ESG factors have become increasingly important in the real estate industry, affecting every stage in a property’s lifecycle from financing to permitting, construction to leasing, and sale to demolition. Every stakeholder including investors, governments, tenants, and service providers now weigh ESG in their decision-making process.
Bisnow looks at the implications of the Western drought on the CRE market. Google is asking employees to share desks as it downsizes its office footprint, reports CNBC. These are among today’s must reads from around the commercial real estate industry.