{"id":8386,"date":"2025-05-14T08:08:00","date_gmt":"2025-05-14T06:08:00","guid":{"rendered":"https:\/\/wp.unil.ch\/hecoutreach\/?p=8386"},"modified":"2025-05-14T08:43:43","modified_gmt":"2025-05-14T06:43:43","slug":"understanding-switzerlands-real-estate-transition-through-building-permits","status":"publish","type":"post","link":"https:\/\/wp.unil.ch\/hecoutreach\/understanding-switzerlands-real-estate-transition-through-building-permits\/","title":{"rendered":"Understanding Switzerland&#8217;s real estate transition through building permits"},"content":{"rendered":"\n<p><strong>How can we concretely assess the Swiss real estate sector&#8217;s progress towards carbon neutrality? By using building permit data. This is the aim of the latest white paper of the CRML (<strong>Center for Risk Management Lausanne)<\/strong><\/strong><strong> at HEC Lausanne, published in collaboration with E4S: <em>&#8220;Retrofitting the Future: The Costs, Timelines, and Strategies Shaping Swiss Real Estate&#8221;.<\/em><\/strong><\/p>\n\n\n\n<p>Using more than 45,000 permits issued in 2024, the researchers analyze the real dynamics of renovation in Switzerland: the pace, cost and type of renovation, but also the blind spots in a sector that is key to the Swiss energy transition. After all, although significant trends are emerging in building improvements, few renovations are directly targeting energy efficiency.<\/p>\n\n\n\n<p>The picture is mixed: the shift towards low-carbon buildings has begun, but is still far from sufficient.<\/p>\n\n\n\n<p>The report also highlights the strategic role of real estate investment vehicles (REIVs). &#8220;If REIVs want to achieve the 2050 climate targets, they will need to mobilize an average of 13% of their net worth, for a total of 28.3 billion Swiss francs. But there are wide variations, and some players will need to invest well above this average&#8221;, the researchers point out.<\/p>\n\n\n\n<p>&#8220;By combining recent data and project typologies, we can move from a theoretical and retrospective view to a concrete and prospective reading of the changes underway,&#8221; explains Dr. Nathan Delacr\u00e9taz, co-author of the report with professors Eric Jondeau and Fabio Alessandrini of the CRML at HEC Lausanne.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">A consistent approach built over time<\/h2>\n\n\n\n<p>This report is part of a series of initiatives developed by the CRML to make the sector more transparent, measurable and sustainable:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>PRESS Scores<\/strong>, a comprehensive ESG evaluation of over 126 Swiss real estate funds<\/li>\n\n\n\n<li><strong>the PRESS Index<\/strong>, the first sustainable stock market index based on environmental and social performance<\/li>\n\n\n\n<li><strong>the white paper on ES scores <\/strong>entitled <em>The Building Stock of Swiss Real Estate Investment Vehicles: Characteristics and ES Scores<\/em>, with in-depth analysis of the 20,000 buildings managed by real estate investment vehicles to identify regional disparities and priorities for action.<\/li>\n<\/ul>\n\n\n\n<p>All these tools have one thing in common: they help decision-makers to act on concrete, quantified and comparable bases. In the course of these publications, a common goal emerges: to make the levers of change visible and to equip those who want to activate them.<\/p>\n\n\n\n<p>The CRML researchers conclude: &#8220;While REIVs are now unavoidable, their impact will depend on their ability to adopt the right strategies: between <strong>rebalancing <\/strong>by adjusting portfolios (via purchases and sales), renovating existing buildings, <strong>developing <\/strong>new high-performance properties, or <strong>adding value to underperforming <\/strong>assets to improve their impact.&#8221; <\/p>\n\n\n\n<p>White Paper and further information on <a href=\"https:\/\/crml.ch\/real-estate\/\">the CRML website<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>How can we concretely assess the Swiss real estate sector&#8217;s progress towards carbon neutrality? By using building permit data. This is the aim of the latest white paper&hellip;<\/p>\n","protected":false},"author":1001243,"featured_media":8408,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[894,936,934,929],"tags":[],"class_list":{"0":"post-8386","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-centers","8":"category-esg","9":"category-finance-and-insurance","10":"category-research"},"_links":{"self":[{"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/posts\/8386","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/users\/1001243"}],"replies":[{"embeddable":true,"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/comments?post=8386"}],"version-history":[{"count":3,"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/posts\/8386\/revisions"}],"predecessor-version":[{"id":8426,"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/posts\/8386\/revisions\/8426"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/media\/8408"}],"wp:attachment":[{"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/media?parent=8386"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/categories?post=8386"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wp.unil.ch\/hecoutreach\/wp-json\/wp\/v2\/tags?post=8386"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}