Future instead of demolition: Why existing buildings often provide the better answers
Upgrading instead of demolishing: ESG targets, rising CO₂ budgets and a growing awareness of sustainable construction are increasingly directing the focus of the real estate industry towards existing buildings
More and more market players - from investors and asset managers to project developers - are recognizing that the transformation of existing buildings not only has ecological potential, but also economic potential. The conversion, refurbishment and vertical densification of existing properties is thus becoming a real alternative to new construction.
It is obvious that this trend is not only ideologically driven, but also strategically driven. The demolition of an existing building and a conventional new building cause massive amounts of gray energy and CO₂ emissions - not only in the construction phase, but also in the production of the materials. Studies, including by Fraunhofer ISE, show: Comprehensive refurbishment can save up to 50% of CO₂ emissions compared to an equivalent new build. In times of increasing ESG requirements, CO₂ pricing and growing reporting obligations, this saving is becoming increasingly financially relevant.
At the same time, intelligent refurbishment concepts enable the sensible redensification of urban spaces - for example by adding storeys or new usage concepts for office space that is no longer marketable. There is also an increasing regulatory focus on existing buildings: The EU taxonomy, ESG ratings and new funding models focus specifically on measures that minimize the carbon footprint of existing properties.
However, the challenges often only begin with the strategic decision for the portfolio: ESG targets must be made measurable, refurbishment measures must be evaluated economically and projects must be implemented in a reliably controllable manner. This is exactly where PROBIS comes into play. Our platform offers a fully digital controlling solution for complex construction and transformation projects - including ESG reporting, CO₂ budgeting, action tracking and investor-ready KPIs. Whether it's the conversion of an office building or the CO₂-optimized refurbishment of a residential district: PROBIS allows everyone involved to keep track - from the first CO₂ balance sheet to the final invoice approval.
Sustainability begins with existing buildings. And the future is created where it can be controlled.
Actively control now instead of just reacting!
Are you planning a conversion, extension or ESG-compliant refurbishment? PROBIS gives you full transparency of costs, CO₂ budgets and project progress - digitally, scalably and economically. Get in touch with us.
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