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Assessing the valuation implications of the eco-labelling of commercial property assets

By: Language: English Series: Journal of Retail and Leisure Property ; 8(4) November 2009, 311-322(12)Publication details: 2009Subject(s): Online resources: Summary: Evaluates the valuation issues raised by the voluntary and mandatory eco-labelling of commercial property assets. There are difficulties in incorporating the potential price effects of sustainable characteristics into property valuations and the evidence base to estimate price differentials between eco-labelled and non-labelled buildings is lacking but as the market penetration of eco-labels increases, valuers are more likely to be able to obtain evidence of price effects. Notes. References.

Evaluates the valuation issues raised by the voluntary and mandatory eco-labelling of commercial property assets. There are difficulties in incorporating the potential price effects of sustainable characteristics into property valuations and the evidence base to estimate price differentials between eco-labelled and non-labelled buildings is lacking but as the market penetration of eco-labels increases, valuers are more likely to be able to obtain evidence of price effects. Notes. References.