Real Estate & The Energy Transition - Revenue Opportunities
By Nurit Altman and Rob Nicholson
Published October 6, 2021 | 13 min listen
The energy transition is expected to impact all facets of the global economy as many of the world’s largest economies have set ambitious net zero emissions targets. The pathway for Canada to reach net zero will involve innovative approaches to energy production and consumption, building temperature regulation, transportation and the and production of the goods and services that drive Canada’s economy. For those in the commercial real estate industry, a host of new opportunities and challenges present themselves as we transition to a lower carbon future.
On this episode of The Real Pulse, Rob Nicholson, Managing Director, Power, Utilities and Infrastructure Group, RBC Capital Markets, joined host Nurit Altman, Director, RBC Capital Markets Real Estate Group to discuss the energy transition and the new potential revenue opportunities for real estate owners.
The time is now for the energy transition. In addition to the social imperative for this change, today there is a price for carbon emissions creating both a carrot and a stick and simultaneously providing an opportunity for new ideas.
Think about energy transition as the decarbonization of our energy resources. Energy is ubiquitous and it impacts every industry, so every industry needs to be aware of this shift and decide how they are going to capture the new opportunities that present themselves
EV charging stations are just one of the unique, new revenue stream opportunities for real estate owners as we transition to a green economy but there are many others and evaluating how your organization participates in this transition will be important to your future success.
Nurit Altman
Director, RBC Capital Markets Real Estate Group
Nurit Altman is a Director with RBC Capital Markets Real Estate Group, and has over 16 years of experience selling commercial real estate across Canada. Nurit specializes in the sale of multi-family, retail, office and mixed-use properties across Canada. Over the course of her career, Nurit has sold over $13 billion of retail real estate. She is based in Toronto, ON and is a licensed real estate Broker with the Real Estate Counsel of Ontario.
Rob Nicholson
Managing Director, Power, Utilities and Infrastructure Group, RBC Capital Markets
Rob is a Managing Director in the Power, Utilities and Infrastructure Group. He is responsible for providing solutions for Corporate clients capital raising needs. This can include both public and private equity, investment and non-investment grade debt and either in the public or private markets. He also provides strategic advice to his utility, power generation and clean technology clients having advised on over $30 billion of company sales and acquisitions. Rob has been based in both the US and Canada in his +25 year banking career.
EconomyEnergy TransitionIndustry Specific Innovations and TechnologyOutlookReal Estate
