The Ledger

New ECB data shows climate risk is no longer a theoretical threat in commercial real estate. It’s being priced into asset values, liquidity, and investor behavior. From physical risk discounts to the premium on future-ready assets, the shift is reshaping capital flows across the eurozone.

The Green Premium is real—MEES & EU EPC rules are reshaping UK & EU office rents, with inefficient assets seeing early discounts.