As more companies move to remote or hybrid practices, what happens to the office space that's left behind? Studies indicate that 20% of commercial office spaces could become obsolete within the next decade, leading to "stranded assets" as building owners fail to keep up with market shifts, technological advances or regulatory changes. Real estate assets unable to adapt to sustainability criteria in particular risk becoming stranded. Key sustainability measures like energy efficiency, renewable energy adoption and minimizing carbon footprints can help building owners mitigate financial, regulatory or market and tenant demand risks. In the transition to a #netzero economy, stranded assets are inevitable, but owners can get ahead of these challenges while unlocked value by advancing strategic retrofits through innovative financing, transforming obsolete properties into vibrant, sustainable and economically viable assets. Forbes / Ali H. outlines the value that can be unlocked by repositioning stranded office buildings through sustainability. Give it a read, and get in touch to learn how we can help unlock your efficiency potential. https://lnkd.in/gAHdevRx #energyefficiency #strandedassets #assetmanagement #sustainability #ESG #retrofits #commercialrealestate #office
