Real estate developers are increasingly becoming aware of climate risks and are factoring the effects of climate change into real estate investments.

Traditional analysis of risks related with investment in properties and real estate industry has been con fined to architectural and financial risks for a long time. The fear of failure to re coup capital invested, or interests on loan remaining higher than incomes from the property have been the key center of focus when it came to real estate risk prediction and management. This was when the days were good in terms of predicting nature but things are not the same now for real estate owners and developers. Be under water of under the weather for them has long been metaphorical, only signifying tough times, when property debt exceeds property value, or expenses exceed income. But the term has now coined a new meaning for developers and investors alike: Real estate property could actually be under the weather because of climate change.

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