Does GRESB want me to report on major renovation projects and buildings under construction?
Yes, all portfolio assets should be included in your report. The new construction module allows further detailing of new construction and major renovation activities. Further, buildings under construction or renovation should not be included in like-for-like comparisons, but will accrue to absolute performance.
How should I handle the purchase and selling of assets?
Measurabl subscribers can adjust their portfolio to reflect the purchase/sell dates of any given asset.
By maintaining accurate purchase/sell dates, companies ensure only representative performance data is included in absolute performance.
Additionally, Measurabl automatically identifies buildings eligible for like-for-like comparison — 24 months of data coverage with no less than 10 months of data in a given calendar year.
What is the difference between like-for-like and absolute performance?
Both are quantitative measures of a portfolio’s environmental performance. Like-for-like is a comparative measure of performance — evaluating a building’s change in environmental performance from year to year. Absolute performance on the other hand is a stand alone measurement aimed at evaluating total consumption and output across performance indicators.