Issue Date: March 14th, 2014
Background and Objectives
TOKYU REIT, Inc. (“TOKYU REIT”) recognizes the growing importance of environmental consideration in the global property investment and management sector. Based on the fact that the real estate sector accounts for a major part of carbon emissions, industry initiatives such as Principles for Responsible Investment (“PRI”) and Responsible Property Investment (“RPI”) have widely spread, and the idea of environmentally-friendly property management throughout the lifecycle has been becoming common.
TOKYU REIT aims to maximize its unitholders’ value through pursuing growth, stability and transparency. To achieve our objectives, we realize that environmental consideration and proper disclosure will become even more important, and hereby establish the “Environmental Policy”.
TOKYU REIT recognizes the importance of environmental consideration in the property investment and management sector. As a responsible corporation, we continue to act towards reducing environmental impact and helping transition to a sustainable society.
1.Implementation of Environmentally-friendly Operation
- Reduce Energy Consumption and Green House Gas (“GHG”) Emissions
- Reduce Water Consumption and Waste
- Pursue Health, Safety and Well-Being
2.Management Structure to Ensure Environmental Consideration
- Management Structure as a Responsible Corporation
- Collaboration with our stakeholders
Acquisition of DBJ Green Building Certification
The DBJ Green Building Certification program (the “Program”) is a certification program established by DBJ in April 2011 in order to support real estate demonstrating environmental and social awareness (“Green Buildings”). The Program recognizes and certifies socially and economically desirable real estate, based on a comprehensive assessment that includes not only the property’s environmental performance but also its addressing of disaster prevention, community consideration, and other requirements of various stakeholders, and supports initiatives thereof.
Please refer to the following for more information on the Program.
Website operated jointly by DBJ and Japan Real Estate Institute：DBJ Green Building Certification (in Japanese)
The following is the DBJ Green Building Certification acquired by TOKYU REIT.
|Address||1-23-16,Shibuya, Shibuya-ku, Tokyo|
|Total Land Space||1,705.35m2|
|Total Floor Space||11,847.87m2|
|Structure /Floors||S/SRC, B2/12F|
|Address||21-6, Udagawa-cho, Shibuya-ku, Tokyo|
|Total Land Space||784.26m2 (Land included in the property trust totals 728.30m2)|
|Total Floor Space||6,675.52m2 (Exclusive area 4,804.46m2)|
|Structure /Floors||SRC/S, B3/8F|
|Address||4-10-1,2,3,4,5,6, Yoga, Setagaya-ku, Tokyo|
|Total Land Space||21,315.68m2|
|Total Floor Space||94,373.72m2|
|Structure /Floors||SRC/RC/S, B2/28F|
|Address||1-21-19, Toranomon, Minato-ku, Tokyo|
|Total Land Space||2,016.83m2|
|Total Floor Space||11,983.09m2|
|Address||6, Yonbancho,Chiyoda-ku, Tokyo|
|Total Land Space||2,754.18m2
[Land included in the property trust totals: 2,573.80m2]
|Total Floor Space||15,834.55m2
[Exclusive ownership area of compartments under compartmentalized ownership pertaining to property trust: 11,431.09m2]
Acquired “Green Star,” the Highest Ranking, in GRESB Survey for two consecutive years
Tokyu REIM has participated in GRESB survey since 2014 by placing TOKYU REIT as the target.
Acquired the highest ranking of “GreenStar" in 2016.
GRESB (Global Real Estate Sustainability Benchmark)
…Benchmark developed by a group of leading western pension funds. Evaluates the sustainability consideration of real estate companies and the managing entities, and is being utilized by some major institutional investors, for example when selecting investment targets.
BELS (Building-Housing Energy-efficiency Labeling System) is the third-party certification system to rate houses and buildings in accordance with duty to make effort to label energy saving performance in the Act on Improving Energy Consumption Performance for Architectural Structures. Houses and buildings are evaluated based on the value of BEI (Building Energy Index) derived from the primary energy consumption based on the government-designated energy consumption performance standard of architectural structures.
The evaluation and indication based on the system shall be implemented by the registered organizations as operators of BELS operations, which fall under registered housing performance evaluation organizations that are members of the evaluation association, designated construction confirmation authorities or registered building research agencies.
The following is the BELS Certification acquired by TOKYU REIT.
|Property Name||Evaluation||Acquisition Date of Certification|
|Tokyu Ikejiri-ohashi Building||★★||January 23, 2017|