Added: Oct 03, 2023
Last edited: Dec 28, 2023
Launched in Bogotá, Colombia, in 2021, this partnership between HABI (a real estate platform), Green Factory (a sustainability construction and certifications company) and Banco de Bogotá (a financial institution), promotes the purchase of refurbished apartments that integrate circular economy principles, provide certified resource efficiency benefits and offer lower loan rates. Properties are adapted to maximise the use of existing resources and minimise the usage of essential services. This enables cutting energy consumption by up to 30% and water usage by as much as 40%.
refurbishment
Built Environment
hybrid ownership model
housing