Commercial property to undergo ESG-driven ‘revolutionary change

1st June, 2022 | No Comments

The full article can be viewed on The Property Tribune

Issues surrounding Environmental, Social and Governance (ESG) in commercial property was a strong theme at the Property Funds Association (PFA) 2022 Conference in Cairns.

Notably, ESG was being driven by tenants, developers and even investors.

Quintessential Equity Executive Chairman Shane Quinn said ESG is the next ‘revolutionary change’ in office buildings.

“We see a revolutionary change in building materials, to reduce the carbon footprint of a created building on day one of its completion,” said Mr Quinn.

“Office property was changing pre-pandemic, but the push towards ESG buildings will accelerate and office buildings will increasingly need to demonstrate their commitment to ESG and adapt to ESG if they are to remain relevant.”

Continue reading the full article via the source – The Property Tribune

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