Pieter Hendrikse, CEO of CBRE Global Investors EMEA, has been elected chairman of the Green Rating Alliance for 2012, succeeding Pierre Vaquier, CEO of AXA Real Estate.

Pieter Hendrikse, CEO of CBRE Global Investors EMEA, has been elected chairman of the Green Rating Alliance for 2012, succeeding Pierre Vaquier, CEO of AXA Real Estate.

The executive board of the non-profit organisation also includes AEW Europe's Eric Donnet, who acts as CEO, as well as David Short of GE Capital Real Estate Europe and Christoph Wildgruber of Allianz Real Estate in the post of deputy CEOs. Leo Weidenaar of CBRE Global Investors holds the position of Chief Financial Officer while Mickael Sigda of Bureau Veritas is the general secretary.

Dutch pension fund APG's Sander Paul van Tongeren was confirmed as Green Rating Alliance Programme Manager, facilitating member activity development.

'The Green Rating Alliance has helped the industry take major steps in improving and monitoring the sustainability performance of existing buildings,' commented Pieter Hendrikse. 'I want to build on the achievements so far to help the organisation become the leading association in Europe on green rating of existing buildings.'

Green Rating Alliance is an industry initiative aimed at promoting sustainable real estate. Over the last three years, it has developed a cross-border measurement and decision making methodology on environmental performance of existing buildings, assessing six million m2 of office, logistics and retail assets in more than 100 cities in 16 countries, which represents EUR 17 bn of gross asset value (GAV).