Towards a circular built environment – Focus on the new M.Sc. program in real estate and facility management

Abstract

IntroductionThe sustainability transformation of the built environment is one of the mega tasks of the twenty first century. Real estate professionals who manage sustainability transformation must be acknowledged in all disciplines that reside around the lifecycle of a property. In addition, these managers must have expert knowledge of the megatrend of sustainability and possess the highest level of interpersonal skills to enable society and organizations to manage the associated change.MethodsConsidering the current challenges and the critical role of education to empower real estate (RE) and facility management (FM) students to explore new paths of sustainable development and grow into active citizens, conscious producers, and consumers, this contribution investigates new and elective ways of teaching sustainability concepts, specifically circular economy (CE). To this end, 122 European university degree programs were examined based on a review of all course titles to determine whether the relevant keywords and content for enabling future real estate managers to drive the sustainability transformation toward a circular built environment are present.ResultsThe results show that topics on sustainability are covered significantly. Graduates are empowered in several disciplines that evolve around the real estate lifecycle, but not in all the required ones. There seem to be gaps in teaching especially in the subject area of CE.DiscussionThe extent to which students are also socially empowered is hard to trace. Furthermore, this article describes and critically discusses how the introduction of a holistic approach to the management of real estate for master-level students could help them gain a sustainability perspective and prepare them to act circularly in the future.