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Sustainable Real Estate in the Middle East: Challenges and Future Trends

  • Amir Rahdari
  • Asma Mehan
  • Behzad Malekpourasl
Chapter
Part of the Palgrave Studies in Sustainable Business In Association with Future Earth book series (PSSBAFE)

Abstract

Buildings account for 40-odd percent of energy use, 25% of water consumption and one-third of global greenhouse gas emissions. With such a staggering impact, real estate holds tremendous economic, social and environmental potentialities for the global development agenda. This chapter intends to provide an overview of sustainable real estate in the Middle East by focusing on the state of the industry and identifying the challenges faced by the region. Finally, the trends shaping the future of sustainable real estate are discussed. In conclusion, the initiatives put forth so far have been on an ad hoc rather than systematic basis and the Middle East sustainable real estate industry is still in an incipient state.

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Amir Rahdari
    • 1
    • 2
  • Asma Mehan
    • 3
    • 4
    • 5
  • Behzad Malekpourasl
    • 6
  1. 1.Tarbiat Modares UniversityTehranIran
  2. 2.Sustainability Research Group (SRG), Universal Scientific Education and Research Network (USERN)TehranIran
  3. 3.Postdoctoral Research Fellow at the Iran University of Science and Technology (IUST)TehranIran
  4. 4.Iran’s National Elites Foundation (INEF)TehranIran
  5. 5.Adjunct Research Fellow with the Politecnico di TorinoTurinItaly
  6. 6.Shahid Beheshti UniversityTehranIran

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