REALpac Releases 2010 Energy Benchmarking Report

TORONTO, April 5 /CNW/ - Today, the Real Property Association of Canada ("REALpac") released the REALpac 2010 Energy Benchmarking Report: Performance of the Canadian Office Sector was released today and contains the results of the first annual REALpac Energy Benchmarking Survey. The Survey is intended to establish a baseline of building energy use in Canada and to begin to grow a database that has a foundation of accurate and robust data, collected through the use of credible and equitable assumptions and a replicable methodology. The 2010 Survey received a high level of interest and participation with a total of 261 office buildings having submitted data for the calendar year 2009. Buildings that participated in the survey include both large and small office buildings, counting a mix of government and commercial owners, and represent over 101 million square feet of gross floor area.

The Canada-wide data set of annual building energy intensity shows the mean actual energy use intensity to be 33.0 ekWh/ft2/yr and the mean normalized energy use intensity to be 28.7 ekWh/ft2/yr. There are 65 buildings in total with energy use performance within the top quartile, which is below 23.7 ekWh/ft2/yr. City center trends are also described in the report with the Greater Toronto Area data set having a mean normalized energy use intensity of 27.6 ekWh/ft2/yr, the Calgary data set having a mean normalized energy use intensity of 32.6 ekWh/ft2/yr, and the Greater Vancouver Regional District having a mean normalized energy use intensity of 32.9 ekWh/ft2/yr.

About REALpac

The Real Property Association of Canada ("REALpac") is Canada's senior national real property association whose mission is to bring together the country's real property investment leaders to collectively influence public policy, to educate government and the public, and to ensure stable and beneficial real estate capital and property markets in Canada. REALpac members currently own in excess of CDN $180 Billion in real estate assets located in the major centres across Canada and include real estate investment trusts (REITs), publicly traded and large private companies, banks, brokerages, crown corporations, investment dealers, life companies, and pension funds. Visit REALpac at www.realpac.ca.

SOURCE Real Property Association of Canada

For further information:

For more information about the results of the first annual REALpac Energy Benchmarking Survey or to download the REALpac 2010 Energy Benchmarking Report, please visit www.realpac.ca. Contact: Julia St. Michael, Manager, Research & Marketing REALpac, jstmichael@realpac.ca, 416-642-2700 x.237

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Real Property Association of Canada

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