Property and Real Estate
Buildings are the main source of greenhouse gas emissions from energy use in many Asian cities, making the greening of the property and real estate sector imperative for them to achieve net zero emissions.
Challenges and Trends
Buildings are the main source of greenhouse gas emissions from energy use in many Asian cities. Energy efficiency in property is certain to be a key regulatory target for those countries on a pathway to net-zero emissions. Clearer data and sharper benchmarks indicating efficiency gains will become increasingly necessary for meeting government targets, attracting investors and increasing tenant trust. Treatment of waste and water use will also be subject to tightening environmental scrutiny. Asset values are being affected by environmental credentials of buildings in the eyes of investors. Environmental issues related to the wellbeing of the users is also a frequently raised issue.