Industry News
The US Department of Energy introduced a National Definition of Zero Emissions Building to promote energy-efficient, greenhouse gas-free buildings powered by clean energy, while a CBRE report highlights rapid growth in the global Proptech real estate sector—valued at $18.2 trillion in 2022 and projected to reach $86.5 trillion by 2032—with significant investment opportunities in Latin America, especially Brazil, Mexico, and Colombia.
New Standards ‑ In June the US Department of Energy announced a National Definition of Zero Emissions Building – those that are highly energy efficient, do not emit greenhouse gases directly from energy use, and are powered solely by clean energy. The standard is expected to support the overall shift toward zero emissions for all residential and commercial buildings, and to advance both public and private sector climate goals. Learn more here.
Proptech sector growing – A recent CBRE report shows that the global real estate Proptech sector, valued at $18.2 trillion in 2022 is expected to reach $86.5 trillion by 2032. Gaps in Latin America between start-up and traditional companies reflect the greatest opportunities for investment. Currently, more than half (53%) of Latin American investments are concentrated in Brazil, Mexico, and Colombia.
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