This session will explore how investors identify transition risks and translate these into appropriately informed price judgements across the real estate capital stack.

Drawing on practical applications by leading institutional investors, the discussion will highlight methods to assess transition risks within diversified portfolios. This morning event will unpack indicators that signal where further due diligence is required, and how to integrate the costs of decarbonization and other impacts of transition risk, such as potential illiquidity, increased cost of capital, and non-compliance penalties into investment decision-making and valuation.

Transition risks should not be considered in isolation, but embedded directly into property transaction values, REIT price targets, and cost of debt to accurately reflect the resilience and long-term financial viability of real estate investments. This event focuses on the approaches to doing so.