<b>ADVANCING SUSTAINABILITY IN PROPERTY MANAGEMENT THROUGH CIRCULAR ECONOMY PRACTICES: A SYSTEMATIC LITERATURE REVIEW </b>

The need for the property management industry to shift to more sustainable practices has been highlighted by the growing pressures of waste generation, resource depletion, and environmental degradation. The circular economy (CE) has emerged as a viable alternative to the conventional linear "take-make-dispose" model. The purpose of this article is to investigate how CE practices might improve sustainability in property management, an area that is still largely unexplored while having a significant impact on the lifecycle performance of constructed assets. The study explores the integration of the crucial R-strategies, such as reduce, reuse, repair, refurbish, and recycle, in prolonging product lifespans, enhancing resource efficiency, and maintaining material circularity, based on an extensive examination of the body of existing knowledge. The results emphasize the contributions of CE in the environmental, economic, and social spheres and indicate key sustainability components linked to its implementation. This study offers insights into how property management can support sustainable urban development and positions the sector as a crucial enabler in the shift towards a more resource-efficient and regenerative green economy by bolstering the theoretical understanding of CE-driven sustainability in the property sector.

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