“Sustainability” has long ceased to be just a trendy phrase. It is at the top of the list of real estate issues that are of deep concern today (see table).
The real estate market is becoming increasingly environmentally conscious. In the coming years, increased attention is expected to be paid to green building practices, energy efficiency, and sustainable development.
Entrepreneurs who prioritize environmental sustainability and decarbonization requirements special database not only contribute to environmental conservation, but also work in line with market preferences.
Top 5 key trends in the real estate market in 2024
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According to the study, a new generation of niche sectors, including renewable energy storage, solar power plants, electric vehicle parking and charging, and other infrastructure, could account for “a huge amount of quasi-real estate investment over the next five to ten years.”
Trend #5. Global economic impacts
Global economic uncertainty continues to dramatically impact the real estate market.
The increase in interest rates by the central bank in 2022 and 2023 forced major industry players to abandon dynamic strategies of rapid development towards wait-and-see strategies.
Key indicators were: changes in the valuation of capital and debt, real estate valuation, construction costs and risk assessment. The market is permeated by enormous uncertainty.
“The people who will make money over the next decade will be the people who will solve society’s problems,” says one investment manager.
Sustainable development and environmental sustainability
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