Breakthrough for sustainability in commercial real estate
Myth versus reality
The commercial real estate industry is at a crossroads. Industry players are posting average growth. Technology is changing the way in which real estate business is done. Client needs for physical space are also changing due to increased use of technology and enhanced environment consciousness, among other things. This in turn is changing the nature of demand for physical real estate space.
Commercial real estate players need to evaluate sustainability adoption in the context of the environmental impact of buildings and the benefits that accrue to property owners in terms of growth in top line, bottom line and asset valuations and to tenants in terms of operational efficiency and productivity.