Ottawa Green Real Estate

OTTAWA GREEN

REAL ESTATE

Buildings in the United States and

Canada represent about one-third

of primary energy use and carbon

dioxide emissions.

LEED®

Leadership in Energy in Environmental Design

– 3rd party verification system

– Program and benchmark for design, construction and operation of high

performance green buildings

LEED is the international standard for green building.

– Used in over 100 countries

– Worldwide tool for the design, construction, and operations of high-

performance, sustainable buildings.

LEED in Canada

– Administered by the Canada Green Building Council,

– National non-profit organization founded Dec 2002, based in Ottawa

LEED Rating System

New Construction & Major Renovations (NC)

– Commercial, institutional, retail, +3 storey multi-res

Core & Shell (CS)

– New build, applies to building envelop & major mechanical

systems

Commercial Interiors (CI)

– Tenant fit-ups

Existing Buildings: Operations & Maintenance (EB:OM)

– Post construction

Homes

Neighbourhood Developments

As of September 2009, the Canada Green Building Council (CaGBC) had certified 119 buildings under the LEED rating system and had an additional 1,416 buildings seeking certification.

BOMA BESt

BOMA Building Environmental Standards

– Nationally recognized standard

– Next evolution of the BOMA Go Green Plus

– Rolled out in 2005

– Covers

• Office

• Closed Shopping Centres

• Open Air Retail

• Light Industrial

4 BESt Levels

More than 450 office buildings and 132 million square feet have achieved levels 2, 3 and 4.

What is Out there?

LEED Registered Projects in Ottawa: (43)

• New Construction (NC) 32

• Core & Shell (CS) 2

• Commercial Interiors (CI) 9

• Existing Buildings (EB) Launched June 2009

BOMA BESt in Ottawa: (68)

• Level 4: 1

• Level 3: 14

• Level 2: 30

• Level 1: 23

Green Attributes

What gets your “Green Points” when marketing your property?– Alternative Transportation

• Bike Racks

• Proximity to public transit

– Energy Efficiencies• Variable speed drive motors

• Lighting; lamping, individual controls

– Indoor Environmental Quality• Thermal controls

• Green Seal/Green Label Paint & Carpet

– Recycling Program

In Canada, buildingsare responsible for

25% of landfillwaste.

Why Go Green:

The Landlord Perspective

More and more tenants view sustainability as a

determining factor in property decisions

– 89% of CRE executives consider sustainability criteria

in their location decisions (a 2009 CoreNet Global and Jones Lang LaSalle)

Green Certified Buildings gaining competitive

advantage

– 3.8% higher occupancy rate (CoStar)

– 3%-6% rental premium psf (Fuerst & McAllister, Eichholtz and UC Berkeley)

Your largest tenant wants GREEN BUILDINGS!

What it comes down to…

Net RentTenant RenewalFuture Proofing IRR

Operating CostsFinancing ProblemsTenant Complaints Vacancy

Aligning Green Tenants with Green Buildings

Aligning Green Buildings with Green Tenants

We need to know about your Green initiatives

Cushman & Wakefield Ottawa’s Green Real Estate Practice Group works with organizations who have

made a commitment to sustainable business operations. We assist them in navigating Ottawa’s commercial

real estate landscape to find workplace solutions that align with their environmental commitments and

contribute to sustainable bottom lines.

Our team provides corporate tenants and building owners with the expertise to understand and evaluate

the benefits and cost savings of buildings designed with sustainable high performance design features.

Our value proposition is our ability to assist organizations in matching real estate solutions to their quest

to go green.