How much will climate change impact European Real Estate returns?
Experts from AEW and Natixis analyse the impact of secular trends including; urbanization, climate change, e-commerce, work from home etc. on real estate.
As real estate contributes to 36% of greenhouse gas emissions globally, a deep understanding of climate change related risks for the commercial real estate sector is starting to develop. Climate change risks include both direct physical and indirect transitional risks.
Climate change poses physical and transitional risks to many economic sectors, and hence a risk of capital loss to investors. How do they adapt?