Johnson Controls: It’s Crunch-Time for Commercial Real Estate Owners - Why Smart, Healthy, Sustainable Buildings Matter

The commercial real estate (CRE) market is facing a perfect storm of financial, regulatory and social headwinds. Rising interest rates, curtailed credit and a drop-off in occupancy rates are all buffeting the sector. Governments, investors and tenants all are hungry for action and results on ESG, particularly in the realms of energy efficiency and decarbonization. Meanwhile, owners cannot ignore the ongoing need for operational savings, portfolio compression and enhanced occupant experiences.