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Due to the challenges posed by climate change, the notion of sustainability is gaining traction in the real estate industry. This study highlights property asset managers’ conceptual understanding of sustainability, and explores whether the level of implementation of sustainability is actually achieving sustainability objectives through the management of commercial real estate. A qualitative approach was used in order to gain an understanding of property asset managers’ perceptions of sustainability, the most important aspect of sustainability and the implementation of sustainability in real estate portfolios.

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