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BUILDING FOR THE FUTURE
Commercial Design
|March 2024
The importance of implementing sustainability in real estate development
As one of the largest industries in the world, real estate’s influence on the environment and society has always been substantial. Sustainability and social responsibility are now shaping the decisions and strategies of property developers around the world. In this context, Berkeley Group, a renowned developer across London, Birmingham, and the South of England, distinguishes itself as a leader in sustainable property development, taking multiple approaches to ensure that new developments add to communities, nature, and the property market as a whole.
LEVERAGING SUSTAINABLE PRACTICES IN PROPERTY DEVELOPMENT
One of the key factors driving the demand for sustainable properties is the long-term value it offers, which extends beyond protecting the environment. Embracing sustainability can have numerous advantages for residents, investors, and other stakeholders. Developing buildings that meet industry standards for sustainability can lower operational costs, as those properties are designed to consume resources more efficiently, from water and heating to electricity and more.
For tenants, having spaces that have high sustainability ratings can result in more resilient communities by adopting clean energy and other sustainable practices, and they can even add to the natural beauty of a space by improving biodiversity.
This story is from the March 2024 edition of Commercial Design.
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