Real Estate and Built Environment: Contribution to society

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Real Estate and Built Environment Life Cycle Stages

This factsheet highlights the contribution which the real estate and built environment sector makes to society, growth and sustainability in the EU 



The real estate and built environment sector is made up of physical buildings and supporting infrastructure, providing the spaces in which people live, work, interact and play on a daily basis. It is where properties are developed, valued, financed, transacted, managed and eventually deconstructed. It is also a resilient sector with an enormous enabling impact on jobs and economic growth, and with great potential for the realisation of the EU’s sustainability goals, including energy efficiency, climate change and adaptation. 


This factsheet explains the relevance of the sector, illustrated through the below life cycle, facts and figures.

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