Green Building Performance

Leoni van der Chijs

ISBN 10: 3844326855 / ISBN 13: 9783844326857

Published by LAP LAMBERT Academic Publishing Apr 2011, 2011

About this Item

Neuware -This work investigates the performance of green office buildings at the direct property level. The green building movement has its origin in the sustainability trend that deals with the worldwide growing environmental consciousness. To date, several authors discussed the benefits of green building from a tenants'' point of view. The possible benefits for the real estate investors or owners, however, have hardly been part of this discussion, and is therefore the focus of this work. It is investigated and shown that real estate investors with a sustainability focus encounter significant financial benefits. They ceteris paribus receive higher rent income from the tenants in their green office buildings and face lower vacancy, thereby maximizing their revenues. In addition, a relationship is found between green buildings and building characteristics such as builing size, age and height. This leads to opportunities for investors who could take advantage of this knowledge. Overall, the results indicate that green building pays off, not only for the environment but also for investor returns.Books on Demand GmbH, Überseering 33, 22297 Hamburg 72 pp. Englisch.

Seller Inventory # 9783844326857

Bibliographic Details

• Title: Green Building Performance
• Publisher: LAP LAMBERT Academic Publishing Apr 2011
• Publication Date: 2011
• Language: English
• ISBN 10: 3844326855
• ISBN 13: 9783844326857
• Binding: Taschenbuch
• Condition: Neu
• Dimensions: 220W x 150H x 5D millimeters 220 millimeters width by 150 millimeters height by 5 millimeters depth
• Weight: 125 grams

About this title

Synopsis

This work investigates the performance of green office buildings at the direct property level. The green building movement has its origin in the sustainability trend that deals with the worldwide growing environmental consciousness. To date, several authors discussed the benefits of green building from a tenants' point of view. The possible benefits for the real estate investors or owners, however, have hardly been part of this discussion, and is therefore the focus of this work. It is investigated and shown that real estate investors with a sustainability focus encounter significant financial benefits. They ceteris paribus receive higher rent income from the tenants in their green office buildings and face lower vacancy, thereby maximizing their revenues. In addition, a relationship is found between green buildings and building characteristics such as builing size, age and height. This leads to opportunities for investors who could take advantage of this knowledge. Overall, the results indicate that green building pays off, not only for the environment but also for investor returns.

About the Author

Leoni van der Chijs MSc studied International Business at Maastricht University and Nanyang Technological University. She currently works as Senior Auditor for asset manager Robeco and recently finished her postgraduate education at Erasmus University Rotterdam.