
How COVID-19 and the climate are transforming the real estate sector
The real estate sector has been affected by the COVID-19 pandemic in unprecedented ways - and if we focus on the financial side, the impacts are already visible.
Mr. Pronestì serves as Sr. Associate, within the Real Estate Portfolio and Transaction business line, at UniCredit, one of the leading EU commercial banks. He conducts global-scale portfolio analysis on Real assets by identifying investment and divestment strategic opportunities in line with the Bank’s principles.
Prior to join UniCredit, Mr. Pronestì has worked as economics researcher in the USA at Northeastern University, and San Diego State university, and has served, in the capacity of European Focal Point on Sustainable urban development, for the United Nations within the Major Group for Children and Youth (UN-MGCY).
Mr. Pronestì has completed his university studies between Italy and USA, where he achieved a PhD in economic development and Urban regeneration, a MSc in Real Estate Finance, and a MEng in construction engineering.
The real estate sector has been affected by the COVID-19 pandemic in unprecedented ways - and if we focus on the financial side, the impacts are already visible.
The real estate sector has a serious impact on climate change. Buildings account for around one-third of global greenhouse gas emissions and consume 40% of the world's energy.