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ULI to create climate transition tool for real estate

2nd May 2024

The Urban Land Institute (ULI) Europe has teamed up with sustainability analytics specialist Synergetic to create a new tool for integrating climate transition into the financial models for real estate.

The free-to-use ULI Preserve tool will be developed in collaboration with Mott MacDonald and CBRE UK Valuations Advisory as part of the ULI's C Change initiative. 

It will enable real estate companies to quantify the financial impacts of the opportunities and risks associated with the net zero transition. This would allow for risks, such as future energy costs and demands, potential rent movements, carbon pricing and capital expenditure, to be integrated into investment decision making.

Sophie Chick, vice president, ULI Europe, said: “There is a lack of consistency in the way that transition risks and opportunities are being integrated into business plans across the industry. The Preserve tool aims to create a level playing field for all, helping to facilitate and champion the wide adoption of transition risk assessments across all players and avoid the risk of any disadvantages. We see Preserve as providing an essential resource for everyone to implement the transition risk guidelines in a practical way.”  

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