,APAC

Why investors, landlords should decarbonise buildings now

Employees demand greener buildings, but 65% of them do not know about their employers’ sustainability efforts.

A recent survey conducted by JLL of 1,200 office workers in five countries across Asia Pacific (Australia, Greater China, India, Japan and Singapore) reveals that employees are increasingly driving the need for office buildings to implement sustainable solutions. 

“Ignoring this clear shift in power could mean that you will be missing an opportunity to win the war on talent,” says JLL.

Here’s more from JLL:

65% of employees surveyed indicated that they are clueless about what their companies are doing about sustainability, while 50% expressed that they would much prefer a sustainability leader as their future employer.

From a previous survey of Asia Pacific corporates, we know that 66% of firms have already adopted sustainability goals with robust plans in place to achieve them. However, it’s evident that they haven’t done enough to involve their employees in this journey, causing a serious gap that would cost them top talent.

This is also a signal to investors and landlords that they should be partnering up to realign investment priorities into decarbonising buildings and increasing the stock of new net zero buildings. 

Find out what employees are demanding. 

Download the full report here.

 

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But this is only due to the major sale of Sunworld Dynasty in Q3 2020.
Sales volume reached 1,387 in the first three quarters of 2021.
There are currently 315 hotels with 86,967 keys.
Supply will hit record highs of over 5m sqm this year, with more supply slated until 2023.
There were a total of eight hotel investment transactions during the quarter.
They are mostly in the CBD and CBD Fringe submarkets.
A record 6,000 seats in flex spaces were absorbed in Q3 2021 alone.
Blame it on supply chain disruptions and labour shortages amidst the pandemic.
Damaged land could help address the lack of developable land in Seoul’s Capital Area.
Tenants in Kowloon are favouring lease renewals over relocations.
Full-year investment turnover is predicted to grow by up to 20%.
Transactions already increased by a massive 131.4% y-o-y in the first nine months of 2021.