Sophie Taysom and Dean Magee argue that climate risk models for retail properties overlook critical income disruptions caused by extreme heat. Keyah and Geografia highlight that current frameworks prioritize physical building resilience but fail to account for revenue losses during heatwaves, which can last beyond summer months. Retail lease valuations often assume stable tenant occupancy, yet prolonged heatwaves—like the record-breaking spring temperatures in the U.S.—force businesses to close early or reduce hours, directly impacting cash flow. Geografia’s data analytics reveal that traditional models underestimate climate-related financial risks, leaving investors exposed to hidden liabilities. Keyah warns that without adjusting for these factors, property valuations could become dangerously inflated, risking market instability. Dean Magee emphasizes that integrating heatwave frequency data into valuation tools is no longer optional but essential for accurate risk assessment.