News & Analysis as of

Climate Change Commercial Real Estate Market

DLA Piper

“Greening” Your Leases: The Cornerstone of Climate Resilience and Readiness in Commercial Real Estate

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Many large companies have reported that they are not sufficiently prepared to meet emerging climate-risk reporting and verification requirements, or prepared to take advantage of climate-related opportunities, according to a...more

Skadden, Arps, Slate, Meagher & Flom LLP

2024 Insights: Corporate Trends

Global M&A Activity Endures Headwinds in 2023 and Displays Resilience Going Into 2024 - Despite market headwinds, dealmakers have looked to carveouts, spin-offs, joint ventures and other creative deal structures to engage...more

BCLP

Minimum Energy Efficiency Standards - here to stay or at risk of becoming redundant?

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In September, ahead of the Conservative party conference, Rishi Sunak announced a step back from the Government’s net zero policy and targets.  This was followed up last week by the Government’s formal response to the Climate...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (07/11/23) – The “Ultimate AI Concierge”, Judicial Block on Natural Gas Pipeline and...

In our latest roundup, AI revitalizes a real estate sector, climate change exacts a toll on America’s roads, Las Vegas debuts the world’s largest LED screen, and more!...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Roundup (07/05/23) – A Hospitality Strike in Southern California, Agencies Step in With Lenders...

In our latest roundup, we see promising developments for climate change action in commercial real estate, how homeowners are reacting to new energy concerns, the fallout of the U.S. debt ceiling fight on global M&A deals, and...more

BCLP

MEES, the next chapter: plotting commercial real estate's route to net zero

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1 April 2023 sees the last step in the MEES phase 1 journey come to fruition – meaning that (with limited exceptions) you cannot continue to let sub-standard property (that has an EPC rating below an E) without registering an...more

Holland & Knight LLP

Going Green in Commercial Real Estate: Aim for a Zero-Emissions Building Standard

Holland & Knight LLP on

In order to obtain and maintain a green real estate loan, the loan recipient must construct or renovate existing buildings to have minimal impact on the environment. The ultimate goal for green architecture is to achieve a...more

BCLP

Greening Real Estate - Where are we now? - Energy Efficiency Series - Part 1

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Against the ambitious backdrop set by the Paris Climate Agreement to reach net-0 by 2050, there is a clear drive by corporations to move forward on their environmental, social and governance (ESG) or sustainability...more

Dechert LLP

2022 Golden Turkeys

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It’s Golden Turkey Awards Time, Folks! Our Turkeys are a little late this year but hey, we’ve been busy worrying about the collapse of the world’s economy.  This is the 10th edition of our Turkeys and much thanks to our...more

Dechert LLP

The ESG Climate Change Evolution of Commercial Real Estate Finance: Turning Over New (Green) Leaves

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The Intergovernmental Panel on Climate Change’s Sixth Assessment report, released most recently in spring 2022, sounded the alarm on the current state of the Earth’s climate. Today, with just 1.1 degrees Celsius in warming,...more

Allen Matkins

Sustainable Development and Land Use Update - August 2022 #2

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State launches review of San Francisco’s housing approval practices Bullet SFGate – August 9 The California Department of Housing and Community Development (HCD) is launching an unprecedented review of San Francisco's housing...more

Seward & Kissel LLP

Inflation Reduction Act of 2022 – Implications for Commercial Real Estate

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On July 27, 2022, Senator Joe Manchin and Senate Majority Leader Chuck Schumer jointly announced that they had reached an agreement on the Inflation Reduction Act of 2022 (the “Act”). If enacted in its proposed form, the Act...more

Pillsbury - Gravel2Gavel Construction & Real...

Real Estate & Construction News Round-Up (06/01/22)

Cybersecurity becomes an increasing concern when buying digital land, a significant property tax break in New York is set to expire, climate disclosure mandates in commercial real estate are on the horizon, and more....more

Dechert LLP

Flood Insurance, Commercial Real Estate and Climate Change

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Climate change is forcing the commercial real estate industry to re-think the effectiveness of flood insurance that developers, lenders and investors have relied on for decades. Rising sea levels and more extreme weather...more

Dechert LLP

Climate Change Impact on Commercial Real Estate Finance — What the Industry Needs to Know Today

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It can be difficult for business leaders to assess how climate change will impact commercial real estate finance. The sheer volume of climate information in the public domain is beset with politically charged debate,...more

King & Spalding

New York City and Los Angeles Require New Building Standards to Address Climate Change

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New York City and Los Angeles have announced unprecedented plans to address climate change with an emphasis on greenhouse gas emissions from large buildings. New York City enacted a legislation package requiring certain...more

Dechert LLP

Commercial Real Estate and Climate Change

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God help me, I’m finally writing about climate change. This commentary assiduously avoids the obviously political (we take the view that complaining about and belittling our elected representatives and the permanent...more

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