Quantum Inspired Valuation of circular real estate

QuiVal will train a new generation of professionals who can develop and apply an innovative, climate-aware approach to valuation aimed at achieving the European aim of becoming CO2 neutral before 2050. This is highly needed because the the biggest polluting industries that urgently needs to reduce its emissions. Value and valuation are some of the big drivers of investment decisions and project realisation that shape this industry. In practice value and valuation are based on the potential future income generation of real estate, without considering environmental and societal values, which become practically urgent and relevant with new EU rules and regulations (e.g. ESG and SFRD reporting). Despite this urgency, limited scholarly work exists to understand the value of real estate that is CO2 neutral throughout its life cycle, including production, operation, dismantling and reuse.