He adds that big blue-chip companies have announced net-zero goals and are now reducing their reducing their emissions from operations. For example, power use from their offices falls under Scope 2 emissions.
Location, location, location — while address remains a key factor when choosing an office space, the “sustainable, next-generation office” also considers the site’s immediate surroundings, energy efficiency, branding and tenant health, says German asset manager DWS.
Tenants are queuing around the block for such top-tier spaces in Europe, claims Matthias Naumann, DWS’s chief investment officer of real estate in Europe, the Middle East and Africa (EMEA) and Asia-Pacific (APAC). “Companies are looking for the highest energy ratings; wellness plays an increasingly big role, given that they want to attract particular kinds of employees. Vacancy rates for these top spaces are nearly zero in most European markets,” says Naumann, whose firm had some EUR841 billion ($1.22 trillion) in assets under management as of March 31.
