CBRE Group, Inc. Selects Five Winners of Its Real Green Research Challenge

  CBRE Group, Inc. Selects Five Winners of Its Real Green Research Challenge

     Projects Provide Sustainability Innovation in Commercial Real Estate

Business Wire

LOS ANGELES -- July 17, 2013

CBRE Group, Inc. (CBRE) announced today five recipient institutions in its
Real Green Research Challenge (RGRC). Launched in September 2012, the RGRC is
CBRE’s US$1-million commitment to fund leading-edge sustainability research
and innovation in commercial real estate.

CBRE has awarded RGRC funding and organizational support to sustainability
projects developed by the Natural Resources Defense Council, Stanford
University, EURO Institute of Real Estate Management, Cleveland State
University and Central Michigan University, and Maastricht University.

“Growing market awareness of commercial buildings’ environmental impact is
inspiring innovation in sustainability research,” said Bob Sulentic, CBRE’s
President and CEO. “The Real Green Research Challenge advances this research
by providing financial resources as well as access to CBRE’s market-leading
global market data and technical expertise to help address some of the most
challenging sustainability issues facing commercial real estate owners,
investors and occupiers.”

After an evaluation of more than 100 submissions by an independent judging
panel, CBRE has chosen five projects to receive RGRC financial awards:

  *a rating system for comparative tenant energy use that provides a
    quantitative foundation for identifying and promoting energy efficient
    practices (Natural Resources Defense Council’s Center for Market
    Innovation);
  *a detailed empirical evaluation of EPA ENERGY STAR® energy management
    strategies allowing facilities and property managers to prioritize energy
    efficiency projects (Stanford University, Center for Integrated Facility
    Engineering);
  *a comprehensive economic analysis of the value implications of green
    building practices on large institutional real estate portfolios (EURO
    Institute of Real Estate Management);
  *a new industry-wide, regionally sensitive, green building scoring protocol
    system to inform U.S. office tenants’ leasing decisions and developers’
    sustainable building choices (Cleveland State University and Central
    Michigan University); and
  *a quarterly green building index of the top 30 U.S. metro markets,
    yielding insights for policy makers, developers and other stakeholders and
    supporting lenders’ risk management analysis and investors' decisions
    (Maastricht University).

“The projects supported through the Real Green Research Challenge will add
significant knowledge to some of the key sustainability issues in commercial
real estate, such as the relative value of sustainable buildings, the most
effective energy efficiency initiatives and the location of green building
market growth,” said Dave Pogue, CBRE’s Global Director of Corporate
Responsibility. “These and other issues are the focus of the projects CBRE is
funding, and the answers could have a profound effect on how buildings are
leased, occupied and improved in the future.“

CBRE’s Environmental Sustainability program includes global commitments in 11
key areas of environmentally sound performance, including resource management,
occupancy, communications and training, public policy and procurement. The
program provides best practices and initiatives that strengthen CBRE’s own
environmental commitment, reflect the best environmental practices in our
clients’ properties, and provide vital training and education to CBRE
professionals.

For more information about the RGRC, please visit www.cbre.com/rgrc.

About CBRE Group, Inc.

CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered
in Los Angeles, is the world’s largest commercial real estate services and
investment firm (in terms of 2012 revenue). The Company has approximately
37,000 employees (excluding affiliates), and serves real estate owners,
investors and occupiers through more than 300 offices (excluding affiliates)
worldwide. CBRE offers strategic advice and execution for property sales and
leasing; corporate services; property, facilities and project management;
mortgage banking; appraisal and valuation; development services; investment
management; and research and consulting. Please visit our website at
www.cbre.com.

Contact:

CBRE Group, Inc.
Robert McGrath, 212-984-8267
robert.mcgrath@cbre.com
 
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