Climate Risk and commercial property values: a review and analysis of the literature

Clayton, J., Devaney, S. ORCID: https://orcid.org/0000-0002-1916-2558, Sayce, S. and Van de Wetering, J., (2021) Climate Risk and commercial property values: a review and analysis of the literature. Report. United Nations Environment Programme Finance Initiative

Abstract/Summary

This review of existing literature provides real estate practitioners and investors support in understanding the physical risks arising from climate change with a specific focus on how these risks affect commercial real estate asset values and prices. It also offers recommendations for next steps by market actors, policy makers and researchers connected with commercial real estate to guide future cross-sector engagement and research.