Circular Economy in the Real Estate Sector - a review
(2019) 8th Malmö Real Estate Research Conference- Abstract
- Only very recently has the concept of circular economy gained momentum in the public sphere, and inspired consequent research. Within the field of built environment, the debate is even more nascent. This study aims at developing the definition of circular economy specifically for the purposes of the real estate sector. A definition of circular economy in real estate, is derived from the results of a systematic literature review. The systematic database search returned altogether 144 articles, of which
83 were found relevant to the review. Notably, all articles date from 2016-2019, confirming the novelty of the research area. The majority of the articles discuss the use of salvaged or recycled building materials in new construction, or... (More) - Only very recently has the concept of circular economy gained momentum in the public sphere, and inspired consequent research. Within the field of built environment, the debate is even more nascent. This study aims at developing the definition of circular economy specifically for the purposes of the real estate sector. A definition of circular economy in real estate, is derived from the results of a systematic literature review. The systematic database search returned altogether 144 articles, of which
83 were found relevant to the review. Notably, all articles date from 2016-2019, confirming the novelty of the research area. The majority of the articles discuss the use of salvaged or recycled building materials in new construction, or building material banks (also referred to as urban mining). Moreover, approximately one quarter of the articles consider circularity on the city scale, leaning towards the disciplines of urban metabolism and industrial ecology. Interestingly, the existing
building scale, which is most relevant to the real estate sector, is the focus of only 15 scientific articles at the time of the review. An additional few articles discuss the built environment holistically, and provide insight on all three aforementioned scales. The definition of circular economy in the real estate sector is developed based on the articles from the last two categories. To the best of the author’s knowledge, this is the first explicit definition of circular economy in the context of the real estate sector. Based on the review, despite recent advancements in literature, much more research is needed about the transition to a circular economy on the scale of existing buildings. Therefore, the study also outlines a future research agenda, focusing on implications to the real estate management profession. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/64346b16-c5e9-466e-959f-810eea531fa6
- author
- Kyrö, Riikka LU
- organization
- publishing date
- 2019
- type
- Contribution to conference
- publication status
- published
- subject
- keywords
- Built environment, buildings, circular economy, literature Review, real estate sector, real estate management
- conference name
- 8th Malmö Real Estate Research Conference
- conference location
- Malmö, Sweden
- conference dates
- 2019-05-09 - 2019-05-10
- DOI
- 10.24834/isbn.9789178770366
- language
- English
- LU publication?
- yes
- id
- 64346b16-c5e9-466e-959f-810eea531fa6
- date added to LUP
- 2020-02-21 16:56:49
- date last changed
- 2022-10-06 11:57:03
@misc{64346b16-c5e9-466e-959f-810eea531fa6,
abstract = {{Only very recently has the concept of circular economy gained momentum in the public sphere, and inspired consequent research. Within the field of built environment, the debate is even more nascent. This study aims at developing the definition of circular economy specifically for the purposes of the real estate sector. A definition of circular economy in real estate, is derived from the results of a systematic literature review. The systematic database search returned altogether 144 articles, of which<br/>83 were found relevant to the review. Notably, all articles date from 2016-2019, confirming the novelty of the research area. The majority of the articles discuss the use of salvaged or recycled building materials in new construction, or building material banks (also referred to as urban mining). Moreover, approximately one quarter of the articles consider circularity on the city scale, leaning towards the disciplines of urban metabolism and industrial ecology. Interestingly, the existing<br/>building scale, which is most relevant to the real estate sector, is the focus of only 15 scientific articles at the time of the review. An additional few articles discuss the built environment holistically, and provide insight on all three aforementioned scales. The definition of circular economy in the real estate sector is developed based on the articles from the last two categories. To the best of the author’s knowledge, this is the first explicit definition of circular economy in the context of the real estate sector. Based on the review, despite recent advancements in literature, much more research is needed about the transition to a circular economy on the scale of existing buildings. Therefore, the study also outlines a future research agenda, focusing on implications to the real estate management profession.}},
author = {{Kyrö, Riikka}},
keywords = {{Built environment; buildings; circular economy; literature Review; real estate sector; real estate management}},
language = {{eng}},
title = {{Circular Economy in the Real Estate Sector - a review}},
url = {{http://dx.doi.org/10.24834/isbn.9789178770366}},
doi = {{10.24834/isbn.9789178770366}},
year = {{2019}},
}