Major aspects of development of sustainable investment environment in real estate industry
Abstract
Ever increasing ecological treats and unlimited, accelerated economic growth shall be evaluated in interaction with each other. In
real estate industry investment environment unable to ensure sustainability without conformity of other economic sectors with the
criteria of sustainable development. In practice entrepreneurs devoting insufficient attention to the outcome of a construction
process, underestimate its political, economical, technological, social and ecological aspects. This paper focus on analysis of
economic consequences of integrating of environmental sustainability into corporate strategies.
Financial and environmental risk analysis identified the key factors influencing sustainability of real estate industry and proposes
environmentally friendly solutions for robust economic growth within the industry. That creates the economic and technical grounds
of competitiveness for construction companies. For the purpose of maintaining competitiveness and growth in different economic
cycles, entrepreneurs expected to embrace economic, environmental and technological innovation as instruments for enhancement of
sustainable development.
Issue date (year)
2013Author
Vanags, JanisCollections
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