What to do to generate sustainable real estate development?

This March 4th is World Engineering Day for the Sustainable developmentwhich is a date to put in context the challenge that the real estate to support the decarbonization of modern life.

According to him Paris Agreement, one of its goals is to reduce polluting emissions by 2050; however, for the real estate This goal seems complicated, since figures from the United Nations (UN) indicate that contrary to this goal, the demand for energy in buildings has increased and carbon dioxide emissions from property operations have risen considerably.

“The building and construction sector is not on track to achieve decarbonization for (the) 2050. And there is an ever-widening gap between the observed performance and the desirable course,” details a recent UN report.

Demand exists, but…

According to the firm DD360, which is a platform for financing and managing residential projects, there is an increasing growth in demand that seeks spaces that are friendly to the environment, that are sustainable, energy efficient and with a positive environmental footprint.

“This is a growing trend derived from the advantages and benefits that it generates for both real estate developers as, of course, for those who inhabit those buildings later,” the firm detailed in an analysis.

For DD360, not only in sustainable spaces An upward trend is beginning to be noticed in demand, but also in different verticals, since, according to Accenture data, 61% of consumers globally prioritize the purchase of products with a positive ecological footprint.

In this context, DD360 pointed out that a sustainable real estate development is defined as:

“Those properties that during their construction manage to minimize their negative impact on the environment in the environment in which they are developed. This is achieved through energy efficiency, either passively through the use of trees, natural light and currents of air, and in an active way thanks to the elements of the architecture and the technology used in the development”.

Likewise, the firm noted that the sustainability it is also achieved through the intelligent use of space and conscious planning of the construction, with the use of natural resources instead of destroying them at the time of construction.

Within its analysis, DD360 stated that, according to the College of Architects, the sustainable developments generate benefits such as:

• CO2 generation reduction.
• Greenhouse gas production.
• Reduction of up to 30% in energy consumption.

“This, according to the same source, also derives in a social benefit in terms of demand for municipal infrastructures and services, since by consuming less water they produce less wastewater than other traditional buildings,” DD360 said.

Technology, key factor

According to DD360, technology can be essential to be able to support the real estateespecially developers, to generate a more sustainable ecosystemwith tools such as a verified information system.

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“(This tool) provides access to data on the locations of outdoor areas such as sports facilities, the density of central and lateral ridges, areas with vegetation and groves, as well as public and private gardens,” the firm highlighted.

Data collected and presented in the analysis indicate that, although in Mexico City there are areas in the capital with up to 80% green area on their surface, in others the percentage is 42%, which may be a factor of decision for the developer on what type of building to develop.

“With this overview, the developer will have much more knowledge of the area in which they intend to build or in which they are looking to buy, to then execute a strategy focused on preserving these resources and not come with a project that threatens those ‘green’ characteristics. ‘ from the environment,” he said.