U.S. buildings labeled under the LEED or Energy Star programs charge 3% higher rent, have greater occupancy rates, and sell for 13% more than comparable properties, according to the new study “The Economics of Green Building.” Additionally, green-labeled buildings have effective rents that are almost 8% higher than those of otherwise identical nearby non-green rated buildings.
U.S. buildings labeled under the LEED or Energy Star programs charge 3% higher rent, have greater occupancy rates, and sell for 13% more than comparable properties, according to the new study “The Economics of Green Building.” Additionally, green-labeled buildings have effective rents that are almost 8% higher than those of otherwise identical nearby non-green rated buildings.
Links:
[1] http://www.buildinggreen.com/auth/article.cfm/2010/11/9/Non-Green-Office-Buildings-Sacrifice-8-in-Rent-Revenues/