Climate Risk: Logistics & Industrial Global Outlook
RISK CLIMATE LOGISTICS& INDUSTRIAL
GLOBALOUTLOOK
DEEPDIVE – SYDNEY
The Present: • Across Sydney, wind, heat, and cold risks are moderate, showing similar risk profiles across submarkets. • Flood risk is the most variable and also represents the highest risk in some locations. In some submarkets, average flood risk is close to zero, but the worst flood-exposed sites may be many times higher. • Precipitation risk is generally high, indicating a rainy current and future state for Sydney. The Future: • Heat risk increases significantly across all Sydney submarkets through 2050. Now is the time to begin considering measures to manage heat exposure, such as HVAC, insulation, and operational changes. • Precipitation risk increases across the board, but most significantly across Sydney’s Northwest. • Overall risks for Sydney increase, with increases in flood, rain, and heat risks in particular. Central West and Northwest experience the greatest increase in overall risks during this period.
HIGHEST BUILDING RISK SCORE IN SUBMARKET
AVERAGE SUBMARKET RISK SCORE
LOWEST BUILDING RISK SCORE IN SUBMARKET
100
80
60
40
20
0
West
West
West
West
West
West
West
North
North
North
North
North
North
North
South
South
South
South
South
South
South
North West
North West
North West
North West
North West
North West
North West
South West
South West
South West
South West
South West
South West
South West
Central West
Central West
Central West
Central West
Central West
Central West
Central West
FLOOD
WIND
HEAT
WILDFIRE
PRECIPITATION
COLD
ALL
CLIMATE RISK: LOGISTICS & INDUSTRIAL GLOBAL OUTLOOK 15
CUSHMAN & WAKEFIELD
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