Edward Farrelly, Ashley Hegland, Darryl Parrant, Iris Teo, Nick Brooke, Rico Chan
Risk within Real Estate is evolving and this presents many challenges to stakeholders. The impact from more frequent extreme weather events needs urgent attention to bring about long term solutions, while the ongoing pandemic has changed the way we live, work, and play. Other risks, such as cyber, have become more prominent as a result of the changes we are experiencing.
Awareness of how these risks are priced into investment decisions is increasing as investors consider the ability of assets to generate income in a shifting risk environment. Resilience, and the extent to which a building can resume operations after a loss event, therefore factors prominently in the valuation and value of an asset.
Resilience is also a key criteria pre-development, and can drive locational decisions in risk exposed areas. This has implications for the built environment, communities, and cities. As such, mitigation measures and contingency plans require careful consideration, by both public and private entities.
While any of these issues present considerable challenges, they also present opportunities for those willing and able to act now. Join this webcast to hear from industry experts - insiders representing a cross-section of Real Estate - to find out more about some of the ways you can enhance resilience and value for your properties.