The retrofit revolution
Sustainable real estate has matured from a niche alternative to mainstream investment strategy in little more than a decade. But in that process the complexities of developing a credible net zero carbon asset have multiplied.
One of those complexities is whether the more sustainable approach – both financially and environmentally – is to refurbish and retrofit rather than building from scratch. With so many elements to consider, particularly with measuring outcomes, it is difficult to arrive at a definitive answer.