Green agenda for real estate industry ‘unavoidable’ – PwC
PwC have launched a report that demonstrates that the real estate industry have to incorporate a green agenda as it comes part and parcel of making ‘safe investment decisions’.
The real estate industry is expected to downsize in 2011 and as a result ‘high quality’ real estate will be in demand. Sustainability is directly linked to this, as sustainable buildings are seen as healthier, more attractive, and more marketable. Malcolm Preston, partner, sustainability and climate change at PwC said: “Increasingly the investment decision is not based on environmental issues alone, the sustainability agenda is becoming an economically rational choice for businesses, when you consider the returns from energy efficiency driven by the green agenda.” To read more about the report click here.