Responsible Property Investing
NewTower is experienced in implementing the principles of Responsible
Property Investing (RPI) for appropriate investment structures.
- RPI provides the framework for NewTower to incorporate
environmental, social, and governance practices
to complement its prudent management of real estate investments.
NewTower believes that these practices have the potential to enhance
returns while providing collateral benefits that are important
to many investors.
- MEPT has been designated as one of the top U.S. real
estate fund in The
Global Real Estate Sustainability Benchmark sponsored by major
international pension plans.
- MEPT develops buildings that are designed to
be LEED (Leadership in Energy & Environmental Design)
Silver-certified or higher and emphasizes energy-efficient,
high-performance property operations in its existing portfolio.
Currently, MEPT’s portfolio includes 36 LEED-certified assets containing 9.7 million square feet with
a gross asset value of $3.3 billion.
- Through MEPT, NewTower implements fair
labor practices by using 100% union labor and signatory
contractors to ensure that prevailing wages and benefits are paid
to foster economic health and growth in the communities where
the Fund invests.
- NewTower upholds the highest degree of
fiduciary standards and unparalleled transparency and communication
with its investors.