Techtalk Radio

Why we should no longer view real estate as an asset. The power players behind one of Europe’s most active sustainable urbanism funds reveal the trick to tackling overwhelming ESG targets

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Synopsis

Redefining real estate as a product rather than as asset could be the trick to tackling complex and overwhelming ESG targets, says the founder of one of Europe’s most active sustainable urbanism funds. Speaking on an episode of Tech Talk Radio, Mikkel Bulow-Lehnsby, co-founder of Copenhagen-based fund 2150 said that property companies have been lulled into "short-term shareholder timeframes" and that 2150 has been set up to help the industry reframe the urban environment. "We should try not to see real estate as an asset, but as a product," he said on this episode of Tech Talk Radio. "We need to focus on how we make that product more sustainable, customer-centric and efficient." Bulow-Lehnsby, who also co-founded European real estate investor NREP, added that anyone who is still part of the climate change problem within 10 years "won't have a business." He was joined on the podcast by former Sidewalk Labs head of sustainability Nicole LeBlanc who is now platform partner at 2150. She said that with so much tim