REIC signs agreement to endorse BOMA BESt program

The Building Owners and Managers Association of Canada (BOMA Canada) has signed a memorandum of understanding with the Real Estate Institute of Canada (REIC) for its formal endorsement of the association’s BOMA BESt program and its promotion to REIC members.

REIC executive director Maura McLaren signs the MOU on November 20th in Vancouver while BOMA Canada president Diana Osler Zortea and REIC national president William McCarthy look on.

BOMA BESt (Building Environmental) is a national assessment program launched in 2005 by BOMA Canada. It addresses an industry need for realistic standards for energy and environmental performance of existing buildings based on accurate, independently verified information. The four-level performance certification program also identifies key best practices and provides members with educational and on-line assessment tools, independent data audits and more. There are 1,200 buildings now BOMA BESt certified, with some already entering a recertification cycle.

“REIC is an industry leader in real estate education,” says Ian M. Stewart, chair of BOMA Canada, “and now with the addition of BOMA BESt to their offerings, REIC will be able to provide their members a powerful tool for benchmarking not currently available to them.”

REIC national president William McCarthy says, “The BOMA Canada – REIC strategic alliance built around the BOMA BESt program is a big step for us. We are very careful with our endorsements. BOMA BESt is an excellent program that will be extremely useful to our members.”