Turning obsolescence into value for society, nature, climate – and investors
The UK & Europe’s EU’s housing and workspace requirements for the next 15 years could be met by redeveloping brownfield sites and repurposing vacant office space, creating a €4 trillion opportunity for investors.
Urban regeneration represents a significant—and untapped—opportunity for investors with a long-term horizon and a strong focus on urban economies, real estate, and infrastructure to fulfil their fiduciary duty to generate financial value while meeting increasing demands for sustainable or even ‘regenerative’ credentials. The report makes a powerful case for investors to:
• Treat urban regeneration as a dedicated asset class, recognising its varied risk profiles
• Strengthen due diligence and risk mitigation mechanisms to address specific risk and success factors of urban regeneration projects
• Build a pipeline of high-potential projects by identifying strategic locations and development partners.
• Prioritize projects with a strong focus on place making, developed in close collaboration with local stakeholders, to create lasting economic, social, and environmental value.