Report says that sustainable buildings are better for investors

February 28, 2011 at 12:44 pm Leave a comment

Fact: owners of Sustainable Building can profitablymanage their real estate, even in times of financial constraints. Fact: the owners are better positioned in the market than investors in non-sustainable buildings. Fact: sustainability and green energy is the future in real estate and in everything. These facts are issued in a report published by RICS

and are better positioned for the future than those other owners,whose buildings are not sustainable, according to the latest report published by RICS, the Royal Institution of Chartered Surveyors.

sustainable building

The study revealed that sustainable buildings did better during recession times (2008 and 2009) than other similar, but non-sustainable buildings. These results are based on the American real estate market and used data from the Energy Star Program and illustrates that the rental income and occupation rates of these buildings were high between 2007-2009.

While the report’s conclusions are based on U.S. data, the results are also important worldwide because they provide tangible evidence that scores of green buildings in 2009 had higher rental income than those of non-sustainable office buildings, but otherwise identical in quality and location.

Investments in sustainable business practices and technologies are not only beneficial to humans and the environment, but also for creating long term value and competitiveness.

 

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Entry filed under: News, Real estate. Tags: , , , , .

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