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By Laurent Rouach, partner and Sustainability Leader, and Philip Mauel, director, Real Estate Advisory Services, PwC
Numerous legislative pressures have recently emerged, prompting real-estate stakeholders to meet the EU’s 20-20-20 target, the 2010/31/EU Directive being the most notable one. Nowadays, all these stakeholders are becoming increasingly convinced that they will benefit from more efficient buildings. As a consequence, non-efficient buildings will be more difficult to market, which will have a direct impact on their market values.
The 20-20-20 target consists of three objectives to be achieved by 2020:
- “A 20% reduction in EU greenhouse gas emissions from 1990 levels;
- Raising the share of...
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