In today's climate-aware economy, the environmental footprint of buildings is no longer a background issue—it is central to the future of urban development. With nearly 39% of global energy-related carbon emissions attributed to the built environment, real estate plays a defining role in shaping sustainable cities. Governments worldwide are respond...
Reducing carbon emissions from existing buildings is a crucial step in the global transition towards net zero. With nearly 80% of the buildings that will be in use by 2050 already standing today according to the World Economic Forum, addressing their carbon footprint is essential. The real estate industry currently accounts for 39% of global energy...
According to Our World in Data, the world emits around 50 billion tonnes of greenhouse gases each year, which is equal to the amount of emissions generated by driving a car around the world more than 10 billion times. The emissions today are far above pre-industrial levels, causing earth average temperature to rise and placing ecosystems in a vulne...
In the field of urban economics, it is well understood that real estate prices typically decline with increasing distance from Central Business Districts (CBDs). This relation is largely due to the higher cost and longer time associated with commuting from more distant locations, a key factor in property valuation. Current data shows an evident pat...
Until a few years ago, there was very little movement in the market for office space. After the open-plan office landscape became standard in the late 20th-century, the market trend was mostly about constantly optimizing the density of workplaces because of continuously increasing rents in most cities across the world. Only recently, with the adven...
To hedge, or not to hedge? Although the question is not quite as dramatic as Prince Hamlet's in Shakespeare's masterpiece, it is still a relevant question for any global real estate investor, especially during times when the global financial markets are turbulent and volatility is spiking. Download PDF here Home bias versus international diversific...
The effectiveness of government policies in stabilizing home prices has drawn massive attention among global policymakers. The attention is justified: according to the IMF, despite ever-tightening policy measures in the post-crisis era, supported by cheap financing, global real house prices have recovered to their 2007 peak levels (see Figure 1). A...
Technology has shifted the way people live and work, creating new opportunities for business and driving the economic growth. Twelve disruptive technologies are believed to bring significant economic impacts by 2025 (McKinsey Global Institute, 2013), whereof mobile internet is deemed to imply the largest disruption by allowing for service delivery ...
Global trade disputes are nothing new, as can be seen in the below figure that shows complaints lodged with the WTO since its formation 23 years ago, in 1995. Historically, most disputes were able to be resolved within 15 months, and the party lodging the complaint usually wins. However, the United States recently decided to adopt a vastly differen
Jakarta, as a capital city and Indonesia's economic center, has been a strong magnet for most people in the country to work or to establish a business. However, high land price in Jakarta causes housing become less affordable, thus, living in the outskirts of Jakarta and commuting to the workplace has become a preferred option to many people. The h...