Nine in 10 commercial real estate occupiers in Asia Pacific are targeting 100 percent green-certified portfolios by 2030

Corporate net-zero carbon (NZC) goals are driving ambitious portfolio decarbonization strategies for occupiers in Asia Pacific, leading to a significant gap between supply and demand for sustainable buildings in the region. The mismatch between supply and demand will drive strong competition among occupiers seeking low-carbon office spaces in the years leading up to 2030.

According to JLL, 87 percent of occupiers surveyed across Asia Pacific are targeting 100 percent green-certified portfolios by 2030, up from 4 percent of certified portfolios currently. The sentiment is particularly strong in countries including India, Malaysia and Thailand, with more than 95 percent of occupiers targeting 100 percent green-certified portfolios.

The challenge, revealed by JLL’s analysis, shows that across Asia Pacific, for every 5 square feet of demand, only 2 square feet of low-carbon space is in development from now until 2028.

The new research builds on