Future Proofing Real Estate from Climate Risks

Report Summary: The commercial real estate industry is in the early stages of addressing how to take climate risk into account and what tools to use in investment decision making and management processes. This short document is a preview of a joint research project between ULI’s Urban Resilience program, ULI Europe and ULI member Heitman on the topic, released at ULI’s 2018 Fall Meeting in Boston. The full report will contain a review of current industry practices, lessons learned from leaders in the field and challenges practitioners are likely to face as they incorporate climate risk considerations into investment decision-making processes.