Real Estate &

Building a better tomorrow by capturing the green premium
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Commitments & Recognition

We believe that environmental, social and governance best practices can enhance the performance of our clients’ investments both by driving value and decreasing risk.

Our Approach


Environmental Factors will drive long-term occupier & investor demand


Expected returns for green and non-green buildings will diverge


Active management can capture the green premium

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ESG Team

  • David De Vos bw

    David DeVos is Global Head of ESG for LaSalle Investment Management. He is responsible for accelerating our global ESG strategy and objectives, while driving execution on programs in collaboration with senior leadership and various portfolio stakeholders.

  • Elena Alschuler bw

    Elena Alschuler is Head of Sustainability for LaSalle’s Americas region, and acts as a central leader for all of the sustainability and climate risk initiatives across all asset classes and investment products. She works closely with Portfolio Management, Acquisitions and Asset Management on goals and resources, property-level activities and reporting efforts.

Asset Level ESG Integration


JLL Income Property Trust assesses the sustainability of potential acquisitions through a due diligence checklist covering:

  • Energy performance
  • Current and potential certifications
  • Capital needs that present efficiency opportunities
  • Available incentives
  • Local market demand for sustainable buildings

Operations & Management

Improving operational efficiencies is a core tenet of JLL Income Property Trust's Asset Management. Energy & sustainability initiatives include:

  • Ongoing tracking of energy, water, and waste use
  • Energy & Sustainability Plan integrated into annual budget
  • Certifications such as LEED and Fitwel
  • Green guide for property managers
  • Energy procurement

Capital Upgrades

JLL Income Property Trust proactively invests in financially accretive projects as a matter of business and incorporates efficiency into capital upgrades:

  • Low cost & High IRR - Lighting improvements, HVAC controls
  • Solar where profitable, such as in CA, MA, DC
  • Capital plans, e.g., HVAC replacements


Tenants account for over 50% of a building’s environmental footprint. JLL Income Property Trust works with tenants on:

  • Green leasing
  • Efficient buildouts & TIs
  • Engagement programs

Case Studies

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Penfield Exterior 02

The Penfield

1st apartment community in Minnesota to achieve Fitwel Certification

95 out of 100 Walk Score®

Green roof mitigates stormwater runoff and has a weather station for the local university

Case Study Pioneer Tower

Pioneer Tower

Unparalleled mixed-use urban environment with direct access to Pioneer Place, Portland’s #1 shopping destination

Achieved 10% annual energy reduction since acquisition

Convenient access to public transportation and pedestrian walkway

Case Study Pinole Point

Pinole Point Distribution Center

Engaged tenants Williams-Sonoma and Amazon to monitor energy consumption.

Achieved ENERGY STAR certification for both buildings demonstrating energy efficiency.