The Real Estate Environmental Benchmarks (REEB) is an operational environmental performance benchmark owned by the Better Buildings Partnership (BBP). Every year the BBP collects energy, water and waste data from its members to review the benchmarks and publish industry trends on the environmental performance of the Commercial Real Estate Sector in the UK.
Greengage have been appointed by the Better Buildings Partnership to provide support in the delivery of REEB 2022. This involved collecting environmental performance data from 49 of the leading Commercial Real Estate sector clients and analysing it to produce benchmarks and industry trends.
The REEB dataset is one of the most comprehensive and up to date databases concerning performance in-use data and contains data for more than 2000 properties in the UK. Over time REEB has become the ‘industry standard’ used by investors, fund managers and property owners to compare the performance of their assets with other similar assets from portfolios across the UK. The REEB data and methodology has also been used to inform a number of industry standards and frameworks including the benchmarks for NABERS UK, the UKGBC Net Zero Carbon targets for offices and the UK benchmarks for offices within CRREM (Carbon Risk Real Estate Monitor).
Watch the space for more information.