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Transparency in Business Space Sustainability

Ramiro Rodríguez • 24/09/2020

Given that there are buildings lacking environmental certification on the market, the quality of office properties is not restricted to energy and environmental ratings.

The global pandemic of 2020 has cut greenhouse gas emissions by 17% (source: Nature), encouraging us to reflect on sustainability.

The capacity of the sector to face up to climate change is illustrated by identifying all of the offices in Madrid with energy ratings.

Tha analysis compares certified and uncertified buildings of similar specification in order to identify the differences in rents and re-let times*.

Evidence of rent differences has been found in the Madrid market.

In the case of re-let times, it is possible to conclude that certifications contribute to the shortening of these. 

Regarding Barcelona, evidence of rent differences has been found in the Barcelona market.

In the case of re-let times, it is possible to conclude that certifications contribute to the shortening of these.

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