REAL ESTATE

CBRE launches global green research challenge

BY Staff Writer

Los Angeles — CBRE Group on Tuesday announced the launch of the Real Green Research Challenge, a four-year, $1 million commitment to fund leading-edge sustainability research and innovation relating to commercial real estate.

CBRE said it is accepting submissions for research proposals, with the goal of developing solutions to the industry’s critical environmental challenges.

“We’ve seen growing market awareness of commercial buildings’ impact on the environment,” said Bob Sulentic, president, CBRE. “This has inspired new thinking and innovation in sustainability research. However, people with good ideas often lack financial support and access to real-time market data and insight into building construction, occupancy and management that only a global firm like CBRE can provide. Our RGRC program will help to unleash innovation by connecting ideas with funding and with CBRE’s unparalleled information and people resources.”

Over the next four years, CBRE will award up to $1 million to fund independent academic research into sustainable real estate practices. Selected applicants will receive up to $250,000 for basic research and implementation, with initial funding in February 2013. In addition to monetary funds, RGRC-funded projects will have access to CBRE’s global market data and resources, which can help them to commercialize their ideas.

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OPERATIONS

Ann Inc. launches Commitment to Action initiative

BY Staff Writer

New York — Ann Inc. announced Tuesday at the Clinton Global Initiative that it will expand on its Vital Voices initiative with a program it is calling “Commitment to Action.”

The parent company of Ann Taylor and Loft piloted its ANNpower Vital Voices Initiative in 2011 as a groundbreaking partnership with international NGO, Vital Voices Global Partnership. The effort aims to train and empower young women in the U.S. to create positive social change in their local communities and become the next generation of leaders.

Starting this year, and through 2014, Ann Inc. said it will invest more than $1.3 million in the ANNpower Initiative through its ANN Cares charitable platform. In doing so, the company will provide leadership training to at least 50 Fellows annually, selected through a competitive, national application process of female high school juniors and seniors. After completing leadership training, each Fellow develops a project designed to create positive social change within their home community and will be eligible to receive an ANNpower Project Grant to put her ideas into action. The 2012 grants will be awarded in October.

“As a company for women, Ann Inc. is passionate about women’s issues and we are so proud to have our work supported by the Clinton Global Initiative,” said Kay Krill, president and CEO. “With this commitment, we intend to grow the ANNpower Initiative by expanding leadership training, offering additional mentorship, and raising the visibility of the issue through involvement of high-profile women.”

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News

Rapper T-Pain to promote Moskato Life beverage

BY CSA STAFF

CHICAGO — Beverage maker Phusion Projects has named Grammy Award winning musician T-Pain as a partner in the Moskato Life brand.

As part of the relationship, T-Pain will drive awareness for the malt-based, progressive adult beverage via music, videos, product promotional materials and contests. The partnership will uniquely utilize social media platforms, including Mobli, Instagram, Facebook and Twitter to activate the Moskato Life and T-Pain fan communities around special offerings.

"We are extremely excited to welcome T-Pain as partner in our brand," said Chris Hunter, co-managing partner of Phusion Projects. "He perfectly embodies the Moskato Life and he is on-board as a full and active partner in the business."

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