The Increased Importance Of Environmental Sustainability In Real Estate

Posted by Staff Reporter on Jul 23, 2019 02:09 AM EDT
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The Increased Importance Of Environmental Sustainability In Real Estate (Photo : GETTY IMAGES)

Staying one step ahead in the uncertain and competitive real estate space can be a challenge. We started out the year with many experts predicting that sustainability would once again be a "trend" for 2019.

This is not an "aha" moment for most of us: Green building and sustainability have been enduring trends in the industry for the past couple of decades. However, as the real estate space continues to transform, this topic takes on increasing importance as we look at overall societal, economic and cultural changes. 

People want to go green.

Sustainability can no longer be considered a niche. In fact, consumers demand and expect it from most aspects of their lives. Even professional sports leagues, like the NFL, now have formal sustainability initiatives in place. According to a recent survey by Nielsen, 81% of consumers around the globe believe it is extremely or very important for companies to have environmental improvement as an objective. 

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