STREETS is joining the association REMMS as a PMS integrator

STREETS is delighted to be joining the association REMMS (Real Estate Meta Rating and Monitoring on Sustainability) as a Portfolio Management System integrator. The aim of this move is to enhance the quality of the data offered by the PMS, particularly in terms of ESG criteria.

"REMMS tackles several sustainability and ESG challenges: taking account of the various labels, standards and assessment methodologies is one of these challenges. This associative and independent model strengthens the scientific and pragmatic aspect of REMMS, and supports acceleration of sustainable measures which should impact E, S, and G themes. This data mining and analytics universe will be available in STREETS, in its capacity as an early PMS integrator. This major asset will be made available to owners, asset managers and other real estate stakeholders with a view to optimising sustainable and transparent management of their portfolios", explains Rafat Chabaane, CBO of STREETS.

With the agreement of its clients, part of the data integrated in STREETS can be analysed by REMMS in order to improve the relevance of its statistics and, ultimately, cover the entire Swiss real estate portfolio; this will be achieved thanks to increasingly reliable real data and monitoring of the impact of sustainable strategies being rolled out or those in preparation.

REMMS is a non-profit organisation. Its mission is to objectively assess the sustainability of real estate projects and existing individual buildings (building construction) as well as real estate portfolios in Switzerland and other countries. It bases its analysis on sustainability themes - environmental, social and governance (ESG) - in terms of macro environment, micro environment and objective, in order to establish an overall assessment on each of the 3 key themes mentioned above. This allows for a baseline comparison, highlights areas of intervention to be planned, and represents evolution over time. In practical terms, any private or institutional owner or financial institution can analyse the sustainability of their real estate with REMMS and obtain a comprehensive report that takes into account various standards such as AMAS, ASIP, CREEM, GRI, ICMA, ASB and SFDR.