As organizations begin to develop more nuanced sustainability programs that require the involvement of key stakeholders, such as tenants and employees, the challenge of how to engage these groups becomes more relevant. Whether implementing a short-term initiative, an event at a building, or a more comprehensive program across the entire organization, engaging stakeholders can help identify and prioritize opportunities, develop solutions, mitigate risks and create value. [Read more…]
Back in the mists of time when GRESB was a spreadsheet-based survey, the idea of full consumption data was proposed. Imagine the screams as the suggestion was made that even single tenant, or FRI leaseholders might, one day, give their private consumption data to their Landlord. It assumed, to start with, that the Tenant even knew who their Landlord was and how to contact them (or vice versa).
The doctrine of marginal gains, the simple idea that the way to outperform in sport is to target small incremental improvements, is now taking the business world by storm.
Dave Brailsford, the performance director of British Cycling, has demonstrated that by making a 1% improvement in a whole host of areas, the cumulative gains end up being hugely significant. For British Cycling this was measured in gold medals won (6 at the Rio de Janeiro Olympic Games).
But can this doctrine be applied to the property industry, and specifically to the landlord and tenant relationship?
Purpose of the project:
British Land’s 30-year involvement at Regent’s Place in London’s West End has seen the campus double in size, providing accommodation and amenities for around 15,000 workers and residents, as well as the local community. It is a great example of how we are able to create outstanding work environments by understanding occupiers’ needs and working closely with the local community. Its high-quality offices, well served by major transport links, are enhanced by restaurants, shops, a health club, a children’s nursery, landscaped open space, and community facilities including a theatre and art studios. [Read more…]