Problem area
Identify top commercial real estate firms integrating physical climate risk assessments into investment, development, and asset management decisions. Provide case studies of best practices.
There are a plethora of Physical Climate risk tools being used by CRE companies today (e.g. First Street, Munich RE, Jupitar, Measurabl, ClimateFirst, Climafin). The top CRE companies have a baseline understanding of physical hazards and risks across their portfolio. What they don’t yet have is an ability to effectively incorporate this information into investment, development and asset management decision making. Who are the top CRE companies at incorporating physical climate risk information into their investment, development and asset management decision making? How are they doing this? Are there any case studies that can be told about real world examples? (e.g. a Canadian diversified CRE owner divested of a multi-res portfolio in the southwest US, in part, because of physical climate risks and here is how they did it).
Project details
More information about this project will be shared during the kickoff meeting. Students will receive all the details they need at that time.