Investing in high-quality real estate is a key part of OPB's investment strategy. We focus on acquiring real estate assets with sustainability features that align with our long-term investment horizon.
OPB's real estate strategy identifies several attributes that OPB's rental properties should exhibit which includes providing clean, modern, green and safe environments. OPB prefers properties which are LEED and/or BOMA Best certified. If the investments are not certified, OPB will determine the likelihood of obtaining certification and what development/re-development activities are required.
For acquisitions, OPB will seek the opinion of independent third party consultants which conduct environmental due diligence activities. OPB reviews the resulting environmental reports to determine potential contamination of the sites and any remediation that will be required.