2023 Sustainability Report
INTRODUCTION OUR CLIENTS OUR PLANET OUR PEOPLE AND COMMUNITIES OUR BUSINESS ACKNOWLEDGEMENTS ABOUT THIS REPORT APPENDICES
2023 SUSTAINABILITY REPORT | 23
Our Approach Thought Leadership Innovation and Technology Client Sustainability Services Stories of Progress
Supporting Green Certification for More Than 400 McDonald’s Restaurants in China — Top LEED Partner for Top LEED-Certified Restaurant Globally In early 2023, McDonald’s appointed Cushman & Wakefield’s Project & Development Services (PDS) China team to its panel of preferred Leadership in Energy and Environmental Design (LEED) certification partners. Over the course of this partnership, the team supported more than 400 LEED restaurant certifications for McDonald’s, becoming the top LEED volume services provider on the Chinese mainland in 2023. By the end of 2023, McDonald’s China had attained LEED certification for more than 2,500 new restaurants. This has resulted in McDonald’s China operating more LEED-certified restaurants than any other brand globally, with continued growth expected. In addition, the Cushman & Wakefield team has begun to enhance McDonald’s internal certification processes to support increasing volumes of data and assisted with the implementation of new certification standards for planned projects in the coming years.
Repositioning an Asset in Brussels Our clients, a consortium of large European real estate investors and developers, purchased a 177,600 sf building in Brussels, Belgium, with the aim of converting it into high-end residential units. Our experts, leveraging their knowledge of market dynamics and of current and future competition, persuaded the developer to opt for an office redevelopment with the highest environmental standards to attract the targeted occupiers. Cushman & Wakefield’s teams provided several services across the life cycle of the project, which contributed to financial optimization and maximized the value of the property. These included: > Finding a co-investor who acquired 50% of the project. > After delivery of the project, Cushman & Wakefield’s leasing team identified triple-A tenants who now enjoy a state-of-the-art building. > Our capital markets team later supported the sale of the asset in an off-market transaction, achieving an attractive yield. Strategic Asset Enhancement Initiative in Singapore In a strategic move to enhance asset value and user experience, Cushman & Wakefield’s Project & Development Services (PDS) and C&W Services Singapore were appointed by AEW, a leading global real estate investment management firm, to uplift its newly acquired light industrial building in Singapore's Woodlands district. The firm undertook comprehensive design and build, cost, project, and construction management roles to transform the facility. The project's scope included the revitalization of the public plaza drop-off area to enhance the tenant and visitor arrival experience, with future-ready installations for mobile food carts. To serve modern commuting needs, end-of-trip facilities were expanded to include additional bicycle racks, new showers, lockers and renovated lavatories. Our firm also improved internal wayfinding navigation and renovated ground floor lobbies for the two towers, alongside other upgrades. Collectively, these new design elements and refreshed amenities have created a sense of placemaking for the tenants, visitors and the wider community. Additionally, embracing environmental stewardship, C&W Services provided ESG advisory, including an energy audit and decarbonization roadmap, leading to the installation of a solar panel system on the building's extensive rooftop. Our team also provided environmental re-certification services.
Our work with AEW underscores our integrated approach to creating exceptional buildings and driving environmental responsibility within the industry, while also adding value to the asset.
Made with FlippingBook Ebook Creator