WELL adds two new ratings to address investor, tenant concerns

The International WELL Building Institute (IWBI), recently unveiled two new ratings, the WELL Real Estate Rating and the WELL Operations Rating.

The new rating systems “will provide real estate companies and funds with a flexible, high-impact way to implement and scale health strategies across their entire portfolios,” according to an IWBI news release.

Now open for enrollment, the WELL Real Estate Rating focuses on enhancing base building infrastructure while the WELL Operations Rating focuses on addressing base building operations and maintenance. 

“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,” the release says.

“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 organizations to be recognized 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.”