The ESG Framework and its Impact on Real Estate Development and Investment
It pays to go green!
Sustainability is becoming ever more important in the development of and investment in commercial real estate (CRE) due to several factors:
- Increased attention to Environment, Social and Governance (ESG) issues at the corporate level.
- Increased interest from the real estate investment community in ESG aspects of development.
- Demographic impact of millennials placing a greater importance on environmental and social issues.
Corporate Interest in Sustainability via the ESG framework