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Progress on the decarbonisation of realestate portfolios is being held back by a lack of understanding and collaboration between property owners and occupiers, according to a new report from the Urban Land Institute C Change programme.
Construction has already started on the scheme, which is scheduled for completion in 2026 and will contain 131,000 sq ft of laboratory and office space across six floors. The southern portion of the site became a logisticsestate named Global Logistics and was acquired by Icon Industrial in 2017.
The report – Emerging Trends in RealEstate Europe 2025 outlines how market players believe ‘a new normal’ is emerging as valuations have come down and interest rates regain some level of predictability in a market characterised by higher inflation and interest rates, and geopolitical and economic uncertainties.
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