A recent transaction by a leading developer in Dubai last month raising $675 MM through selling their captive cooling assets in their malls, hotels, and offices portfolio in times of this pandemic has indeed created a fresh lease of option for the cash strapped real estate sector. Like electricity or water utilities, cooling or heating utilities provide sustainable, reliable, and cost-effective metered “cooling as a service” in many countries avoiding the hassle for developers to invest, own, and operate captive assets. As sustainability and wellness takes centrestage post Covid19 and cash flow management becomes the order of the day, developers and asset owners could consider more innovative business models adopted in other countries to deliver these services and at the same time manage their costs. Beyond managing or reducing operating costs, opportunities exist to divest these service infrastructure assets through long term low cost operating lease models.