Does sustainability pay? We think it does help performance. We analysed the trends of office buildings within our CBD basket to find out if office buildings with Green Mark ratings enjoy better occupancy and rents.
Our research suggests that sustainable office buildings do command higher rents and occupancy rates and striving for the highest level of green-mark certification seems to have an economic impact. While this is not determinative of a green premium, it aligns with views that sustainability can be a competitive edge for landlords.
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