New Pathway Helps Streamline and Scale Health and Wellness Upgrades across Portfolios
NEW YORK, Sept 26 (Bernama-BUSINESS WIRE) -- The International WELL Building Institute™ (IWBI™) announced today the first participants in WELL Portfolio™, a new streamlined pathway for WELL Certification™ for multiple new or existing buildings and tenant spaces in a single portfolio. Being released as part of the WELL v2™ pilot, the latest iteration of the WELL Building Standard™ (WELL™), it is part of a suite of enhancements to WELL that addresses growing demand across the building industry for a program that helps owners, developers and tenants streamline and scale health and wellness upgrades to their real estate assets. The announcement quickly follows the launch of WELL v2, the second iteration of IWBI’s pioneering WELL Building Standard. The addition of an early phase review process enabling projects to seek the WELL D&O™ designation, introduced in WELL v2, allows portfolio projects to move through the certification process in a more streamlined and systematic fashion across their asset base, with a specific focus on policies, programs and procurement guidelines. The WELL Portfolio Pathway will encourage owners to treat achieving WELL as a journey and not a destination, and to make incremental improvements across their portfolios over time, tracking their progress along the way. Tenants, developers and investors from Europe, North America, Australia and Asia have all expressed interest in pursuing the WELL Portfolio Pathway. Many have already used WELL for individual buildings and are now looking to bring the same value and evidence-based performance to their portfolios – exemplifying their commitment to improve the health and wellness of people at scale. Following roundtables, expert-led discussions and stakeholder engagement, organizations from across the globe have committed to piloting a sample portfolio of qualifying buildings. Their hands-on participation in the development of this pathway through the pilot process assures a program that will deliver immediate and measureable benefits to both these early adopters and those who come after. These organizations include, among others: Barclays Brandywine Realty Trust CBRE Global Investors and CBRE Charter Hall Forest City Realty Trust Gro Investa JLL Asia Pacific The Lendlease managed Australian Prime Property Fund (APPF) Commercial Miron Construction Co., Inc. Prologis, Inc. Shaw Industries SL Green Realty Corp “The excitement around the WELL Portfolio Pathway among the world’s real estate leaders speaks volumes about the need to use our buildings as part of the toolkit to improve our health and enhance our well-being,” says IWBI CEO and Chairman Rick Fedrizzi. “Organizations know that effective change is delivered at scale, and that is the driving force behind this initiative.” mrem.bernama.com/viewsm.php?idm=32797
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