RICS investing in a sustainable built environment (UK/EU)

High level representatives from the Prince of Wales Foundation for the Built Environment, the European real estate industry, financial sector, academia and EU Institutions will discuss the practical implications of investing in energy efficient buildings at an interactive conference organized by RICS (Royal Institution of Chartered Surveyors).

Taking place under the framework of the European Union Sustainable Energy Week 28 January – 1 February 2008, the conference will explore why and how sustainable buildings can make economic sense. In particular, panellists will present the current and future drivers of sustainable investment and explore viable solutions to turn the European real estate market into green and tangible value for everyone.

Sustainable buildings not only maximize utility for their owners and users but also benefit a wider public due to their reduced environmental impact and their potential to generate economic growth and jobs. As energy performance is becoming more important for consumers, businesses are starting to recognise the direct financial benefits of building green buildings and "passive houses". However, there is still a lot of work to be done to fully seize the great value of this sustainable sector.

Louis Armstrong, RICS chief executive says: "We need to take important steps towards greater acceptance of sustainable buildings in the marketplace. This needs to be encouraged by all policy makers, businesses and consumers. Our conference provides an opportunity for us to share the experiences of our members, who work at all levels of a building's lifecycle, including construction, refurbishment, facilities management and valuation.

Source: RICS

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