(364 I MOMIDUL. 2N220796 — PROPERTY MANAGEMENT 1
2020 – 2021
COURSEWORK ASSIGNMENT: Environmental, Social and Governance issues (ESG) in Roal Estato
Your assignment is this coursework is to: 1. Explain the concept of ESG. why it is relevant and its importance in our economy and environment (5% of score) 2. Outline how ESG is currently embedded into the property management, discussing how well or not it is being understood, valued and embraced (10% of score) 3. Select two premises in Scotland which display good ESG credentials. Provide a brief resume of each building, describing: (10% of score) a. Their physical building attributes which support ESG b. Aspects of their operational style which support ESG c. The accreditations each building has been awarded in relation to ESG 4. Select two properties from outside the UK which display good ESG credentials. Provide a brief resume the building, describing: (10% of score)
a. Their physical building attributes which support ESG b. Aspects of their operational style which support ESG c. The accreditations each building has been awarded in relation to ESG
5. Assume your client owns the commercial premises briefly described below. Your client is keen to ensure that the building is being operated as best is can in line with good practice in all matters relating to ESG: Environmental, Sustainability and Governance. The building was originally constructed in 1980: it was fully refurbished in 2005 by the current owner, who is now aware it falls short of current best practice in relation to ESG. The owner is considering further capital investment in the premises to achieve this. (25% of score)
a. What details about the building would you need to obtain to be able to consider your client’s proposals?
b. The capital investment that your client could consider making to improve the ESG credentials of this premises
c. The operational management arrangements that could be put in place to ensure all occupiers are in line with the owner’s ESG credentials
d. Discuss what collaboration would be required between Landlord and Tenants to ensure implementation of a plan
e. What action could the Landlord consider should not all tenants are interested in the amendments the landlord proposes?
f How could success in ESG be assessed and measured?