We believe decarbonization can drive real estate outperformance, with aligned incentives serving as a catalyst for execution. As the U.S. market enters a period of rapid transition driven by electrification, grid constraints, physical risk, and a more challenging energy landscape, buildings that modernize can lower costs, improve resilience, and strengthen income durability. Our approach is designed to enable a scalable, repeatable strategy and unlock value at the intersection of climate action and real estate performance.