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The International WELL Building Institute (IWBI) has announced two new ratings to its WELL programme, specifically curated for the real estate sector.
Now open for enrolment, the WELL Real Estate Rating and the WELL Operations Rating, will provide real estate companies and funds with a flexible, high-impact way to implement and scale health strategies across their entire portfolios. The ratings will also instil confidence in tenants and visitors that base building infrastructure and operations meet rigorous standards for health and wellbeing.
The WELL Real Estate Rating helps real estate funds, real estate investment trusts (REITs) and asset managers efficiently enhance base building infrastructure to support health and wellbeing, driving long-term asset and tenant value. The rating targets systems that support indoor environmental quality, incorporates strategies that improve asset and community resilience, and addresses responsible material selection.
The WELL Operations Rating helps property and asset managers enhance base building operations and management. This rating focuses on driving operational excellence through building systems maintenance, indoor environmental quality (IEQ) performance, policies for resilience and readiness, and an enhanced tenant experience.
From air ventilation and water quality to design elements that encourage movement and mindfulness, these ratings offer a practical pathway to measure and validate the health strategies most critical to base building performance. Derived from a subset of strategies in the WELL Standard, these ratings help real estate companies earn initial recognition while laying the foundation for full WELL Certification and other milestone achievements over time.
Ratings allow organisations to be recognised for their leadership in specific focus areas addressed in the broader WELL Standard. These new ratings provide trusted third-party recognition for the implementation of the health and social impact strategies most relevant to real estate investors and tenants. By focusing on essential infrastructure and operations, the ratings offer a practical pathway to measure and validate key WELL strategies, enabling owners to demonstrate incremental progress and address issues that matter to investors earlier in an asset’s lifecycle.
IWBI President and CEO Rachel Hodgdon said: “Through rigorous science and verified performance, we’ve proven that buildings and organisations can be a powerful force for human health. By achieving these ratings, real estate leaders have new opportunities to earn recognition at scale, establishing immediate trust with tenants and investors while building toward broader organisational goals.”
IWBI’s Chief Product Officer Jessica Cooper commented: “Our goal is to give organisations the tools to win with WELL. Whether starting with a single office or a global portfolio, the WELL Real Estate Rating and WELL Operations Rating offer the initial validation needed to demonstrate impact and meet today’s growing investor and tenant demands.”
WELL serves as the premier platform for leading organisations to invest in health and deliver on social sustainability drivers. Today, WELL strategies have been adopted in nearly 100,000 locations totaling more than six billion square feet in over 140 countries. More than 190 Global and Fortune 500 companies are among the thousands of organisations that use WELL to benefit more than 30 million people worldwide.
For more information and to enrol in the WELL Real Estate Rating or the WELL Operations Rating, register your interest here.
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