{"id":6867,"date":"2025-07-16T12:54:29","date_gmt":"2025-07-16T12:54:29","guid":{"rendered":"https:\/\/www.grupoconstrucia.com\/?p=6867"},"modified":"2025-07-18T11:21:18","modified_gmt":"2025-07-18T11:21:18","slug":"risk-and-value-in-real-estate-under-the-circular-economy","status":"publish","type":"post","link":"https:\/\/www.grupoconstrucia.com\/index.php\/risk-and-value-in-real-estate-under-the-circular-economy\/?lang=en","title":{"rendered":"Risk and Value in Real Estate under the Circular Economy"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6867\" class=\"elementor elementor-6867 elementor-6787\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d6f4b66 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"d6f4b66\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-9be4c1f\" data-id=\"9be4c1f\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-4ce1e51 elementor-widget elementor-widget-text-editor\" data-id=\"4ce1e51\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"TextRun SCXW158753044 BCX8\" lang=\"ES-ES\" xml:lang=\"ES-ES\" data-contrast=\"auto\"><span class=\"NormalTextRun SpellingErrorV2Themed SCXW158753044 BCX8\">How<\/span><span class=\"NormalTextRun SCXW158753044 BCX8\"> do <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW158753044 BCX8\">we<\/span> <span class=\"NormalTextRun SpellingErrorV2Themed SCXW158753044 BCX8\">measure<\/span><span class=\"NormalTextRun SCXW158753044 BCX8\"> real <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW158753044 BCX8\">value<\/span><span class=\"NormalTextRun SCXW158753044 BCX8\"> in <\/span><span class=\"NormalTextRun SCXW158753044 BCX8\">the<\/span><span class=\"NormalTextRun SCXW158753044 BCX8\"> circular <\/span><span class=\"NormalTextRun SpellingErrorV2Themed SCXW158753044 BCX8\">economy<\/span><span class=\"NormalTextRun SCXW158753044 BCX8\">?<\/span><\/span><span class=\"EOP SCXW158753044 BCX8\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/h3><p><span data-contrast=\"auto\">That was the central question of the event held on 3 and 4 June at Espacio Bertelsmann (Madrid), organised by Grupo Construc\u00eda with the support of GBCE. The event marked the starting point of a transformative proposal: to redefine how we assess risk and value in the real estate sector.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">After more than a decade adapting its business model to the circular economy, Grupo Construc\u00eda identified one of the sector\u2019s most common obstacles: how to make the value of circular construction tangible when compared to the traditional linear model.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">With participation from representatives of financial institutions, property valuers, professional associations, funds, manufacturers and real estate managers, the discussion on 3 June introduced the experience already under way in the Netherlands: the <\/span><b><span data-contrast=\"auto\">Circular Risk Scorecard<\/span><\/b><span data-contrast=\"auto\">.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">This methodology, developed in collaboration with the <\/span><b><span data-contrast=\"auto\">Circular Finance Group<\/span><\/b><span data-contrast=\"auto\">, proposes new criteria to be included in risk evaluation frameworks.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-8cc716f elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"8cc716f\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2a0e281\" data-id=\"2a0e281\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b8f7cce elementor-widget elementor-widget-image\" data-id=\"b8f7cce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"960\" height=\"540\" src=\"https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/rv-1.png\" class=\"attachment-full size-full wp-image-6871\" alt=\"\" srcset=\"https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/rv-1.png 960w, https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/rv-1-300x169.png 300w, https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/rv-1-768x432.png 768w, https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/rv-1-260x146.png 260w, https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/rv-1-50x28.png 50w, https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/rv-1-133x75.png 133w\" sizes=\"(max-width:767px) 480px, (max-width:960px) 100vw, 960px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-510ac2c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"510ac2c\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-af5abb2\" data-id=\"af5abb2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3975ceb elementor-widget elementor-widget-text-editor\" data-id=\"3975ceb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><span data-contrast=\"auto\">Also presented was the initiative <\/span><b><span data-contrast=\"auto\">The New Normal for Buildings (TNN)<\/span><\/b><span data-contrast=\"auto\">, which seeks to establish a shared language across the entire sector to make circular construction the new standard.