Floodings, wildfires, draught, record high temperatures. Climate change has had a huge impact on different communities around the world the past years. Today we will discuss how extreme weather events have significant effect on the valuation of real estate and how this evolves over time.
In this podcast Lucas Vuurmans, Senior Quantitative Portfolio manager Real Estate Kempen Capital Management and Sergey Obolensky, Executive Sales director at Munich Re, discuss climate risk in Real Estate. Questions they will answer are: How do extreme weather conditions affect real estate valuations? Why do we collect data on extreme weather events? And how do we translate this data into relevant information to draw conclusions from in our daily portfolio management decisions?