Factors that can significantly affect an asset’s long-term viability and profitability.
Investors and valuation professionals are increasingly acknowledging that Environmental, Social, and Governance (ESG) factors can significantly affect an asset's long-term viability and profitability.
Embracing ESG principles can indeed lead to various financial benefits for investors, including higher rent due to increased tenant demand for sustainable buildings, lower vacancy rates resulting from improved tenant satisfaction and retention, reduced operating expenses through energy and resource efficiency, and decreased risk exposure due to better management of environmental and social factors.
The IVSC Report, which was published in January 2024, observed that it is now the time to prioritize sustainability in our real estate strategy.
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