What does a global crisis mean to property owners, investors and managers in terms of practical cost however? Climate change will certainly impact property value in the next 30+ years, as the cost of protecting communities against flooding and wildfires will be an expense these neighborhoods and the taxpayer are certain to bear. And while property investors are still investing in high risk areas, locations like Miami Beach could be underwater in a matter of decades, causing untold damage to commercial portfolios around the world.
Real estate companies urgently need to act now to protect their investments. Even if your buildings aren’t at risk of flooding or natural disasters, a deeply uncertain property market and falling occupant demand still pose a serious threat to your commercial portfolio’s value moving forward. If we’re on the verge of a market crash, how many millions of dollars will your portfolio stand to lose?
Talk to a smart building expert to learn more about how Switch helps portfolio managers reach their sustainability goals.
5 articles found
Smart building technology is constantly evolving and improving, and there are several trends that are expected to take center stage in 2023.
When it comes to being a building owner or operator, you have a lot to balance.
Switch team had the pleasure of participating in the Blueprint 2022 in Las Vegas last September, convening with the industry's thought leaders and key companies
Switch celebrates Wear It Purple Day 2022—an international movement of expression, celebration and support.
A good building management app helps commercial property managers streamline operations, save time and cut costs. Select the right one by following these tips.
With the onset of climate change to drive the global sustainability agenda, energy consumption in the educational sector is both an environmental and financial concern for schools and universities. How can universities leverage the adoption of intelligent building technology to improve energy efficiency?
Smart building technology is constantly evolving and improving, and there are several trends that are expected to take center stage in 2023.
When it comes to being a building owner or operator, you have a lot to balance.
Switch team had the pleasure of participating in the Blueprint 2022 in Las Vegas last September, convening with the industry's thought leaders and key companies