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Address Green Challenges to Unlock Value

VANCOUVER, B.C.—There are many causes of inaction in building energy efficient retrofits, said panelists at ULI's Spring conference. The key is to recognize and address the challenges head on.

By Natalie Dolce | Updated on April 11, 2014

VANCOUVER, B.C.—“There is a good opportunity for energy efficiency, but taking the idea to actuality is something different.” So said James Gray-Donald, vice president of sustainability at Bentall Kennedy in a panel Thursday morning.

Gray-Donald served on a panel at ULI’s Spring conference, titled “Investing in Energy Efficiency: Unlocking Value for Real Estate Owners.” He noted numerous papers have been written on the challenges of making a building energy efficient—challenges such as lack of information, underwriting deal size, etc. But recognizing the challenges and addressing them is key to unlocking value to owners.

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