10-26-12

Mid Atlantic Real Estate Journal — Green Buildings — October 26 - November 8, 2012 — 25A

www.marejournal.com

G reen B uildings

ew York, NY — CBRE Group, Inc. , announced the launch Program funds and inspires sustainability solutions CBRE Group launches Real Green Research Challenge N program will help to unleash innovation by connecting ideas with funding and with CBRE’s unparalleled information and people resources.” resources to bear for positive environmental change.”

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CBRE has assembled an authoritative panel of internal and external global experts and thought-leaders to evalu- ate research proposals. The judges include members of ac- ademia, non-governmental or- ganizations and industry. The types of research the RGRC programwill fund include pro- ductivity studies, large-scale predictive modeling, energy efficiency technologies, data management programs, diag- nostic tools, and market-wide availability.

of the Real Green Research Challenge (RGRC), a four- year, $1 million commitment to fund leading-edge sustain- ability research and innova- tion relating to commercial real estate. The program was unveiled today at The Climate Group’s Climate Week NYC. CBRE is accepting submis- sions for research proposals, with the goal of developing solutions to the industry’s critical environmental chal- lenges. “We’ve seen growing mar- ket awareness of commercial buildings’ impact on the envi- ronment,” said Bob Sulentic , CBRE’s president. “This has inspired new thinking and in- novation in sustainability re- search. However, people with good ideas often lack financial support and access to real- time market data and insight into building construction, occupancy and management that only a global firm like CBRE can provide. Our RGRC

Over the next four years, CBRE will award up to US$1 million to fund independent academic research into sus- tainable real estate practices. Selected applicants will re- ceive up to $250,000 for basic research and implementation, with initial funding in Febru- ary 2013. In addition to mon- etary funds, RGRC-funded projects will have access to CBRE’s global market data and resources, which can help them to commercialize their ideas. “Commercial buildings can generate serious environ- mental impacts for both cur- rent and future generations. However, smart research and innovation can significantly reduce these impacts,” said Mark Kenber, CEO of The Climate Group . “Therefore we support CBRE’s efforts with the RGRC and applaud its commitment to bringing its

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“We are pleased to announce the creation of the industry’s first dedicated funding mecha- nism to support substantive research for commercial real estate,” said Dave Pogue , CBRE’s global director of sustainability and head of the global sustainability taskforce that developed the RGRC. “Through this collaborative approach, we hope to create a meaningful impact in sustain- able commercial real estate practices.” n MAREJ November 23 rd Spotlight: RENEWABLE and ALTERNATIVE ENERGY Deadline: November 9 th Call Michael to reserve space 800-584-1062 x208 mcampisi@marejournal.com www.marejournal.com This exclusive Spotlight is an excellent way to Reach +25,000 Commercial Real Estate Professionals, including Owners Developers & Tenants. Editorial Requirements Include: 250 - 500 words, double-spaced typewritten along with a photograph. Special advertising rates to all participating rms. Call today to reserve your space.

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