Sustainability, risk, and social responsibility: The new triad in real estate management

The increasing importance of sustainability, risk, and social responsibility in real estate management reflects evolving societal demands, regulatory pressures, and market dynamics. Motivated by the need to align real estate practices with environmental goals and social equity, this study explores how these three pillars can be systematically integrated into property management. The aim is to develop a holistic framework that transforms risks into opportunities and promotes long-term value creation. Using a mixed-methods approach, including literature analysis and semi-structured expert interviews conducted within the Romanian real estate sector, this study investigates how ESG criteria and digital technologies are currently applied in practice. Key findings reveal that tools such as BIM, digital twins, and ESG reporting enhance transparency, operational efficiency, and stakeholder engagement. The research concludes that integrating the sustainability–risk–responsibility triad provides strategic advantages, enhances resilience, and strengthens the role of real estate management in advancing sustainable development.