Sustainability in real estate. Trend or future necessity?
Abdulrahman bin Ali Al-Qut
Years ago, talking about sustainability in real estate seemed like a luxury or temporary fad. But today, the equation has completely changed. Sustainable construction has become the foundation on which modern cities are built, and the pillar that ensures real estate returns and resource sustainability for future generations. <In a meeting I attended with a group of real estate developers, one of the investors asked a simple but profound question: " Can a sustainable property achieve better investment returns than a conventional property?" The answer was clear and tangible in numbers.Modern standards of construction and the sustainability of resources for future generations
In a meeting I attended with a group of real estate developers, an investor asked a simple but profound question.
Modern sustainable building standards have become an indispensable standard in global real estate markets. Real estate projects that apply standards such as LEED (Leadership in Energy and Environmental Design) or BREEAM (Building Environmental Assessment Method) are now attracting investors and customers alike.
Why? Because these standards are no longer just slogans, but offer tangible benefits:
Reduced operating costs: Through solar lighting systems, efficient thermal insulation, and water recycling. <Increase the market value of the property: Studies show that sustainable properties increase in value by up to 10-15% compared to conventional properties.
Long-term return on investment: Sustainable real estate requires lower maintenance costs, resulting in a better return for investors in the long run.
Sustainable real estate is not all about sustainability.
But sustainability isn't just numbers, it's also a lived experience. In a recent project I've been following, green spaces were designed to cover more than 40% of the total area. The result? Increased air quality, improved overall health of residents, and an increased desire to live within the project.
<The irony here is that sustainability is not just an environmental commitment, it is a wise economic decision. In a competitive market and rising energy costs, investing in sustainable real estate projects is the smarter choice for the future. <So, is sustainability a trend or a necessity? The answer is simple: It's a necessity. Real estate that ignores sustainability standards today will not be competitive in the future. <The question we must ask today is, are we ready to build cities that not only live in the present, but invest for the future?
