Decarbonising European commercial real estate assets will cost more, be more labour-intensive, and take longer than previously thought.
This is according to a new paper published by Redevco, one of Europe’s largest privately owned real estate managers. The paper states that decarbonisation is a “predictable, multi-year funding requirement” that will shape investment strategies, lending markets, and asset management decisions across office and residential investments.
The need for decarbonisation is pressing. Around €100 billion of European office assets are estimated to sit in EPC D/E categories and require reinvestment by 2030.
Sign in to read the full article or Register for FREE and get access
SIGN IN
FREE PREMIUM ACCOUNT
Don't have an account yet?
To access
the premium content FOR FREE on Insurance Investor, you must first sign in to your account.
Not subscribed? Sign up today for free
Why subscribe? Click here for more details