Our asset managers conduct due diligence in the selection of property management companies. Our standard property management agreement includes sustainability compliance. Property managers are monitored through quarterly and annual sustainability reporting.
J.P. Morgan Asset Management Real Estate Americas uses third-party managers and Joint Venture partners to provide highly qualified local leasing and property management expertise. Property teams are an integral part of the development and implementation of each asset's ESG plan. Sustainability training is provided using J.P. Morgan Asset Management Real Estate America's Sustainability Reference Guide and ENERGY STAR training resources. We have hired a third-party consultant, LORD Green Real Estate Strategies, to provide additional technical support and to provide third-party review of the property investments as it relates to their sustainability performance and reporting.