Reimagine the potential
Renovation rather than building new is key to decarbonising the construction sector.
The Renovation Assessment Guide helps property owners and investors evaluate the business case for renovation and provides insights on mitigating risks and maximising rewards.
Why renovate rather than build new?
The built environment is responsible for 40% of global C02 emissions, 33% of global waste, and nearly 50% of all extracted materials.
Prioritising renovation and transformation over building new plays a vital role in decarbonising the construction sector and its gaining momentum. Renovation usually requires less materials than new build and is therefore less exposed to the risk of supply chain disruptions caused by current geopolitical issues. In addition, renovation is often more cost effective and attractive to tenants than building new.
Legislation like the EPBD (Environmental Performance of Buildings Directive) means that carbon will be measured and tracked for new buildings. Furthermore, the EU ETS (Emissions Trading Scheme), which targets high carbon materials, could significantly increase construction supply chain costs. The business case for renovation is clear – the time is now to respect, review and renew.
The case for renovation and transformation
Understand the financial, legislative, and sustainability drivers making renovation an attractive choice.
Watch the video to learn more.
Real estate renovation at a glance
Respect
Renovate, reuse, or build new?
Explore how you could best manage your asset - click through the test below (source: Mayor of London)
Is the existing building already on site?
Is the existing building already on site?
FEATURED ARTICLES
Financial benefits of building renovation
Green building
Danish study reveals the environmental and economic benefits of renovating properties compared to building new properties
The business case for less new build
Corporate strategy
Three steps to meet increasing legal standards, while boosting profits and slashing embodied carbon
Navigating building transformation
Architecture services
Discover the benefits of transforming buildings, the obstacles asset owners typically face, and how to overcome them
FEATURED ARTICLES
RENOVATION INSPIRATION
Pioneering sustainable retrofitting for net zero strategy
Project
United Kingdom
Transforming army barracks into a five-star resort
Project
Singapore
From school to retirement residences
Project
Denmark
MEET YOUR LOCAL EXPERT
Claire Racine
Head of Sustainability, Buildings UK
+44 (0)7483 483060
United Kingdom
Mari Brandl
Service Line Director
+45 5161 1000
Denmark
Heidi-Johanna Jokelainen
Service Line Director, Transformation and Public Buildings, FI
+358 44 5363055
Finland
Yu Huang
Director, Buildings
+65 9835 1835
Singapore
Jessica Bergendahl
Head of Growth and Business Development, Transformation & Public Buildings, SE
+46 70 29 461 26
Sweden