Commercial Property News

Our magazines are published bi-monthly with in-depth features and news for the commercial property industry. On this page we have the latest news to keep you constantly updated on the market. On the left hand side of the page you can search our archived news which is stored monthly.

Monday, October 31, 2023

'Green' buildings: Good for business.

A new study of buildings in North America and the UK reveals a clear link between the market value of commercial property and its environmental friendliness.

RICS Chief Executive, Louis Armstrong, says:"40% of carbon emissions come from buildings. Finding incentives to make them ?greener? in design and operation is critical."

The international study was led by The Royal Institution of Chartered Surveyors (RICS) in partnership with 10 government and private sector organisations, and finds that green buildings can:

Earn higher rents and prices
Attract tenants and buyers more quickly
Cut tenant turnover
Cost less to operate and maintain
Benefit occupiers

For more information go to RICS Green Value website