JLL. The commercial case for making buildings more sustainable
Creating a more sustainable and resilient future requires existing buildings to undergo marked transformation in their infrastructure and operations.
Yet in today’s tough economic environment, securing the internal buy-in and investment needed to make buildings more sustainable can be a difficult task. Investment in real estate is down and fundraising is more challenging.
Despite the shorter-term hurdles, developing and implementing clear decarbonization and resilience strategies now is the smart decision for longer-term performance.
Despite the current economic headwinds, developing and implementing clear decarbonization and resilience strategies now is the smart decision for longer-term performance:
- Mounting costs from climate risks, including heatwaves, flooding, storms and droughts, are increasingly impacting urban areas – with big implications for building owners.
- Rising demand for sustainable buildings and spaces that support corporates’ low carbon goals and meet employees’ rising expectations will change lease markets at scale.
- More restrictive finance and tougher regulation are coming down the line. Companies face more stringent building performance standards and corporate disclosure mandates.
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