Environmentally
Friendly Buildings
Also Most
Market Friendly
11/01/2005
Source: LOHAS Weekly
Newsletter
Author: Edie News
A new study has shown a clear link between the
environmental friendliness of a building and its market value.
The international study, led by the
Royal Institution of
Chartered Surveyors, (RICS) found that green buildings can:
- Earn higher rents and prices
- Attract tenants and buyers more quickly
- Cut tenant turnover
- Cost less to operate and maintain
- Benefit occupiers
RICS chief executive Louis Armstrong said: "This research
shows that the interests of business and the environment can
converge. The property and construction industries have a
leading role to play in tackling climate change. This work shows
that achieving real environmental benefits can also be
profitable."
Around 40% of carbon emissions come from buildings so finding
incentives to make them greener is critical, he added. However,
while the environmental benefits of green buildings are clear,
the question of whether they add tangible value or not has never
been fully explored.
Thomas Mueller, Canada Green Buildings Council President said
the conclusions show that more work needs to be done on the
value of green buildings, but that the findings are encouraging:
"Evidence that sustainable practices can add value supports
the claims and direction of the green building industry. This is
an important step towards greater acceptance of green buildings
in the marketplace."
To subscribe or visit go to:
http://lohas.datajoe.com/
© copyright 2005 - DataJoe LLC |
|
|