29 May '13, 2pm

10 reasons why green leases create value for tenants and landlords

10 reasons why green leases create value for tenants and landlords

Many corporate tenants have heard about green leases, and almost as many might wonder whether they should consider one. The answer, for a variety of reasons, is an overwhelming “Yes!” It is a real-estate opportunity that truly benefits everyone: tenants, landlords and not least, the environment. Quite simply, a green lease is an arrangement that offers substantial benefits — both quantitative and qualitative — to both tenants and building owners/landlords by: improving environmental performance of the leased space by securing a few critical commitments on the part of both the landlord and the tenant; aligning financial incentives so that both parties benefit from adopting green measures; and improving environmental data reporting transparency to enable tenants and landlords to measure success against agreed-upon goals. A green lease need not be complicated. Often, it merel...

Full article: http://www.greenbiz.com/blog/2013/05/29/10-reasons-why-gr...

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