top of page
< Back


Save this article  > 

Capital Markets Ponder Net-Zero Assets

Alison Chave, Dave Black, Hugues Delmaire, Karen Saarkoppel and Vivian Patel
Publication date:
November 29, 2022
Article Summary: 

The commercial real estate industry and capital markets must work together to transition Canada's building stock to low-carbon, climate-resilient assets that provide both safe havens for occupants and returns for investors. A discussion paper from JLL Canada looks at some of the key issues, challenges, and communication gaps around valuation, financing, and finding the right metrics to steer new approaches. Buildings account for 40% of global greenhouse gas (GHG) emissions, but, within cities, the built environment accounts for a higher proportion still, and in major hubs such as London and Tokyo, real estate can account for more than 70% of urban emissions. The paper examines how the commercial real estate industry values the built environment, with appraisal and financing processes providing a strong behavioural lever if practitioners learn to integrate the real impact of the zero-carbon and ESG components, and investors are prepared to accept conclusions that may be ahead of market trends.


Valuing Net-Zero Assets, Capital markets, Commercial real estate industry, GHG emissions, Sustainability, ESG commitments, Appraisal, Financing, Green loans, Certification, Key performance indicators, NZC components, Qualitative and quantitative data, Asset valuation.

Source Citation: 
Alison Chave, Dave Black, Hugues Delmaire, Karen Saarkoppel and Vivian Patel
Capital Markets Ponder Net-Zero Assets
November 29, 2022
Did you find this article useful? 
Your feedback is important not only to us, but to all the other key players in the condo industry.  Help us by letting us know if this article is relevant and useful.  This will help us prioritize articles that provide helpful guidance to other key players like you. 

Please login to use this feature.

bottom of page