JLL's Retrofitting Buildings to be Future-Fit research reveals that rising energy costs are expediting the move towards more efficient buildings. Moreover, net-zero carbon (NZC) intervention measures directly impact a building's bottom line, and failing to decarbonise leads to significant financial risk. For many buildings, meeting the 2050 decarbonisation targets of the Paris Agreement is grounded in retrofitting current spaces, which can also garner higher rents, reduce financial risk, generate higher occupancy rates and raise tenant satisfaction. In essence, retrofitting buildings is essential to reduce energy costs and combat the global energy crisis.
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