Real Estate &
Sustainability

Building a better tomorrow by capturing the green premium
Esg Mother Son

Investing in
our future

Our primary objective in all of our activities is to deliver superior investment results for clients. We believe that environmental, social and governance best practices enhance the performance of our clients’ investments.

  • Logo Gresb

    JLL Income Property Trust was the first NAV REIT to submit to GRESB in 2018 – Increased its overall score and achieved a 3-Star GRESB Rating in 2019, evidencing the fund’s commitment to implementing ESG best practices.

  • Logo Un Pri

    LaSalle has achieved an A+ in Strategy & Governance in its annual PRI submission since 2016. In 2019, LaSalle achieved an A+ in the Property module, demonstrating success in implementing ESG investment practices as a firm.

Asset Level Integration

Operations & Management

Improving operational efficiencies is a core tenet of JLL Income Property Trust. Energy & sustainability initiatives include:

  • Green Guide Implementation
  • Environmental Metrics Benchmarking
  • Energy Procurement
  • Low & No Cost Improvements

Green Certifications

JLL Income Property Trust pursues sustainability certifications at all eligible assets where they are accretive to asset performance. Certifications include:

  • LEED for Sustainability
  • ENERGY STAR for Energy Efficiency
  • Fitwel for Health & Wellness

Tenants

Tenants account for over 50% of a building’s environmental footprint. JLL Income Property Trust works with tenants on:

  • Green Leasing
  • Engagement Programs
  • Efficient Buildouts & Tenant Improvements
  • Community Well-Being

Capital Upgrades

JLL Income Property Trust invests in its assets to improve efficiency through:

  • Building Systems Retrofits (i.e. BMS, HVAC)
  • Renewable Energy & Clean Technology (i.e. Solar, Battery Storage)
  • Smart Building Enablement / LED Lighting Upgrades

Case Studies

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Case Study Jory Trail New
multi-family

Jory Trail at the Grove

Amenity-rich garden style asset, including free fitness center and access to walking trail & green space

ENERGY STAR appliances added to upgrades

Eco-Conscious tenants

Case Study Pioneer Tower
office

Pioneer Tower

Unparalleled mixed-use urban environment with direct access to Pioneer Place, Portland’s #1 shopping destination

Achieved 10% annual energy reduction since acquisition

Convenient access to public transportation and pedestrian walkway

Case Study Pinole Point
industrial

Pinole Point Distribution Center

Engaged tenants Williams-Sonoma and Amazon to monitor energy consumption.

Achieved ENERGY STAR certification for both buildings demonstrating energy efficiency.

Investors must Analyze, Price and Bring Environmental Factors into the risk-return evaluation of each asset.

LaSalle estimates that buildings with strong green credentials are worth 12-14% more than non-green buildings.

Analyze

Environmental Factors will drive long-term occupier & investor demand

Price

Expected returns for green and non-green buildings will diverge

Manage

Active management can capture the green premium

Timeline of ESG at LaSalle

United Nations Sustainable Development Goals

JLL Income Property Trust prioritizes actions and interventions where we have the greatest potential to make positive contribution and mitigate negative impacts.
Sustainable Development Goals
Good Health
Affordable Energy
Economic Growth
Sustainable Cities
Responsible Consuption
Climate Action

Summary of Risk Factors

You should read the prospectus carefully for a description of the risks associated with an investment in JLL Income Property Trust. Some of these risks include but are not limited to the following:

  • Since there is no public trading market for shares of our common  stock, repurchases of shares by us after a one-year minimum  holding period will likely be the only way to dispose of your  shares. After a required one-year holding period, JLLIPT limits the amount of shares that may be repurchased under our repurchase plan to approximately 5% of our net asset value (NAV) per quarter and 20% of our NAV per annum. Because our assets will consist primarily of properties that generally cannot be readily liquidated, JLLIPT may not have sufficient liquid resources to satisfy repurchase requests. Further, our board of directors may modify or suspend our repurchase plan if it deems such action to be in the best interest of our stockholders. As a result, our shares have limited liquidity and at times may be illiquid.
  • The purchase and redemption price for shares of our common stock will be based on the NAV of each class of common stock and will not be based on any public trading market. Because valuation of properties is inherently subjective, our NAV may not accurately reflect the actual price at which our assets could be liquidated on any given day.
    JLLIPT is dependent on our advisor to conduct our operations. JLLIPT will pay substantial fees to our advisor, which increases your risk of loss. JLLIPT has a history of operating losses and cannot assure you that JLLIPT will achieve profitability. Our advisor will face conflicts of interest as a result of, among other things, time constraints, allocation of investment opportunities, and the fact that the fees it will receive for services rendered to us will be based on our NAV, which it is responsible for   calculating.
  • The amount of distributions JLLIPT makes is uncertain and there is no assurance that future distributions will be made. JLLIPT may pay distributions from sources other than cash f low from operations, including, without limitation, the sale of assets, borrowings, or offering proceeds. Our use of leverage increases the risk of your investment. If JLLIPT fails to maintain our status as a REIT, and no relief provisions apply, JLLIPT would be subject to serious adverse tax consequences that would cause a significant reduction in our cash available for distribution to our stockholders and potentially have a negative impact on our NAV.
  • While JLLIPT’s investment strategy is to invest in stabilized commercial real estate properties diversified by sector with a focus on providing current income to investors, an investment in JLLIPT is not an investment in fixed income. Fixed income has material differences from an investment in a non-traded REIT, including those related to vehicle structure, investment objectives and restrictions, risks, fluctuation of principal, safety, guarantees or insurance, fees and expenses, liquidity and tax treatment.
  • Investing in commercial real estate assets involves certain risks, including but not limited to: tenants’ inability to pay rent; increases in interest rates and lack of availability of financing; tenant turnover and vacancies; and changes in supply of or demand for similar properties in a given market.
  • You should carefully review the “Risk Factors” section of our prospectus for a discussion of the risks and uncertainties that we believe are material to our business, operating results, prospects and financial condition. Except as otherwise required by federal securities laws, we do not undertake to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
  • This sales material must be read in conjunction with the prospectus in order to fully understand all the implications and risks of the offering of securities to which it relates. This sales material is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the prospectus.
  • Investors could lose all or a substantial amount of their investment. Alternative investments are suitable only for eligible, long-term investors who are willing to forgo liquidity and put capital at risk for an indefinite period of time.
  • This material is not to be reproduced or distributed to any other persons (other than professional advisors of the investors or prospective investors, as applicable, receiving this material) and is intended solely for the use of the persons to whom it has been delivered. 

Forward-Looking Statement Disclosure

This literature contains forward-looking statements within the meaning of federal securities laws and regulations. These forward-looking statements are identified by their use of terms such as  “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,”  “intend,” “may,” “plan,” “predict,” “project,” “should,” “will,”  and other similar terms, including references to assumptions  and forecasts of future results. Forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties, and other factors that may cause the actual results to differ materially from those anticipated at the time the forward-looking statements are made. These risks, uncertainties, and contingencies include, but are not limited to, the following: our ability to effectively raise capital in our offering; uncertainties relating to changes in general economic and real estate conditions; uncertainties relating to the implementation of our investment strategy; and other risk factors as outlined in our prospectus and periodic reports filed with the Securities and Exchange Commission. Although JLLIPT believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, we can give no assurance that the expectations will be attained or that any deviation will not be material. JLLIPT undertakes no obligation to update any forward-looking statement contained herein to conform the statement to actual results or changes in our expectations.