Rethinking Real Estate and Urban Development: Andreas Kipar on Immobilienwirtschaft
In “It’s on Fire! Questions of Urban Development and the Real Estate Industry Between the Future and Returns,” Andreas Kipar explores how the real estate sector can move beyond short-term returns to create lasting value.
How can we shape cities and real estate for the long term in a world facing climate change, resource scarcity and economic uncertainty? In his article “Es brennt! Fragen der Stadtentwicklung und Immobilienwirtschaft zwischen Zukunft und Rendite”, published in the Expo Real edition of Immobilienwirtschaft 4/2026, Andreas Kipar examines the choices confronting the real estate sector, and the need to rethink how value is defined and created.
The article calls for a broader perspective on development: one that looks beyond immediate financial returns to consider the long-term resilience, environmental performance and quality of the places we create. Circular approaches, climate adaptation, Natural Capital Accounting and digital tools all have a role to play in this shift, helping to connect economic value with ecological and social benefits.
For LAND, this means recognising landscape not as an additional feature, but as an essential part of the urban system: one that supports biodiversity, strengthens climate resilience and contributes to healthier, more liveable places.
Because the future value of real estate depends not only on what we build, but also on the living systems that sustain it.
Read the article here [in German] (Download file)
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