For any investor, measuring opportunity against risk is critical. And for real estate investors in particular, risk is rising exponentially in the age of climate change.
To that end, big real estate firms are pouring significant resources into calculating climate risk and its likely effect on property portfolios — everything from increasingly extreme weather to a rise in sea levels.
"This process will be painful for investors who are caught off guard, but those who are prepared have the potential to outperform," a new report from the Urban Land Institute said. [Source]