MIPIM 2022 (21 MB)

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Positions & Opinions About the author Markus Mendel is Managing Director of EHL Investment Consulting EHL Investment Consulting GmbH and in this function entirely responsible for the Investment/Capital Markets division.. Impact of the European Green Deal on real estate investments Kommentar: Markus Mendel The European Union‘s Green Deal and the related EU Taxonomy Regulation will have a lasting impact on the real estate investment market. Enormous efforts will have to be made to achieve the EU‘s climate targets by 2050, while at the same time creating sustainable growth. However, a taxonomy-compliant, „green“ and thus sustainable investment is usually also associated with higher investment costs. Subsidies on the investment and financing side are intended to create corresponding incentives for market participants to implement sustainability goals. Real estate is particularly affected by this development, as the long useful life of buildings has a substantial impact on CO₂ consumption and the careful use of limited resources. This starts with the construction of the property as well as the raw materials used for it and continues through the use of the buildings, which usually last many decades, during which approximately 65 to 70 percent of the resource consumption takes place. This is why it is so important to set the right course during the development of a property, as its consequences will be felt over an extremely long period of time. The EU taxonomy bundles these trends toward sustainability, which we have already been increasingly following in the real estate industry for several years. It will ensure that in the foreseeable future, development will only be ESG-compliant and thus sustainable, and sustainability will also become a central objective in refurbishments. Demand for properties that meet these ESG requirements is already outstripping supply, and this trend will continue in the future. EU taxonomy already been clearly noticeable Similar to office leasing, where confirmation of sustainable construction and management through appropriate environmental certificates has been „state of the art“ for many years. This standard is also increasingly found in the institutional investment requirements, but also gradually for private investors - regardless of the specific type of use. Thus, there is a lot of pressure on developers to focus intensely on sustainability and energy efficiency in all facets of their planning in order to be able to deliver a product that is in line with the market and that will be rewarded both by its users with attractive rents and by investors with good returns. The influence of the EU taxonomy has already been clearly noticeable for some time in the decisions of portfolio managers of large institutional investors. Strategies and investment programs are currently being developed to make real estate portfolios ESG-compliant. In some cases, de-investment choices are also being made to dispose of inadequate portfolios or individual properties and thus to clean up the portfolio or, in other words, to meet the ESG specifications. 42 ImmoFokus
Join us at <strong>MIPIM</strong>, Cannes, 15.–18.3.<strong>2022</strong>, stand R7.E2, Espace Riviera www.erstegroup.com Take new perspectives to find new possibilities in real estate. We see the big picture and manage the details that are necessary to develop commercial real estate projects all over Central and Eastern Europe. Erste Group offers financing solutions for your visions across the entire real estate value chain. Time to believe. Time to invest.
Page 1 and 2: MIPIM 2022: Special digital edition
Page 3 and 4: Global Players. Local Heroes. A pri
Page 5 and 6: 22,000 sqm of office space, approx.
Page 7 and 8: Wir leben Know-how. Den Durchblick
Page 9 and 10: INNOVATION HUB IHR NEUES BÜRO IM H
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Page 13 and 14: management the beginning of the pan
Page 15 and 16: Have any of your tenants or owners
Page 17 and 18: a mediator. Bringing tenants and ow
Page 19 and 20: IMMOBILIENBEWERTUNG. Warum wir? Wei
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Page 23 and 24: "The investment market is certainly
Page 25 and 26: „Take the legislative initiatives
Page 27 and 28: Volume bandwith 2010 2011 Neverthel
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Page 33 and 34: Selected investment transactions 20
Page 35 and 36: C urrently, the database covers new
Page 37 and 38: STYRIA 1-2 room apts: 37 % 3 room a
Page 39 and 40: UPPER AUSTRIA 1-2 room apts: 36 % 3
Page 41: REMAX Forecast - Vorarlberg The pri
Page 45 and 46: Christie and Co Austria. Obviously,
Page 47 and 48: “Sustainability hasn‘t really b
Page 49 and 50: so I can finally travel to Vienna a
Page 51 and 52: eal estate, reports Karina Schunker
Page 53 and 54: in the market. „Many new players,
Page 55 and 56: „Institutional providers are dema
Page 57 and 58: in building technology will expand
Page 59 and 60: T hus, on the one hand, there are o
Page 61 and 62: | MT12-01G | Vom Konferenzraum …
Page 63 and 64: Rentals 2021 (selected examples) Pr
Page 65 and 66: Join us at MIPIM, Cannes, 15.-18.3.
Page 67 and 68: MIPIM 2022 Creating the future buil
Page 69 and 70: 1 We are optimistic about 2022: Our
Page 71 and 72: 1 We continue to see strong momentu
Page 73 and 74: 1 I am an optimistic person - despi
Page 75 and 76: 1 As everyone in the industry knows
Page 77 and 78: 4 Topic number 1 is and remains ESG
Page 79 and 80: 1 Rather optimistically. The cut-th
Page 81 and 82: 1 We are starting the new year with
Page 83 and 84: 1 After an outstanding investment y
Page 85 and 86: 1 The year 2022 begins with the obv
Page 87 and 88: 1 Personally, I am not quite as opt
Page 89 and 90: 3 An ESG audit of real estate is no
Page 91 and 92: Die transparente Bauprojektdatenban

MIPIM 2022 (21 MB)

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