ARTICLES LABELLED WITH TAG decarbonization

Property Forum is proud to be joining the first European World Built Environment Forum as a Media Partner. The event, organised by Property Forum’s long-term partner, the Royal Institution of Chartered Surveyors (RICS), will be held at the Procuratie Vecchie, Venice, a historical landmark in Piazza San Marco, in collaboration with Generali Real Estate.

Decarbonization of the construction sector plays a crucial role in achieving climate goals, as the real estate market is responsible for 38% of global CO2 emissions, according to UN data. In the case of new buildings, especially industrial ones, eco-friendly solutions have become the new standard. In fact, it’s often required by investors, says Marcin Kosieniak, MEP design specialist and co-owner of the PM Projekt construction design office, and expert of the RRJ Group.

Some players in the Hungarian commercial property sector have made significant steps to transform the industry, but the majority have failed to do so. Property Forum asked Zsombor Barta, President of the Hungary Green Building Council (HuGBC) about the way the entire industry should act to reach net zero as adopted by the European Union.

An increasing number of value-add investment opportunities will emerge in 2022, said Savills, as decarbonising buildings and ESG-requirements create redevelopment opportunities across Europe.