Green buildings can they add value
Dixon, Tim
Green buildings can they add value - 2006 - Property Forecast 9(2) February 2006, 6-7(2) .
Recent research indicates that sustainable buildings or green buildings offer both investors and occupiers key benefits, and even added value. RICS recently commissioned a new study, "Green values: green buildings, growing assets" (L131391)examining a range of commercial and residential buildings in North America and Canada in an attempt to make business cases for so-called green buildings. These buildings are promoted as being not only healthier environments, but also more productive places to work. Other potential benefits of green buildings were reported as being: easier to secure tenants; higher rents/values; lower tenant turnover; lower operating costs; and easy availability of grants. Nevertheless, the author believes that there still needs to be more emphasis on green buildings in the context of a socially responsible investment.
Green buildings can they add value - 2006 - Property Forecast 9(2) February 2006, 6-7(2) .
Recent research indicates that sustainable buildings or green buildings offer both investors and occupiers key benefits, and even added value. RICS recently commissioned a new study, "Green values: green buildings, growing assets" (L131391)examining a range of commercial and residential buildings in North America and Canada in an attempt to make business cases for so-called green buildings. These buildings are promoted as being not only healthier environments, but also more productive places to work. Other potential benefits of green buildings were reported as being: easier to secure tenants; higher rents/values; lower tenant turnover; lower operating costs; and easy availability of grants. Nevertheless, the author believes that there still needs to be more emphasis on green buildings in the context of a socially responsible investment.