Why renovate rather than build new?
The built environment is responsible for 40% of global C02 emissions, 33% of global waste, and nearly 50% of all extracted materials.
Prioritising renovation and transformation over building new plays a vital role in decarbonising the construction sector and its gaining momentum. Renovating existing buildings not only reduces carbon emissions and waste compared to building new but can also be more cost effective and attractive to tenants.
This combined with legislation, like the Corporate Sustainability Reporting Directive (CSRD) and Energy Performance of Buildings Directive (EPBD) demanding smarter construction resource management, impacts real estate portfolio owners and investors. The business case for renovation is clear – the time is now to respect, review and renew.
The case for renovation and transformation
Understand the financial, legislative, and sustainability drivers making renovation an attractive choice.
Watch the video to learn more.
Real estate renovation at a glance
Respect
Renovate, reuse, or build new?
Explore how you could best manage your asset - click through the test below (source: Mayor of London)
Is the existing building already on site?
Is the existing building already on site?
Mari Brandl
Senior Director, Existing Buildings, Transformation
+45 5161 1000
Denmark
Heidi-Johanna Jokelainen
Director, Existing Buildings
+358 44 5363055
Finland
Yu Huang
Director, Buildings
+65 9835 1835
Singapore
Jessica Bergendahl
Sector Lead Existing Buildings
+46 70 29 461 26
Sweden
Lars Boberg Hov
Head of Department, Building Services
+47 95 74 63 16
Norway