The Real Estate Environmental Benchmark (REEB) is a publicly available operational benchmark of environmental performance for commercial property in the UK. It is one of the only benchmarks based on the performance of buildings ‘in-use’ and is increasingly becoming the ‘industry standard’ used by investors, fund managers and property owners to compare the performance of their assets with other similar assets from portfolios across the UK.
Based on the annual consumption data of our members property portfolios we provide energy, carbon, water and waste performance benchmarks for offices, shopping centres, retail / leisure parks and offices which others can use to compare the performance of their own buildings.
The REEB benchmarks provide one of the most up to date reflections of industry performance – the benchmarks are based on a 3 year rolling average and are updated each year.
Anyone seeking to understand the performance of their assets relative to the REEB benchmark can use the publicly available methodologies to calculate their performance and compare it to the benchmarks.
The REEB dataset is one of the most comprehensive concerning performance in-use and, with the permission of our members, the data is made available on an anonymous basis to support a wide range of research projects in this important field. An analysis of the latest performance trends is available in the REEB 2019 Snapshot below, as well as full details of the latest benchmarks.
MAP members piloted the submission of data from their managed portfolios for the first time in 2020. Following the successful pilot, we will now be working with MAP members to expand the dataset.