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Mona Benisi, senior director of sustainability at Simon Property Group, Inc. (NYSE:SPG), joined REIT.com for a video interview at NAREIT’s 2016 Leader in the Light Working Forum at the Ritz Carlton – Coconut Grove in Miami.
Benisi noted that Simon has been active in sustainability issues for quite some time now. Whereas the original focus was on energy management, Simon has recently been revisiting the area as sustainability matters have become more entrenched in the industry.
Host Hotels & Resorts, Inc. (NYSE: HST), Macerich (NYSE: MAC) and Simon Property Group (NYSE: SPG) have been recognized by the international non-profit organization CDP for their efforts toward addressing climate change.
Mona Benisi, director of sustainability at Simon Property Group, Inc. (NYSE: SPG), joined REIT.com for a video interview at NAREIT’s 2015 Leader in the Light Working Forum in Reston, Va.
Benisi noted that one of the issues surrounding green leases in the retail sector is that of properly explaining what the contract involves.
“It’s a new topic; it’s evolving, both for landlords and tenants. I think a big challenge is having proper communication and really explaining what is part of a green lease,” Benisi said.