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\"><br><\/span><\/p>\n<p><span data-contrast=\"auto\">These two initiatives converge in the <\/span><b><span data-contrast=\"auto\">CRES (Circular Real Estate Scorecard)<\/span><\/b><span data-contrast=\"auto\">, a programme currently in development which aims to connect circular risk assessment with a consensus-based definition of circular construction, as proposed by TNN. The Spanish working group will take part in the consultation phase of the indicators proposed in the Netherlands, helping shape and adapt the framework to the Spanish context.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\"><br><\/span><\/p>\n<p><b><span data-contrast=\"auto\">The beginnings of a practice community<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\">The main goal of the event on 3 June was to define the challenge and outline the starting point for a local working group. On 4 June, a smaller group met with Dutch experts to delve deeper into the potential adaptation of the TNN and CRES frameworks to our local context.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\"><br><\/span><\/p>\n<p><span data-contrast=\"auto\">With commitment, collaboration and the will to drive real change, eight organisations \u2013 including banks, construction firms, real estate developers, consultancies and valuers \u2013 focused on outlining the core objectives of the working group.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/p>\n<p><span data-contrast=\"auto\">Over the summer, the group will work on a roadmap to consolidate the initiative and ensure that efforts to build in harmony with planetary boundaries are properly valued.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\"><br><\/span><\/p>\n<p><\/p>\n<h3>Interested in join?<\/h3>\n<p><span data-contrast=\"auto\">We invite anyone interested in contributing to this initiative to get in touch. The requirements:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/p>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Connection to the real estate value chain<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Ability to influence within your organisation<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/li>\n<\/ul>\n<ul>\n<li aria-setsize=\"-1\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"1\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;multilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Commitment to the transition towards a circular economy<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:6,&quot;335551620&quot;:6,&quot;335559740&quot;:360}\">&nbsp;<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"auto\">If you meet these conditions and want to be part of a long-term effort to make circular construction the new normal, contact us:<\/span> &nbsp;<span data-contrast=\"auto\">\ud83d\udce9<\/span><span data-contrast=\"auto\"> comunicacion@grupoconstrucia.com&nbsp;<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-e717935 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"e717935\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-4602ba3\" data-id=\"4602ba3\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b35a690 elementor-widget elementor-widget-image\" data-id=\"b35a690\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/1748962862692-scaled.jpg\" title=\"\" alt=\"Ignasi Cubi\u00f1\u00e1, CSO Grupo Construc\u00eda, exponiendo\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-8453a5d\" data-id=\"8453a5d\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-b56a626 elementor-widget elementor-widget-image\" data-id=\"b56a626\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/6.png\" title=\"\" alt=\"P\u00fablico\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-33 elementor-top-column elementor-element elementor-element-0b51be9\" data-id=\"0b51be9\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ebee47 elementor-widget elementor-widget-image\" data-id=\"1ebee47\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" src=\"https:\/\/www.grupoconstrucia.com\/wp-content\/uploads\/2025\/07\/1.png\" title=\"\" alt=\"Foto de grupo\" loading=\"lazy\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>The event held on 3 and 4 June at Espacio Bertelsmann (Madrid), organised by Grupo Construc\u00eda with the support of GBCE. The event marked the starting point of a transformative proposal: to redefine how we assess risk and value in the real estate sector. <\/p>\n","protected":false},"author":12,"featured_media":6810,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[58,60,61],"tags":[],"class_list":["post-6867","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-colaboracion-en","category-construccion-circular-en","category-economia-circular-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/posts\/6867","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/comments?post=6867"}],"version-history":[{"count":7,"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/posts\/6867\/revisions"}],"predecessor-version":[{"id":6885,"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/posts\/6867\/revisions\/6885"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/media\/6810"}],"wp:attachment":[{"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/media?parent=6867"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/categories?post=6867"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.grupoconstrucia.com\/index.php\/wp-json\/wp\/v2\/tags?post=6867"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}