Real estate investors face potential writedowns due to EU Energy Performance of Buildings Directive requiring energy-efficient renovations.
Real estate investors struggle with high interest rates and face potential writedowns due to European regulations requiring property owners to invest in energy-efficient renovations to avoid illegal CO2 emissions. If they fall behind, their assets might become unsellable or unrentable. The Energy Performance of Buildings Directive, passed in the EU, will gradually enforce these changes over a decade.
March 24, 2024
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