Climate-related risk could be a major headwind for real estate investment | Building Design + Construction
The institutional investment capital that’s been flowing into real estate globally is expected to increase as an already rebounding economy expands. But there’s also a growing consensus among real estate professionals that environmental, social, and governance (ESG) elements will factor more impactfully—and uncertainly—into future development. Broader housing affordability is one of those elements that could create diverse workforces and drive equitable outcomes. Real estate prospects strong, but multiple risk factors loom.
Source: bdcnetwork.com