31 Oct '16, 9am

Why General Growth ranks among the top 10 solar buyers

The first thing worth noting about the sustainable business strategy of real estate investment trust General Growth Properties (aka GGP) is the title of the person leading it, executive vice president and chief operating officer Shobi Khan. That’s simply illustrative of the luxury-retail-store operator’s commitment to embedding environmental considerations into the management of its close to 128 properties across the United States, including the world’s largest outdoor mall in Hawaii. “We think this makes economic and social sense,” Khan told GreenBiz. “We wanted to establish a culture and really make sure that all 1,800 employees were on board.” Considering the size of GGP’s sites — typically more than 1 million square feet, although its Ala Moana Center in Honolulu is double that size – this philosophy is grounded in practical and social considerations. Utility bills rep...

Full article: https://www.greenbiz.com/article/why-general-growth-ranks...

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