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Scope 1 emissions are direct GHG emissions generated by sources that are owned or controlled by a company. In the case of real estate, scope 1 emissions can be generated by on-site combustion of fossil fuels, such as natural gas for heating or diesel for backup generators.
Scope 2 emissions are indirect GHG emissions generated by the production of purchased electricity, heat, or steam consumed by a company. In the case of real estate, scope 2 emissions can be generated by the consumption of grid electricity, district heating or cooling, or on-site generated electricity from non-renewable sources.
Scope 3 emissions are indirect GHG emissions generated by sources not owned or controlled by a company but related to its activities. In the case of real estate, scope 3 emissions can be generated by upstream emissions associated with the production and transportation of materials and equipment used in building construction and operation, downstream emissions associated with waste disposal, tenant transportation, and commuting, as well as emissions from leased assets.
Access that is locked and permitted access is granted by keypad, phone/video, or buzzer
Conducts in-depth analysis related to asset valuation, analysis of lease transactions, capital spending, third-party appraisals, development, acquisitions and dispositions
Directs asset management responsibilities for a diverse portfolio of properties
Identified growth opportunities and recommends value-maximizing and risk mitigation strategies within a portfolio
Handles more challenging administrative tasks, including budget preparations, and supervise and trains other property administrators.
Manages a large property or portfolio and oversees large operating and capital budgets.
Debt that will come due within one year
Site Energy is the annual amount of all the energy your property consumes onsite, as reported on your utility bills. Use Site Energy to understand how the energy use for an individual property has changed over time.
A building that uses automated processes to automatically control the building’s operations – including heating, ventilation, air conditioning, lighting, security and other systems.
The portion of an equity investment other than the actual cost of the improvement themselves (i.e. architectural and engineering fees, commissions, etc.) and which may be tax-deductible in the first year.
The fraction of solar energy that is reflected by a surface on a scale of 0 to 1. Black paint has a solar reflectance of 0; while white paint has a solar reflectance of 1
The Solar Reflectance Index (SRI) is a measure of a surface’s ability to reject solar heat. An SRI of 0 is usually attributed to black surfaces that absorb high amounts of solar heat, whereas an SRI of 100 is usually attributed to white surfaces that reject solar heat.
Source Energy Use is the total amount of raw fuel that is required to operate your property. In addition to what the property consumes on-site, source energy includes losses that take place during generation, transmission, and distribution of the energy, thereby enabling a complete assessment of energy consumption resulting from building operations
Anyone who may be affected by a decision. Someone who has a stake in the outcome of a decision involving land or real estate property.
Centre similar to a regional mall, but larger in size (GLA over 800,000 square feet), and with a more extensive offering of anchors and/or destination retailers. Super-regional malls are often situated on mass transit lines (e.g. subway, LRT, bus) and along major highway corridors.