The real estate sector can play a significant role in a low-carbon economy. Not only do investments into more sustainable business practices and technologies benefit the environment and society, in general; they also create long-term value and competitiveness. In fact, a new report from RICS concluded that even in difficult economic times, green office buildings can offer investors considerable financial benefits, including higher rents and lower risk premiums.
The new report, titled Sustainability and the Dynamics of Green Building, summarizes data collected from North American buildings certified by the EOA’s Energy Star Program. The research shows that: (more…)