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 - a report by Arup
Arup has joined forces with the Ellen MacArthur Foundation to produce a report on the value of circular economy (CE) in real estate.
CE 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 CE 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.