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Allianz Real Estate Joins the Urban Land Institute’s Greenprint Center for Building Performance
December 11, 2019
For more information, contact Justin Arnold, 202-448-8717, [email protected]
WASHINGTON (December 10, 2019) – Allianz Real Estate, the investment and asset manager for real estate within the Allianz Group, has joined the Urban Land Institute’s Greenprint Center for Building Performance (Greenprint). Greenprint is a worldwide alliance of the foremost real estate owners, investors and financial institutions committed to improving the environmental performance of the global real estate industry, with a particular emphasis on reducing energy consumption and carbon emissions.
Allianz Real Estate develops and executes tailored investment strategies for the Allianz Group, focusing on direct and indirect equity globally and commercial real estate loans in Europe and the U.S. Allianz Real Estate has €67.1bn (US $74.3bn) of assets under management, making it the world’s largest real estate investor.
“Allianz Real Estate is fully engaged towards fulfilling its goal of decarbonizing by 2050 and committed to constantly improve its sustainability efforts. ULI’s Greenprint is a strong platform to share best practices and initiatives with other mayor real estate actors and partners to achieve the set goal with a responsible approach,” said Dr. Raphael Mertens, Chief Risk Officer of Allianz Real Estate.
The cumulative holdings of Greenprint members total over 10,000 properties in 32 countries with a value of more than $750 billion. Greenprint members are at the forefront of efforts to reduce the carbon footprint of buildings and increase asset values by incorporating sustainability into all aspects of development and building operations. With demand rising from investors and tenants for environmentally conscious space, Greenprint members are raising the bar for high-performing, sustainable buildings.
Allianz Real Estate is joining existing Greenprint members AXA IM – Real Assets; Boston Properties; BlackRock; CalPERS; CenterPoint Properties; Clarion Partners; CommonWealth Partners; DWS; FCP; GID; GLL Real Estate Partners; Granite Properties; Heitman; The Howard Hughes Corporation; Hudson Pacific Properties; Jamestown Properties; Jones Lang LaSalle; Kilroy Realty; LaSalle Investment Management; LendLease Americas; Morgan Creek Ventures LLC; NEO; Parkway Properties; PGIM Real Estate; Prologis; Rudin Management Company, Inc.; Savanna; SL Green; Sonae Sierra; Tishman Speyer; and Zurich Alternative Asset Management.
About the ULI Greenprint Center for Building Performance
The ULI Greenprint Center’s mission is to lead the global real estate industry towards improved environmental performance, focusing on energy efficiency and reduced carbon emissions. Greenprint is a member-driven organization that achieves its goals through measurement, action and education. Through measurement, benchmarking, knowledge sharing, and the implementation of best practices, Greenprint and its members strive to reduce greenhouse gas emissions by 50 percent by 2030. Greenprint is a research center within the ULI Center for Sustainability and Economic Performance, which also oversees ULI’s Urban Resilience Program and the Building Healthy Places initiative. For additional information, visit uli.org/greenprint