Urban spaces are more than densely built settlements. The buildings and their architecture shape the cultural heritage of a city and form the basis for the identity and identification of its inhabitants. As places of work, life and entertainment, they form the long-term foundation of urban communities and must accommodate the complexity and dynamics of their lifestyles.
Many of the most pressing challenges of our time are inextricably linked to urban development. Urbanization, climate change, the finite nature of our resources and new models of living and working are just some of the trends driving the dynamics of the transformation of urban spaces.
Real estate as a resource-intensive and long-term infrastructure asset forms the core element of sustainable urban development, which must create solutions to the challenges of the future in order to secure long-term wealth and quality of life for all.