Risk assessment of European assets
We analyse which European assets are most at risk
Customer
Location
Duration
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CBRE Investment Management
Europe
2022
Risk assessment of European assets
We analyse which European assets are most at risk
Customer
Location
Duration
Read more
CBRE Investment Management
Europe
2022
Climate change has major implications for the real estate sector. Therefore, CBRE Investment Management (IM) wants to gain insight how its real estate and other assets are exposed to the effects of climate change and what the risks are. We help CBRE IM do this by analysing the best available public data for the probability of flooding from coasts and rivers in Europe. We use these analyses to understand the flood risks of the assets within one of CBRE IM’s funds. For CBRE IM, climate adaptation is part of the transition to a sustainable, carbon-neutral, resilient, just and healthy society, in which it wants to play a pioneering role.
What does the project entail?
In this project, we look at flood risks from coasts and rivers in Europe and analyse the best available public data for flood probabilities in Europe. We use these analyses to understand the flood risks of the assets within one of CBRE IM’s open-ended funds. In doing so, we also indicate what follow-up research CBRE IM can do and what adaptation measures are possible to reduce high flood risks. Furthermore, the project contributes to certifying a sustainable built environment according to internationally recognised standards.
What is our role?
Our role in the project is to analyse the best available public data for coastal and river flood probability in Europe. We look specifically at how areas are already protected, for example by dykes. This area protection is often not included in other analyses. This way the project helps to identify the ‘red flags’: the assets where the risk is highest.
What does the project entail?
In this project, we look at flood risks from coasts and rivers in Europe and analyse the best available public data for flood probabilities in Europe. We use these analyses to understand the flood risks of the assets within one of CBRE IM’s open-ended funds. In doing so, we also indicate what follow-up research CBRE IM can do and what adaptation measures are possible to reduce high flood risks. Furthermore, the project contributes to certifying a sustainable built environment according to internationally recognised standards.
What is our role?
Our role in the project is to analyse the best available public data for coastal and river flood probability in Europe. We look specifically at how areas are already protected, for example by dykes. This area protection is often not included in other analyses. This way the project helps to identify the ‘red flags’: the assets where the risk is highest.