From Principles to Practices: Realising the value of circular economy in real estate
From principles to practices: Realising the value of circular economy in real estate
Arup has joined forces with the Ellen MacArthur Foundation to produce a report on the value of circular economy in real estate.
The circular economy offers real estate investors a framework for achieving environmental and social goals while delivering better economic performance. How do real estate business models need to change - apart from eco-design - if circular principles are to scale up in this sector?
The report defines five models to improve financial performance to the benefit of real estate investors and construction clients:
- Flexible spaces
- Adaptable assets
- Relocatable buildings
- Residual value
- Performance procurement.