QuadReal's Healthy Headquarters: Embodying a Culture of Well-being and Community

Best in Building HealthHealthy Building ProfilesStrategies & Solutions

May 31

Written By Guest User

QuadReal Head Office at Park Place | Image Courtesy of QuadReal Property Group — **QuadReal Head Office at Park Place**
Vancouver, Canada | Image Courtesy of QuadReal Property Group

AT A GLANCE

QuadReal Head Office
Park Place, Vancouver, Canada

+ Highest Scoring Project
Commercial Interior Space v2.1 (Built)

Located in Vancouver's Park Place, QuadReal Property Group’s Head Office goes beyond being just a workplace. It exemplifies the company’s strong commitment to optimizing built environments for people's health and well-being. Continuing its Best in Building Health awards winning streak, QuadReal achieved the Highest Scoring Commercial Interior Space v2.1 (Built) award this year for their Park Place Head Office. It’s clear that the QuadReal team isn't just setting a new standard for workplace environments; they're redefining it.

QuadReal’s National Manager, Wellness & Healthy Buildings, Meirav Even-Har, sheds light on the winning project and what it means for QuadReal’s strategy, their employees, and the community at large.

Tell us about the winning project.
ME: Our head office in Park Place holds a two-star Fitwel Certification and is due for its third recertification since we first certified in 2018. As one of the pioneering Canadian buildings achieving Fitwel Certification, it reflects our commitment to workplace health and well-being across our broader portfolio.

Meirav Even-Har, QuadReal Property Group — **Meirav Even-Har**
National Manager, Wellness & Healthy Buildings, QuadReal Property Group

How does Fitwel align with QuadReal’s mission?
ME: Fitwel aligns with QuadReal’s mission to create living and working environments that enhance the lives of the people and communities we serve by promoting healthy environments across the properties we own and manage, as well in our own workplaces for employee well-being. Fitwel’s evidence-based strategies help standardize best practices, ensuring consistency across our portfolio.

What are some of the most important and favored Fitwel strategies?
ME: The outdoor areas reflect Vancouver's lush greenery, including shaded spots and a beautiful lobby water feature. The tenant lounge, open to the public, offers a welcoming space for relaxation and dining, while the fitness center promotes physical well-being. These elements embody QuadReal's culture, emphasizing access to healthy amenities and fostering community. In representing our familial ethos, the attention to detail and care provided by our office services team shines through. From fresh fruit deliveries to vibrant artwork, they create an environment where employees feel nourished and uplifted. Internal Culture Committees organize community activities which further reinforce this sense of belonging, making our office a place where people thrive.

Why did QuadReal pursue certification for its own workplace?
ME: We understand the importance of the office environment in fostering social connections and productivity, especially in today's hybrid work landscape. By aligning our efforts with Fitwel and encouraging our tenants to do the same, we're creating healthier and more vibrant workplaces for everyone involved. The office environment offers unique opportunities for social interaction, collaboration, and a sense of community that can't be fully replicated in a remote setting. Research shows that face-to-face interactions can reduce stress and enhance overall well-being. By aligning our buildings with the Fitwel Standard, we're not only ensuring healthier spaces but also promoting the importance of workplace well-being to our tenants. We hope that by sharing our success story, other tenants will be inspired to prioritize health and wellness in their own workplaces.

A Vital Partner in Building Health
We’ve been privileged to collaborate with QuadReal not just as a Technical Advisory Board Member and a Fitwel Champion Company, but also as a partner in our investigation into the link between health and value. The process followed by QuadReal and the Center for Active Design in Health Drives Value in 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.

Learn more about the QuadReal case study and insightful results in Building Health Issue #2, Expanding the Evidence.

A New Era of Innovation & Transformation
As the launch of Fitwel's v3 Standard approaches, forward-thinking companies such as QuadReal continue to benchmark their buildings portfolio-wide. This proactive approach enables them to seamlessly integrate the latest insights and standards into their investment strategies. Launching on June 4th, our v3 Standard will continue to empower industry leaders to unlock data-driven insights, positioning them to swiftly adapt to evolving demands from individuals, investors, and the dynamic market landscape. To learn more and for a complete look at v3 FAQs, visit our Help Center.

About QuadReal Property Group
QuadReal is a global real estate investment, operating and development company headquartered in Vancouver, British Columbia. Its assets under management are $73.8 billion. From its foundation in Canada as a full-service real estate operating company, QuadReal has expanded its capabilities to invest in equity and debt in both the public and private markets. QuadReal invests directly via programmatic partnerships and through operating platforms in which it holds an ownership interest. QuadReal seeks to deliver strong investment returns while creating sustainable environments that bring value to the people and communities it serves. Now and for generations to come. quadreal.com

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QuadReal's Healthy Headquarters: Embodying a Culture of Well-being and Community

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