The Future of Real Estate – Pathways for Industry Recovery and Transition.
Buildings and cities are vital to societies and economies. They are the vehicles through which people live their lives: they bring people together, provide respite, shelter and inclusion, drive businesses, support or damage health, and nurture creativity. The past two years have brought the convergence of multiple crises – public health, social, economic and planetary – to a crescendo and, with it, a reckoning for the real estate community to evolve to serve people and planet.
Objectives:
Evergrande debt is now over $305 billion. The world’s most indebted real estate company is on the brink of collapse, and the news sent global markets tumbling.
The disruption of the COVID-19 pandemic has prompted a rethink on the methods and tools to best engage local communities in the planning process.
This is how the real estate industry can transition to a future where buildings are liveable, sustainable, resilient and affordable.
Given more than 60% of carbon emissions within cities typically come from buildings, a concerted effort to decarbonize real estate is needed sooner rather than later.
The housing crisis is causing deep unrest due to dissatisfaction over living conditions for a multigenerational group – with the youngest being most impacted.
