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Is there a demand for sustainable offices? an analysis of UK business occupier moves (2006-2008)

By: Contributor(s): Language: English Series: Journal of Property Research ; 26(1) March 2009, 61-85(25) Publication details: 2009Subject(s): Summary: Sustainable or green commercial buildings are seen as a growth sector in the property investment market. But how far has this market actually developed in the UK and overseas? A 2008 survey of 50 UK corporate (private sector) occupiers taking leased and owner-occupied office space suggested that although there is an emerging and increasing demand for sustainable office in the UK, other factors such as location and availability of stock remain more important than sustainability in determining occupiers' final choice of office. Figures.Tables. Notes. References. Appendix: overall summary of office buildings in sample.
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Sustainable or green commercial buildings are seen as a growth sector in the property investment market. But how far has this market actually developed in the UK and overseas? A 2008 survey of 50 UK corporate (private sector) occupiers taking leased and owner-occupied office space suggested that although there is an emerging and increasing demand for sustainable office in the UK, other factors such as location and availability of stock remain more important than sustainability in determining occupiers' final choice of office. Figures.Tables. Notes. References. Appendix: overall summary of office buildings in sample.