Green Value –Green buildings, growing assets

[QUOTED]

Green Value –Green buildings, growing assets
A new report published by the UK-based Royal Institution of Chartered Surveyors (RICS) has identified a clear

• Linkage between green building practices and value. The report suggests that green buildings:
  Are more readily leased;
• Command higher rents;
• Have higher tenant retention rates;
• Generally enjoy lower operating costs;
• May benefit from available grants and subsidies through increasing energy efficiency and lessening greenhouse gas emissions;
• Improve business productivity of their tenants, affecting churn, renewals, inducements and fitting-out costs; and
• Benefit occupants to a degree that may exceed the underlying asset's value