The ULI UK Sustainability Council convened a superb open event on Extreme Weather Events and their Impact on Property Values, or, as one attendee renamed it: “Watching your money go down the drain!” Building on the groundbreaking research on this topic published by ULI Europe in June 2014, ULI Visiting Fellow Sven Bienert gave a compelling presentation on why the real estate industry needs to take sustainability and climate change far more seriously, particularly in regard to asset allocation. An InfoBurst summarising the expert panel debate will be published on the Sustainability Council page shortly. The original report is available here.