Article 4: Commercial Real Estate Mitigation for Hazards discusses resilience strategies for commercial real estate (CRE) in response to climate-related hazards and natural disasters. It emphasizes the importance of risk assessment, site selection, and design strategies in mitigating threats such as floods, hurricanes, wildfires, extreme temperatures, and earthquakes. Industry experts emphasize the importance of retrofitting buildings, adopting resilient construction techniques, and investing in technologies such as solar power and high-performance insulation. The financial aspects of resilience planning, including rising insurance costs and operational challenges, are also explored. Ultimately, the article underscores the need for proactive measures to protect real estate investments and ensure business continuity amid increasing environmental risks.
