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Glossary

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GENTRIFICATION 

The displacement of lower-income residents by higher-income residents in a neighbourhood. Generally occurs when an older neighbourhood is rehabilitated or revitalized.

 

GREEN LEASE

Is a lease of a commercial or public building which incorporates an agreement between landlord and tenant as to how a building is to be occupied, operate and managed in a sustainable way.

 

GREEN POWER

Green Power is a generic term for renewable energy sources and specific clean energy technologies that emit fewer GHG emissions relative to other sources of energy that supply the electric grid.

 

GREEN ROOF

Or living roof is a roof of a building that is partially or completely covered with vegetation and a growing medium, planted over a waterproofing membrane.

 

GREENFIELD DEVELOPMENT

Land not previously developed or polluted.

 

GREENHOUSE GAS (GHG) EMISSIONS

Greenhouse Gas (GHG) Emissions are the carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O) gases released into the atmosphere as a result of energy consumption at the property. GHG emissions are expressed in carbon dioxide equivalent (CO2e), a universal unit of measure that combines the quantity and global warming potential of each greenhouse gas.

 

GRESB

Global Real Estate Sustainability Benchmark. GRESB was launched in 2009 by a group of large pension funds who wanted to have access to comparable and reliable data on the ESG performance of their investments. In the intervening years, we have grown to become the leading Environmental, Social and Governance (ESG) benchmark for real estate and infrastructure investments across the world.

 

GREYWATER

Untreated waste water which has not come into contact with toilet waste. Graywater includes used water from bathtubs, showers, bathroom washbasins and water from clothes washers and laundry tubs

 

GROSS AREA

The entire floor area of a building or the total square footage of a floor.

 

GROSS LEASE

A type of commercial lease where the tenant pays a flat rental amount, and the landlord pays for all property charges regularly incurred by the ownership, including taxes, utilities, and water.

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