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Climate Change Can Pose Big Risks To Real Estate Investments
28 May, 2019

Climate change could dramatically alter the value of real estate investments.

And that goes for real estate investment trusts, companies that own income-producing real estate, if they do not shift their investment strategies to address growing risks, industry experts say.

A 2018 report found that 35% of REIT properties have geographic exposure to climate hazards, including inland flooding, typhoons or hurricanes, and coastal flooding and elevated sea levels. The research evaluated 73,500 properties owned by 321 REITs.

Source: CNBC - https://www.cnbc.com/2019/05/28/climate-change-can-pose-big-risks-to-real-estate-investments.html