Commercial real estate decarbonisation in China 2024

RICS, Cushman & Wakefield Vanke Service (CWVS) and Tongji University have collaborated to produce the White Paper: Commercial Real Estate Decarbonisation in China.

The report – launched at the at the RICS/REDAS Net Zero Carbon Cities conference 2024 on 23 October – provides in-depth analysis of the current trends in low-carbon transformation within the property sector of China's business spaces. With sustainable development representing a key strategic focus for many organisations in the region, the low-carbon operations of commercial spaces plays a significant role in advancing the green agenda of many firms across the sector.

In this context, the paper explores the present status and challenges of low-carbon property management in commercial spaces; and provides actionable recommendations for future practices, aiding enterprises in enhancing market competitiveness and advancing sustainable development through green transformation.

Reducing carbon footprints

By championing best practices in green and low-carbon initiatives, RICS plays a pivotal role in reducing carbon footprints across the lifecycle of both built and natural environments.

“In our ongoing engagement with diverse stakeholders across China’s real estate sector, RICS has developed a comprehensive understanding of the industry's dynamics, particularly in the context of current market challenges,” said Marcus Lim, Head of Markets, APAC.

“This insight underscores the imperative for ‘low-carbon and green development’ in property operations.”

This latest report builds on the previous collaboration between Cushman & Wakefield Vanke Service and Tongji University, focusing more acutely on sustainable practices within commercial property management. By presenting data from professional surveys and analysing specific case studies, this white paper illuminates the prevailing challenges and illustrates viable strategies for sustainable enterprise operations.

In this report:

• New Trends in China's Commercial Real Estate Development
• Policy Support in the Low-Carbon Property Sector
• The Background of Commercial Property Management Industry
• The Development of Commercial Property Management
• Market Size of Commercial Property Management
• Importance of Commercial Property Management
• Industry Consensus on Commercial Property Management
• Research and Analysis of Low-Carbon Operation Pain Points of Business Enterprise Users
• Practical Cases
• Summary and Recommendations

Access the report today: