Please use this identifier to cite or link to this item: https://doi.org/10.21256/zhaw-27896
Publication type: Conference paper
Type of review: Peer review (publication)
Title: A real estate life cycle meta-instrument assessing and enabling sustainable decision-making and management for real estate owners and stakeholders
Authors: Wrase, Isabelle
Bernegger, Heinz
Meslec, Mihaela
et. al: No
DOI: 10.1088/1755-1315/1176/1/012027
10.21256/zhaw-27896
Proceedings: IOP Conference Series: Earth and Environmental Science
Volume(Issue): 1176
Page(s): 012027
Conference details: CIB W070 Conference on Facility Management and Maintenance 2023, Trondheim, Norway, 8-11 May 2023
Issue Date: 2023
Publisher / Ed. Institution: IOP Publishing
ISSN: 1755-1307
1755-1315
Language: English
Subjects: Real estate; Circular economy (CE); Sustainability
Subject (DDC): 332: Financial economics
658.2: Facility Management
Abstract: There is a need for real estate lifecycle instruments to address the new regulations. So far, no instrument includes all sustainability dimensions in all phases of real estate, due to the heterogeneity of the underlying data. In addition, the leverage of the digital transformation in the sustainability transition is yet to be addressed. The aim of this study is how a meta-instrument should be structured to overcome the existing contradictory challenges in sustainability and to enable sustainable decision-making and management for real estate owners. This study examines this question by applying the following methodological approach: 61 literature studies were re-viewed, and concepts and systems were examined, which contain partial solutions at individual levels, be it for sustainability assessment, for the monetarization of sustainability aspects or for the maturity of technical systems. These instruments have their shortcomings as they only map individual aspects, but do not offer a comprehensive life cycle management solution for portfolio holders. Within the framework of this study, a new concept for a tool was developed, allowing to combine the various levels of real estate life cycle, sustainability, and digitalisation in a single holistic model. This multidimensional model was optimised using experts' opinions collected in 2 workshops. The first results reveal the applicability of the developed instrument but remains difficult to manage by potential users. The novelty of the approach comes from considering the entire life cycle, technical and management processes enabled by digitalisation.
URI: https://digitalcollection.zhaw.ch/handle/11475/27896
Fulltext version: Published version
License (according to publishing contract): CC BY 3.0: Attribution 3.0 Unported
Departement: Life Sciences and Facility Management
Organisational Unit: Institute of Facility Management (IFM)
Appears in collections:Publikationen Life Sciences und Facility Management

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Wrase, I., Bernegger, H., & Meslec, M. (2023). A real estate life cycle meta-instrument assessing and enabling sustainable decision-making and management for real estate owners and stakeholders [Conference paper]. IOP Conference Series: Earth and Environmental Science, 1176, 12027. https://doi.org/10.1088/1755-1315/1176/1/012027
Wrase, I., Bernegger, H. and Meslec, M. (2023) ‘A real estate life cycle meta-instrument assessing and enabling sustainable decision-making and management for real estate owners and stakeholders’, in IOP Conference Series: Earth and Environmental Science. IOP Publishing, p. 012027. Available at: https://doi.org/10.1088/1755-1315/1176/1/012027.
I. Wrase, H. Bernegger, and M. Meslec, “A real estate life cycle meta-instrument assessing and enabling sustainable decision-making and management for real estate owners and stakeholders,” in IOP Conference Series: Earth and Environmental Science, 2023, vol. 1176, p. 012027. doi: 10.1088/1755-1315/1176/1/012027.
WRASE, Isabelle, Heinz BERNEGGER und Mihaela MESLEC, 2023. A real estate life cycle meta-instrument assessing and enabling sustainable decision-making and management for real estate owners and stakeholders. In: IOP Conference Series: Earth and Environmental Science. Conference paper. IOP Publishing. 2023. S. 012027
Wrase, Isabelle, Heinz Bernegger, and Mihaela Meslec. 2023. “A Real Estate Life Cycle Meta-Instrument Assessing and Enabling Sustainable Decision-Making and Management for Real Estate Owners and Stakeholders.” Conference paper. In IOP Conference Series: Earth and Environmental Science, 1176:12027. IOP Publishing. https://doi.org/10.1088/1755-1315/1176/1/012027.
Wrase, Isabelle, et al. “A Real Estate Life Cycle Meta-Instrument Assessing and Enabling Sustainable Decision-Making and Management for Real Estate Owners and Stakeholders.” IOP Conference Series: Earth and Environmental Science, vol. 1176, IOP Publishing, 2023, p. 12027, https://doi.org/10.1088/1755-1315/1176/1/012027.


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