and security as well as public sector and hospitality. The two directors Bell and Dominguez and McIntyre the consultant have worked together for over 18 years on a variety of projects in a slightly different sector to TP Bennet’s main focus. This experience is in prisons, rehabilitation facilities, courts, police stations and immigration centers. The mixture of experience will come together to provide even more support to TP Bennet’s already strong portfolio of social architecture. Kevin Bell and Daniel Dominguez were leaders in the designing of the Justice Design sector located at Capita. The two new directors will be bringing a combined experience amounting to over 40 years. During this time the pair have successfully been able to deliver projects working with the Ministry of Justice and the private sector. John McIntyre was formerly he director of the Capita team. McIntyre joins TP Bennet as a consultant alongside Bell and Dominguez. This team aim to work together in order to create prison spaces that are educational and engaging in order to increase the chances of rehabilitation. TP Bennet share the same principles as the new appointees and look forward to expanding their expertise and pool of clients.