Lisa Michelle Galley of the Our Green Journey blog and Galley Eco Capital posts her notes from a panel of green real estate fund managers about why investors and development partners want these funds and the do’s and dont’s for building a green fund.
Does commercial real estate need pure green real estate funds?
- Green real estate funds align capital more clearly with mission
- JV development partners are seeking a green fund’s concentrated expertise.
- Green funds benefit from the superior financial performance of green assets.
Best practices for building a green real estate fund
- Your team must have sustainability expertise.
- Pay attention to both the leasing team and lease structure
- Establish the right partnerships
- Proper reporting is crucial.