Nuveen Real Estate
New York, New York
Partner of the Year - Sustained Excellence
Energy Management
Nuveen Real Estate is a large real estate investment manager with $125 billion in assets under management, receiving Partner of the Year-Sustained Excellence recogntion. Nuveen Real Estate has demonstrated outstanding energy management across its portfolio and has maintained its continued dedication to ENERGY STAR. Key 2018 accomplishments include:
- Achieving ENERGY STAR certification for 66 properties in 2018.
- Reducing average weather-normalized source energy use intensity by almost two percent from 2017 to 2018.
- Including ENERGY STAR-related information in its investor reports, such as average weighted ENERGY STAR score and total number of ENERGY STAR certifications.
- Rolling out a process to review and consider all potential equity acquisitions based on energy related criteria, including ENERGY STAR certification, energy data through ENERGY STAR Portfolio Manager®, and ENERGY STAR adoption in the market area.
- Connecting 100 percent of its multifamily properties with the respective utility companies to automatically benchmark energy data into ENERGY STAR Portfolio Manager.
