In 2007, BNP Paribas Real Estate Property Management created the first European charter specifically on sustainable management and maintenance of buildings, "Eco Property Management ©", which about sixty European real estate service providers have already endorsed. The charter provides guidelines and support for our clients when implementing new practices in building upkeep and maintenance, and ensures that property management service providers conform to these specifications. This approach means that our management tools are among the most effective in the market.
A BNP Paribas Real Estate asset – sustainable property management
Sustainable property portfolio management aims to reduce lifecycle costs and environmental risks, and to provide safe workplaces in an environment with minimised pollution.
The main concrete measures are increasing operational energy efficiency and reducing CO2 emissions. Additional measures include reducing water consumption and separating waste or, even better, avoiding it. Servicing and maintenance should ensure that the lifecycle is increased and that costs are reduced. Using low-pollutant products for cleaning the building can improve indoor air quality; when purchasing cleaning products care should be taken to select those that contain or produce fewer pollutants.
The upshot is that the reduced level of pollutants, lower costs and greater regard for safety can create a better work environment for occupiers.
In turn, the increased attractiveness of the premises for occupiers gives the landlord greater scope upon re-letting them. Moreover, being able to demonstrate sustainable building operation meets the increasing demands of investors in asset and property management.