The Value of Benchmarking | Establishing ‘Good, Better, Best’

In part two of our Buildng Health series, we dive into the evidence-based link between health and value and the importance of benchmarking. Here’s a preview of one of the case studies included in Building Health Issue #2, Expanding the Evidence.

How does your portfolio stack up?

As investors continue to emphasize the importance of health, leading organizations including Lendlease, Clarion, and QuadReal are benchmarking their portfolios using the Fitwel Standard to transform data and ESG metrics into tangible findings. These insights drive analysis of how health-promoting strategies impact factors such as financial returns and tenant satisfaction, informing future investments and future-proofing against potential risk.

Image Courtesy of QuadReal Property Group

Fitwel® ★ ★
Commerce Court, Toronto, Canada | Image Courtesy of QuadReal

QuadReal Property Group, a Vancouver, British Columbia-based real estate company with over $73.8 billion (CAD) in AUM and a portfolio spanning 25 global cities, is committed to addressing health and well-being in its built environments and providing healthy places that support its communities. QuadReal realized the opportunity for market differentiation, impressed by Fitwel’s research and evidence-based approach.

Nisha Agrawal, Director of Sustainability, QuadReal

Nisha Agrawal Director of Sustainability, QuadReal

“It looked like something that could be a differentiator for us, so we connected to see what it was about,” said Nisha Agrawal, Director of Sustainability for QuadReal. “That led to us doing a pilot program so we could get a sense of the strategies. We started with a few office buildings and expanded from there.” By utilizing Fitwel Strategies, QuadReal implemented a benchmarking process across its Canadian-based portfolio to identify areas to enhance health and well-being in its residential developments and office properties.

The process followed by QuadReal and the Center for Active Design in Health Drives Value for Real Estate illustrates the power of benchmarking a portfolio using the Fitwel Standard as the key next step, providing a clear gap analysis and a recipe for future investments.

Download our latest Building Health issue and discover QuadReal's compelling findings. By signing up, you'll receive exclusive updates and priority access to future Building Health issues.


Previous
Previous

Champion Spotlight: How Moda Living is Leading a Healthier Next Generation in the UK

Next
Next

Insights from MIPIM 2024: Meeting Global Demand with Data-Driven Value