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.

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    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