The Finnish Professional Housing Market Operators’ Attitudes towards Smartness—Bridging the Gap between Practitioners and Smart Building Experts

Author:

Borgentorp Eerika1,Kaartinen Sami1,Junnila Seppo1

Affiliation:

1. Department of Built Environment, Aalto University, P.O. Box 14100, 00076 Helsinki, Finland

Abstract

The real estate sector is undergoing a significant transformation. The global energy transition has greatly impacted the entire energy infrastructure, forcing the energy-consuming property sector to increase its operational efficiency. Today, the European Union (EU) enhances building smartness in real estate through regulation. However, the attitudes towards smartness in the financially significant housing market remain unclear. This study observed the attitudes and readiness of Finnish housing market operators toward smartness at the end of 2022. In total, 13 semi-structured interviews were held with housing market professionals. The analysis was further supported by categorizing the interviewees into novice practitioners and smart building experts. The research results implied that the attitudes towards smartness among novice practitioners, including real estate investors and owners, are still rather reserved compared to the control group (consisting of smart building experts). However, enhancing the attitude of real estate investors and owners is crucial to ensure a successful smart transition towards carbon neutrality in the built environment. The results of this study highlight the need for a standardized metric for building smartness. However, engaging market practitioners in developing such metrics is essential to ensure that the future standard for smartness answers the market’s needs.

Funder

Aalto University’s Smart-Ready buildings project funded by Business Finland

Publisher

MDPI AG

Subject

Building and Construction,Civil and Structural Engineering,Architecture

Reference27 articles.

1. Vimpari, J. (2020). Financing Energy Transition with Real Estate Wealth. Energies, 13.

2. De Groote, M., Volt, J., and Bean, F. (2023, May 29). Smart Buildings Decoded. A Concept beyond the Buzzword. Available online: https://www.bpie.eu/publication/smart-buildings-decoded-a-concept-beyond-the-buzzword/.

3. (2023, May 23). United Nations Environment Programme 2021 Global Status Report for Buildings and Construction: Towards a Zero-Emission, Efficient and Resilient Buildings and Construction Sector. Available online: https://www.unep.org/resources/report/2021-global-status-report-buildings-and-construction.

4. (2023, September 20). RICS Energy Efficiency of the Building Stock in the EU. Available online: https://www.rics.org/news-insights/energy-efficiency-of-the-building-stock-in-the-eu#:~:text=However%2C%20if%20measured%20by%20floor,%25%20being%20non%2Dresidential%20buildings.

5. (2023, June 25). European Parliament Green Deal: Key to a Climate-Neutral and Sustainable EU. Available online: https://www.europarl.europa.eu/news/en/headlines/society/20200618STO81513/green-deal-key-to-a-climate-neutral-and-sustainable-eu?&at_campaign=20234-.

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