Describe a real estate trend Flashcards

1
Q

A big trend in real estate right now is

A

turning large buildings into mixed-use developments.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

These combine

A

residential, commercial, and retail spaces in one place, which makes better use of urban land and reduces the need for single-use buildings.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

This is important because it

A

aligns with ESG goals.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

For the environment,

A

reusing buildings instead of demolishing them cuts down waste and carbon emissions.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
5
Q

It’s also a chance to

A

add green technologies like solar panels and energy-efficient systems.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
6
Q

Socially,

A

mixed-use buildings create vibrant communities where people can live, work, and socialize, reducing car use and promoting walkability.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
7
Q

Economically,

A

, they boost local economies by attracting businesses and increasing property value.
Knight Frank is in a great position to lead in this space, helping clients maximize the value of these projects while promoting sustainability and social impact.

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
8
Q

I think this trend is exciting because

A

it shows how real estate can evolve to meet modern challenges while being responsible and forward-thinking

How well did you know this?
1
Not at all
2
3
4
5
Perfectly