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PROPERTY RESILIENCE ASSESSMENTS (PRA)

Property Resilience Assessments (PRA)

Mar. 6 2022 - Greg Bailey

Bureau Veritas is a leading provider of property condition and environmental assessments with decades of experience and expertise.

Bureau Veritas is a leading provider of property condition and environmental assessments with decades of experience and expertise. Climate risk considerations have become the cornerstone in commercial real estate and BV realizes that the focus should be on standardizing property resilience assessments. Greg Bailey explains how this new ASTM task group worked hard to create a new, critical guide and what it means for the real estate industry.

In this day and age, BV understands that the real estate ecosystem is fragile and the focus, as it should be, is on climate risk. Property owners, investors, operators, servicers, lenders, and other stakeholder are being called on more and more to evaluate and disclose climate risks of individual properties and property portfolios; they must then align that assessment with existing due diligence processes. Clients from every area turn to the environmental professionals at BV to assist with climate risk evaluations. At BV, we have complete expertise and can help compile accurate, reliable, timely, and impartial data when you need it most.

It is hard to look at daily, weekly, monthly, and yearly climate events and not want to be part of the solution. BUREAU VERITAS WANTS TO BE PART OF THE SOLUTION. IT’S WHAT WE DO.