London Property - Home of Super Prime

Avoid Stranded assets : The Sustainability Health Check in collaboration with Basil Demeroutis

February 21, 2024 London Property - Home of Super Prime Season 10 Episode 10
London Property - Home of Super Prime
Avoid Stranded assets : The Sustainability Health Check in collaboration with Basil Demeroutis
Show Notes

In their conversation, Farnaz Fazaipour and Basil Demeroutis delve into the critical realm of sustainability within real estate. Basil outlines FORE Partnership's mission, established over a decade ago, to reshape real estate into a sustainable sector while still driving profitability. Their strategy involves rejuvenating brownfield properties, boosting energy efficiency, and amplifying social impact to craft resilient assets for the future. 

Basil underscores real estate's significant role in environmental harm, noting alarming statistics like its contribution to 40% of UK greenhouse gas emissions and 60% of landfill waste. He discusses forthcoming regulations designed to propel sustainability, including energy efficiency standards and reporting mandates for larger firms.

These regulations will reshape the industry, potentially rendering many buildings obsolete without upgrades. FORE Partnership, leveraging its expertise, collaborates with London Property to offer advisory services. They assist property owners in navigating regulations, ensuring their investments remain viable by offering sustainability health checks, crafting business plans, and providing funding solutions.

Through this partnership, they empower property owners to make informed choices and integrate sustainability into their portfolios.

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