As the world becomes increasingly aware of the effects of climate change, the need for sustainable development is growing in all industries.
Real estate is one of the most critical industries to focus on for sustainable development, accounting for around 40% of global energy consumption and 30% of global greenhouse gas emissions. This is where circularity comes into play.
What is circularity?
Circularity is a concept that aims to create a closed-loop system in which waste is minimized and resources are reused, recycled or recovered.
It involves designing products, buildings and cities in ways that minimize waste and maximize the use of resources. In the real estate context, circularity implies designing buildings that are not only energy efficient and environmentally friendly, but are also designed to be reused and recycled at the end of their life cycle.
Transforming the real estate sector towards circularity
Real estate is an industry that has traditionally focused on short-term profits and benefits.
However, there is growing awareness of the need for long-term sustainable development, and circularity is at the forefront of this movement.
The goal of circular real estate is to create buildings that are not only environmentally friendly, but also designed for a circular economy.
Circular real estate involves the use of sustainable building materials, such as recycled or reused materials, and the design of buildings that can be easily disassembled and reused at the end of their life cycle.
This involves the use of modular construction, which allows for easy disassembly and reassembly, as well as the use of digital design and construction technologies that enable precision and accuracy in building design.
Advantages of circularity in the real estate sector
Circularity in real estate offers a number of benefits, including: Waste reduction: the goal of real estate circularity is to minimize waste by designing buildings for disassembly and reuse.
This reduces the amount of waste that ends up in landfills and reduces the need for new resources.
Lower carbon footprint: By using sustainable building materials and designing buildings for energy efficiency, circular real estate can significantly reduce its carbon footprint.
Cost savings: Circular real estate can reduce costs associated with waste disposal, energy consumption and resource use.
Increased property value: Circular real estate can increase property value by creating sustainable buildings that are attractive to tenants and buyers.
Positive impact on the environment: Circular real estate can have a positive impact on the environment by reducing waste and greenhouse gas emissions.
Circularity in the real estate sector as a pillar of sustainable development
Circularity is the future of sustainable development in real estate.
It offers a number of advantages, such as waste reduction, reduced carbon footprint, cost savings, increased property value, and a positive impact on the environment.
As the world continues to focus on sustainable development, real estate circularity will become increasingly important in creating a sustainable future for all.
Ineria Management offers advisory services and support in the implementation of sustainable practices in construction projects.
We help our clients to maximize the ESG performance of their buildings, energy efficiency and decarbonization, as well as to obtain the most important sustainability certifications.We are also leaders in BREEAM SPAIN consultancy , a very important tool for building owners and designers seeking to improve the sustainability of their projects and obtain BREEAM certification.
