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The Business Times: Nearly one in 10 Apac Reit assets at high risk from climate change: report

Published on
May 22, 2024
The Business Times: Nearly one in 10 Apac Reit assets at high risk from climate change: report
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Read the full article here: https://www.businesstimes.com.sg/international/global/nearly-one-10-apac-reit-assets-high-risk-climate-change-report

"Coastal inundation and flooding will drive hazards across Apac countries from now until the end of the century, says the report by XDI. CLOSE to one in 10 assets belonging to real estate investment trusts (Reits) across Asia-Pacific (Apac) will be at high risk from the effects of climate change and extreme weather by 2050. This is according to a report published on Wednesday (May 22) by XDI (Cross Dependency Initiative), a company which provides analysis in physical climate risk. XDI said coastal inundation and flooding will drive hazards across the Apac region from now until the end of the century."

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