Energy availability and security is fast becoming a defining factor in commercial real estate decision-making, with critical implications for project viability, property values and building performance. JLL’s new research, Where energy meets property, reveals how today’s power crunch is reshaping the industry and the challenges and opportunities for owners, developers and occupiers across all major sectors.
JLL identifies four structural forces disrupting the energy sector and the traditional role of commercial real estate: electrification and accelerated load growth; both physical and process-oriented grid constraints creating development bottlenecks; decarbonization and clean power deployment; and the digitalization and decentralization of energy systems. These forces are creating the “perfect storm” by significantly
