ULI and LaSalle provide framework for real estate industry to assess climate risk
A new report from the Urban Land Institute (ULI) and LaSalle Investment Management outlines steps real estate practitioners can take to better manage climate risk in their portfolios and suggests ways in which climate risk providers can better serve the real estate industry.
Based on the insights of real estate managers and climate data providers across the globe, How to Choose, Use and Better Understand Climate-Risk Analytics comes as real estate investors are recognizing the need to incorporate the physical risks associated with climate change — including wildfires, hurricanes and excessive heat — into their business models. Accordingly, having reliable data and analytics tools to assist in this process is becoming an increasingly important consideration.
“Over the past few years, climate analytics tools have transformed