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
Learn how data and technology-led sustainability not only benefits the environment, but increases building resilience and profit too.
5 key steps to futureproofing buildings with investments that will deliver value and prepare your organization for further top line growth.
Welcome to Switch Spotlight, where we share our journeys in the smart building industry and what it’s like working at Switch!
Countries are enforcing net zero carbon mandates to combat global warming. And since buildings are significant CO2 contributors, the real estate industry must decarbonize.
With data theft and other cybercrimes, here’s how organizations can use PropTech to safeguard their systems in smart buildings.
Which maintenance is the best fit for your organization? Organizations are consistently looking to improve and make more energy-efficient decisions.
Smart energy efficiency solutions to cut costs, reduce energy waste, and improve building performance with smart analytics and building automation.
Boost energy efficiency in commercial and retail buildings and create healthier spaces. Every kilowatt saved moves us toward a sustainable future!
Smart building technology is constantly evolving and improving, and there are several trends that are expected to take center stage in 2023.