The resilience of property portfolios to environmental stresses is a growing concern for real estate investors with a long-term horizon. For real estate investors, resilience allows buildings to sustain capital values and an uninterrupted flow of operating income, particularly following a catastrophic event.
Commercial buildings are considered resilient if they can avoid significant damage from environmental shocks, such as floods and hurricanes, while continuing to provide an
uninterrupted working environment and minimal disruption to business operations.
Property managers can play a key role in this effort. At the interface of tenants, investors,
contractors and local authorities, they can influence how well a building is prepared for and recovers from a damaging environmental event.