Since issues like climate change, scarcity of resources or social problems in megacities have entered the mainstream media the general public became more sensitised to questions relating to sustainable development. This has also led to an intense debate within the property industry. In the past, the sustainability discourse was often focused on the contribution and role of designers and the construction and building materials industry. The rather abstract concept of sustainable development has been, at best, formally included within corporate goals and missions. In the meantime, however, the important role of private and institutional investors, banks, insurance agencies and governmental authorities is increasingly being recognized; not only by academics but also by the general public which put pressure on corporations to consider the consequences of their actions and thus, aspects of sustainable development within decision making. Based on current trends in Europe and lessons learned in Germany the paper reflects on the transformation of property and construction markets and argues that decision making processes in property and construction are to be backed-up and supported by a 'tool-box' of instruments and methods based on LCA and LCC methodology. Furthermore, it is argued that market-driven forces to implement the principles of sustainable development in property and construction shall be supported by governmental and fiscal measures in order to reach market transformation effectively and quickly.
CITATION STYLE
Lützkendorf, T. (2010). Inmuebles sostenibles - ¿sueño o tendencia? Informes de La Construccion, 62(517), 5–22. https://doi.org/10.3989/ic.08.055
Mendeley helps you to discover research relevant for your work.