Costly reinsurance, inflation, tough regulations, and increasing weather-related claims are driving up property insurance prices—and in turn, that is impacting commercial real estate returns, valuations, and transactions, a new report shows.

The Urban Land Institute and real estate investment management firm Heitman this week put out a report Insurance on the Rise: Climate Risk and Real Estate Investment Decisions.

The report explores “the critical intersection of insurance, physical climate risk, and property coverage in the global commercial real estate sector, examining the challenges arising from rapid growth in the number and intensity of natural catastrophes,” and offers tips to manage rising costs that pairs creative insu

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