Tenant environmental performance and property investment risk

Turner, N.J.K.

Tenant environmental performance and property investment risk - 1996 - Journal of Property Development 1(2) October 1996, 67-78(12) .

Considers the relationship which exists between a tenant`s environmental and economic performance in the context of property investment risk. It argues that when considering a potential investment opportunity, property investors need to have regard to the risk that tenants may perform to low environmental standards. Where poor environmenal performance on the part of the tenant occurs, investment returns can be reduced by a deterioration in the strength of tenant covenant or by the landlord incurring direct liabilities for environmental damage, which in the first instance, was caused by the tenant. References. (Based on journal abstract)


ENVIRONMENTAL DAMAGE
ENVIRONMENTAL PERFORMANCE
ENVIRONMENTAL RISK
INVESTMENT RISK
LANDLORD LIABILITY
POLLUTION