Greener Buildings Demand a Premium
Updated: Aug 4
Green spaces take longer and cost more to design but they have better design for light, glare, IAQ, acoustics, comfort, energy efficiency or net zero, and resiliency. So while it takes longer and costs a bit more to design and build them, they should demand a 20% premium as you live more comfortably or in the case of commercial space be more productive, comfortable, and healthy.
“UK Property Market Opens Green Window By Alastair Marsh In London, climate change is increasingly reflected in how much it costs to buy or rent real estate. Office space in the UK capital that’s classified as “green” by virtue of a sustainability certification commands a 20% premium over buildings without such labels, according to data compiled by property broker Jones Lang LaSalle Inc.”
All the Best,
Tyson Dirksen & The Evolve Team