Cretech climate

CREtech Climate Survey Provides Insights on the Future of Climate Investments Within the Real Estate Industry

New York, NY (May 20, 2021) — CREtech Climate (cretechclimate.com), the largest platform devoted to educating and inspiring investment in climate tech, sustainability and ESG throughout the Built World, published today the findings from a survey CREtech conducted in partnership with the Urban Land Institute and Fifth Wall. The survey results, released in a report titled The Future of Real Estate Investment in Climate Tech, provide insights on the trajectory of climate tech within the industry. 

Real estate companies worldwide participated in the survey and represented over 7.9 billion square feet of space and over seven asset classes. The survey assesses how the real estate industry is currently addressing the critical issue of climate change through real estate tech investments - including renewable energy, building automation and IoT, efficient heating & cooling, and smart building technologies. 

The report, which is free to download, highlights key stats, including the following:

“The results of this survey are groundbreaking and provide us with the insights needed to drive actionable change and ensure that the real estate industry can achieve widespread carbon reductions through investments in new and evolving climate technologies,” commented Michael Beckerman, CEO, CREtech Climate. “As we embark on this journey to decarbonize the built environment, it is important to emphasize that emerging climate technologies will be the lifeline to protecting and enhancing our environment for future generations,” Beckerman added.

Through the insights provided by survey participants and global leaders around current sentiments and investment strategies, the survey addresses the industry’s impact on the environment to better inform future decision-making processes that support a path to decarbonizing the built environment.

“I am immensely appreciative to our partners ULI and Fifth Wall who partnered with us in this effort, and to all of the individuals and organizations who participated in our research.  The survey results will be instrumental in benchmarking and shaping the future of climate technologies in the industry, and we are eager to see the conversations and ideas they spark,” Beckerman concluded.

Download the full report here. 

About CREtech Climate

CREtech Climate serves as the “voice” of the real estate industry’s commitment to climate tech by developing a global consortium of thought-leaders, policy makers, venture capitalists, startups, and real estate companies. The overriding goal of CREtech Climate is to significantly reduce the industry’s carbon footprint by driving investments and encouraging the adoption of climate technologies as well as ESG/Sustainability initiatives.

About CREtech

CREtech is Reimagining Real Estate. We are the largest international community of professionals devoted to technological innovation in the real estate sector. Our mission is to help the industry embrace, adopt, and future proof its businesses. Our streaming, live/virtual events, and consulting platform inspires the next generation of ideas, processes, and people to champion the world's largest asset class.

About the Urban Land Institute

The Urban Land Institute is a global, member-driven organization comprising more than 45,000 real estate and urban development professionals dedicated to advancing the Institute’s mission of shaping the future of the built environment for transformative impact in communities worldwide. ULI’s interdisciplinary membership represents all aspects of the industry, including developers, property owners, investors, architects, urban planners, public officials, real estate brokers, appraisers, attorneys, engineers, financiers, and academics. Established in 1936, the Institute has a presence in the Americas, Europe, and Asia Pacific regions, with members in 80 countries. The extraordinary impact that ULI makes on land use decision-making is based on its members sharing expertise on a variety of factors affecting the built environment, including urbanization, demographic and population changes, new economic drivers, technology advancements, and environmental concerns. Peer-to-peer learning is achieved through the knowledge shared by members at thousands of convenings each year that reinforce ULI’s position as a global authority on land use and real estate. In 2020 alone, more than 2,600 events were held in cities around the world.  Drawing on the work of its members, the Institute recognizes and shares best practices in urban design and development for the benefit of communities around the globe. 

More information is available at uli.org.

About Fifth Wall

Founded in 2016 and based in Los Angeles, California, Fifth Wall, a Certified B Corporation, is the largest venture capital firm focused on technology-driven innovation for the global real estate industry. With approximately $2.5 billion in commitments and capital under management, Fifth Wall connects many of the world's largest owners and operators of real estate with the entrepreneurs who are redefining the future of the Built World. Fifth Wall is backed by a global mix of more than 70+ investors from 15 countries, including Acadia Realty Trust, Azora, BNP Paribas Real Estate, British Land, CBRE, Cushman & Wakefield, D.R. Horton, Equity Residential, Gecina, GLP, Hines, Host Hotels & Resorts, Hudson Pacific Properties, Ivanhoé Cambridge, Jamestown, Knight Frank, Lennar, Lowe's Home Improvement, Macerich, Marriott International, MERLIN Properties, MetLife Investment Management, Mitsubishi Estate, News Corp, MOMENI, Nuveen Real Estate, PGIM Real Estate, Pontos Group, Prologis, PulteGroup, Related Companies, SEGRO, Starwood Capital, Toll Brothers, Vanke, and others. Fifth Wall believes this strategic corporate consortium represents one of the largest groups of potential partners in the global Built World ecosystem, which can result in game-changing investments and collaborations in promising portfolio companies in retail, residential and multi-family, commercial, industrial, hospitality, and more. For more information about Fifth Wall, its partners, and portfolio, visit www.fifthwall.com.

Download the full report.

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