Green Financing -- Greenlighting Green Investment into Green Real Estate

HONG KONG, CHINA -  MediaOutReach - 23 October 2018 -  Cushman & Wakefield,a leading global real estate services firm, and US Green Building Council(USGBC), jointly released the report: GreenFinancing -- Greenlighting Green Investment into Green Real Estate on 2018Greenbuild China. From a global perspective, green financing isprogressively being utilised as a catalyst in the transition towards a greenereconomy as it provides the necessary financial support for the development ofgreen projects, including green real estate. According to the report, topreserve energy and natural resources, people, governments and corporationsaround the world are now cooperating more closely together to generate moresentience, establish "green" associated bodies and associations,ratify laws and provide green financing.

Given the built environment'smassive involvement in the diminution of natural resources and hastening ofclimate change, many more property owners and users, today, are also convivialto the idea of going "green", and many have incorporated greentechnology on and in their buildings to garner energy and natural resourcesand/or conserve energy and natural resources.

Ahead in the short to mediumterm, the built environment will continue to be one of the foremost emitters ofgreenhouse gases and will be a large contributor to global warming. As agreater number of people, governments and businesses understand this, so morenewly built buildings (and existing buildings) around the world, and in China,will be obliged to install green technology systems that both garner andpreserve energy and natural resources in the future.

Mr Shaun Brodie, Cushman & Wakefield's Senior Director, Head of OccupierResearch, Greater China said:"Given the steadfastness of many governments around the world, includingthe Chinese government, to environmental sustainability and the advancement ofgreen building development, we can anticipate a growing proportion of the builtenvironment to be green in the future. In conjunction with this, from thecommercial real estate viewpoint, as more building owners and space users startto comprehend the many advantages that certified green commercial real estatecan provide, including financial benefits, so this mainspring will make suregreen commercial office, retail, industrial and hotel space is set to increasein popularity in the years to come."

Mr Andy To, Managing Director, North Asia of USGBC said: "As a major development plan for China,'Green Development' has created a good basis for the green finance industry.While green finance is promoting the vigorous development of green assets,green building, as a kind of green assets, not only benefits from thedevelopment of green finance, but also promotes relevant upstream anddownstream enterprises and industries, such as land, energy, materials andbuildings to accelerate their own sustainable development, from investment toproject formation, forming a virtuous circle."

Mr Alton Wong, Cushman & Wakefield's Head of Advisory Services,Valuation and Advisory Services, Greater China, introduced Cushman & Wakefield's smart building and green financeservices platform. This platform consists of real estate and financialprofessionals from a number of fields, including senior engineers, variousgreen/healthy building certification specialists, project and constructionmanagement consultants, property/facilities management specialists, charteredfinancial analysts (CFAs) and chartered surveyors. In addition to our owncomprehensive platform across all service lines of business, the experts invarious fields provide a full range of solutions to achieve successfulinvestment, project management, leasing, property management and exist strategywithin the life cycle of every single real estate project.

Mr Wong said: "Our platform wasestablished with the goal of providing clients with a full spectrum ofsolutions and relevant services in different stages of real estate projectsthrough a comprehensive platform across all service lines in the fields ofsmart building, real estate and green finance, consequently achieving propertyvalue enhancement, energy conservation and emission reduction, reduction offinancing and operating costs and increase of the overall return on investment."

China has firmly establisheditself as a global leader in green financing, with both domestic policies andinternational leadership bringing real progress. For example, China has becomethe second largest green bond issuer globally. In 2017, a total of 181 bondsamounting to RMB248.6 billion (US$36.4 billion) were issued in China.

Sean Zhang, Cushman & Wakefield'sDirector & Head of Financial Advisory Services, China said: "WithChina's built environment in mind, as Quasi-REITs and two green CMBSs have beenefficaciously launched, we envisage more green real estate projects in theregion to exploit of these types of green financing mechanisms in the future."

Please clickhere to download the full report.

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading globalreal estate services firm that delivers exceptional value by putting ideas intoaction for real estate occupiers and owners. Cushman & Wakefield is amongthe largest real estate services firms with 48,000 employees in approximately400 offices and 70 countries. Across Greater China, there are 20 officesservicing the local market. The company won four of the top awards in theEuromoney Survey 2017 & 2018 in the categories of Overall, AgencyLetting/Sales, Valuation and Research in China. In 2017, the firm had revenueof $6.9 billion across core services of property, facilities and projectmanagement, leasing, capital markets, advisory and other services. To learnmore, visit www.cushmanwakefield.com.hk orfollow us on LinkedIn (https://www.linkedin.com/company/cushman-&-wakefield-greater-china)