04 Jan '13, 4pm

Why green labels boost real estate values

Why green labels boost real estate values

on the financial impact of green labels in the commercial real estate sector shows that tenants not only want to house their companies and employees in green buildings, they are willing to pay a price premium to do so. We have documented that buildings with a “green rating” (Energy Star and LEED) command rental rates that are roughly 3 percent higher per square foot than otherwise identical buildings -- controlling for the quality and the specific location of the office building -- and sales prices of green buildings are about 16 percent higher.

Full article: http://www.greenbiz.com/blog/2013/01/04/value-green-label...

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