Financing deep retrofits of public buildings in Flanders based on strategic portfolio management
By 2050, society must be climate neutral. This also applies to the built environment. Cities and municipalities therefore face a major challenge to upgrade their real estate portfolio. The corresponding investments place a heavy burden on the budgets of local governments. In the FALCO project, we examined how the cost efficiency of these investments can be guaranteed by adopting a stage-wise strategic approach ('SPREM').
SURE2050 supports municipalities and public organisations in Flanders to realise a highly effective public building portfolio and how to manage the transition process towards climate neutrality. The creation of more social and financial value in public real estate is used as a leverage to increase the motivation for action and the willingness and ability of (local) governments to fund the energy renovation of public buildings.