Live Green or Die. REITs look to embrace green
building standards.
"Buildings are viewed as one of the biggest opportunities
for low-cost energy efficiency improvements. It ensures
that buildings will be a big focus for policy-makers
in this area," says Roger Platt, senior vice president
and counsel for The Real Estate Roundtable. "In
big picture terms, the stakes for our industry in the
energy and climate change debate are tremendous."
Transcend Equity Development Corp. is a company that
focuses on retrofitting existing companies with energy
saving appliances, reducing overall usage as much as
30 percent without increasing property operating expense.
