COVID-19 Impact:
The pandemic has had a profound impact on how and where people live, work, and play. It has also accelerated some existing trends, such as homeownership rising migration to second-tier cities, and demand for affordable housing. On the other hand, it has created new challenges and opportunities for office.sectors, as they adapt to changing consumer behavior and expectations. The pandemic has also highlighted the importance of health and wellness in real estate design and management.
Real estate professionals need to be aware of the environmental risks and opportunities associated with their assets, and implement strategies to reduce their carbon footprint, improve their energy efficiency, and enhance their resilience to climate change impacts.
Sustainability and Climate Change:
Achieving net zero carbon emissions has become an essential part of many regional investment strategies. Compliance with international reporting standards, such as the European Union’s 2021 Sustainable Finance Disclosure Regulation (SFDR), is increasingly important. Real estate professionals need to be aware of the environmental risks and opportunities associated with their assets, and implement strategies to reduce their carbon footprint, improve their energy efficiency, and enhance their resilience to climate change impacts.
Deals and Capital Markets:
Despite widespread economic uncertainty, 2021 represented a record-breaking year for the global real estate realm, with global
