Issue 36 of the European Valuer Journal offers a rich and critical overview of how sustainability is reshaping the European real estate sector. From Spain’s holistic approach to urban rehabilitation—led by the High Council of the Orders of Architects of Spain (CSCAE) and supported by Next Generation EU funds—to Bulgaria’s efforts to integrate energy efficiency criteria into mortgage valuations, the dossier reveals a convergence of climate policy, green taxation, and valuation practices.

The publication highlights how European legislation, particularly the European Green Deal and the revised Energy Performance of Buildings Directive (EPBD), is having a direct impact on the property market, compelling professionals to adapt their methods and consider factors such as energy performance, climate risks, and environmental, social, and governance (ESG) criteria. The proposed two-tier valuation approach (one immediate for energy efficiency and another gradual for broader sustainability factors) offers a practical guide for navigating this complexity.

Taken as a whole, the issue conveys a clear message: sustainability is no longer a trend, but a structural dimension of real estate value. For professionals, this means not only updating their methods but also taking an active role in the ecological transition of the built environment.