Landlords to Reap Windfall from Energy Efficiency

LANDLORDS of commercial buildings globally could be set to reap rewards by making their properties more energy efficient thanks to increasing evidence that businesses are prepared to pay higher rents for greener buildings.

The long-established US trend for buildings with a good energy rating to attract higher rents than less energy efficient buildings is growing in the UK.

With an increasing emphasis on environmental awareness and corporate social responsibility commercial renters are begining to demand that their buildings achieve 'Excellent' or 'Outstanding' BREEAM (BRE Environmental Assessment Method) environmental performance ratings or similar in their own regions.

The evidence proves that sustainable buildings also make good business sense. They command higher rental incomes, plus other benefits including higher demand from institutional investors along with lower maintenance and operating costs.

Monday 26th April 2010

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