地產(chǎn)項(xiàng)目改造綠色建筑

GRECO項(xiàng)目改造綠色建項(xiàng)目背景2009年底，CDC(CaissedesDe?po?tsetConsignations公司在法國(guó)環(huán)境法《Grenelle2GRECO項(xiàng)目，后者要求現(xiàn)有商業(yè)房地產(chǎn)的能耗到風(fēng)險(xiǎn)，并逐漸分?jǐn)偢脑斐杀尽Ｐ袆?dòng)過(guò)程首先，CDC對(duì)其整個(gè)投資組合進(jìn)行了能源審計(jì)，并根據(jù)實(shí)際能耗(來(lái)自些組件的更換成本包含在重大維修和的計(jì)劃中。低標(biāo)準(zhǔn)，CDC可以驗(yàn)證不同改造計(jì)劃的成本效率，并評(píng)估實(shí)現(xiàn)減耗目標(biāo)所需的產(chǎn)價(jià)值進(jìn)行對(duì)比，用于間接評(píng)估因子GRENELLE2產(chǎn)生的報(bào)廢風(fēng)險(xiǎn)。雖然績(jī)效收益綠色改造(E)10%的價(jià)值溢價(jià)。能源改造逐漸成為要求因此投資者需要對(duì)其投資組合采取能效策略以借鑒意義CDC(CaissedesDe?po?tsetConsignations)公司對(duì)其整個(gè)投資組合進(jìn)行了能源審計(jì)并根據(jù)實(shí)際能耗(來(lái)自于租戶和業(yè)主處)分解每個(gè)使用者的能耗(用于空10%的價(jià)值溢價(jià)。RefurbishmentofGRECOAtof2009,CaissedesDe?po?tsetConsignations(CDC)initiatedtheGRECOprojectinanticipationoftheFrenchenvironmentallawGrenelle2,requiringa38%reductioninenergyconsumptionfromexistingcommercialpropertystockby2020.CDCwantedtopromptlyaddresstheissuetolimitthedepreciationriskforitsexistingportfolioandspreadtherefurbishmentcostovertime.Initiativesand,energyauditswerecarriedoutonthewholeportfolio.Actualconsumptions(frombothtenantsandowner)wereusedtodetermineabreakdown mendationsissued.Majorupgradesweretimedtocoincidewiththereplacementofcomponentsattheendoftheirlife,inordertobecoveredbyplannedbudgetsformajorrepairsandAtabuildinglevel,refurbishmentcostsandpaybackperiodswerenottheonlycriteriausedfordecision-making.BycomparingtherefurbishmentcostandtheenergyconsumptionabatementCDCwasabletodemonstratethecostefficiencyofvariousrefurbishmentscenariosandassesstheimpactofanumberofdifferentactionsrequiredtomeetthereductions.Accountingonlyforenergyexpenses,theinvestmentpaybackperiodexceededeightyears.Thecomparisonbetweenrefurbishmentcostandassetvaluewasused.Thegreenrefurbishment(HQE),withacostofapproximayone-thirdoftheinitialbuildingvalue,enabledtheinvestortonearlydoubletheinitialvalueofitsasset.Inaddition,itledtoa10%valuepremiumcomparedtotheconventional(RT)Asenergyretrofits earegulatoryrequirement,investorswillrequireenergyefficiencystrategiesataportfolioscaleinordertomitigaterisk.Decisionswillnotonlyconcernchoosingrefurbishmentscenarioswithinbuildingsaccordingtechnicalcriteria,butwillalsorequireprioritizingbetweenassetstoizethevalueoftheportfolioovertimeaccordingtofinancialandenvironmentalcriteria.CDCcarriedoutEnergyauditsonthewholeportfolio.Actualconsumptions(frombothtenantsandowner)wereusedtodetermineabreakdownofenergyconsumptionperuse(forHVAC,lightingandotheruses)and issued.Thegreenrefurbishment(HQE),withacostofapproximayone-thirdoftheinitialbuildingvalue,enabledtheinvestortonearlydoubletheinitialvalueofitsasset.Inaddition,itledtoa10%valuepremiumcomparedtoth