Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Looking Beyond COVID-19: Green Leasing - Action, adaption and adoption for commercial offices in China

Shaun Brodie • 7/8/2020

Green leasing banner (image)

As the COVID-19 outbreak began to gain a foothold in China, many office landlords and office tenants in the country quickly took steps to ensure that office building and workplace health and safety levels were strengthened to combat the spread of the virus. 

Ahead, we expect office building health and safety measures, as well as office workplace wellness and wellbeing programmes, to be prioritised and to grow in number, as well as reaching new heights in terms of standards. Green leasing can assist in this endeavour. 

What is Green Leasing? 
A green lease is essentially a standard lease with new or adapted clauses integrated to better align financial incentives, sustainability, and health and safety objectives between the office landlord and the office tenant. Before the COVID-19 outbreak, we identified four key drivers of the green leasing trend: 

  • Decreasing costs of green technology 
  • Smarter commercial buildings and spaces
  • Growth in industry demand for green space
  • Government initiatives relating to green development 

These remain highly relevant, with COVID-19 providing significant urgency to adoption. A sizable percentage of commercial office space in China is leased and, without a doubt, opportunities exist for office leasing to become greener. This is especially true considering the growing attention currently afforded to health and wellness in high-performance office buildings throughout the country.  

Green Leasing - Action, adaption and adoption for commercial offices in China

For the benefits of high-performance office buildings to be exploited, office leases must be modelled around green concepts (including elements focused on health and safety) to ensure that the relationships between office landlords and office tenants are aligned with the newest developments in real estate. 

Green Leasing - Action, adaption and adoption for commercial offices in China

A green lease can make it achievable for investments in operational efficiency and operational effectiveness to be advantageous both to the office landlord and to the office tenant, and can inspire or make it obligatory for both parties to collaborate and cooperate to ensure that an office building is occupied, operated, and managed in a sustainable, healthy and safe way. 

Green Leasing - Action, adaption and adoption for commercial offices in China

Implementing Green Leasing Concepts 
There is no one-size-fits-all green lease, and the green clauses to be integrated into a lease should be adjusted to align with the aims of the office landlord and the office tenant, while recognising the distinct circumstances of the office building. 

Green Leasing - Action, adaption and adoption for commercial offices in China

Finally, actionable, adaptable and adoptable green leasing in China not only serves to address environmental concerns in the interests of conserving China’s varied and distinctive landscapes and biodiversity, but moreover offers office landlords and office tenants in China palpable gains and savings that exist in many forms, including: 

  • Reductions in energy-associated costs 
  • Heightened public image 
  • Enhanced health, safety, and wellness standards 

Related Insights

Conversations - Latest Office Trends web card
Article • Workplace

The Latest Office Trends: Insights From Industry Experts

The landscape of office trends is evolving rapidly, driven by a combination of market forces and shifting priorities among both landlords and tenants. In today’s discussion, industry experts Ronan Corbett, Head of Offices and Aisling Tannam, Director, Offices shed light on the changes observed in the past six months.
Ronan Corbett • 5/23/2024
AU Economic Budget Update banner
Insights • Economy

Economic Budget Update

In announcing the 2024/25 Budget, the Federal government is attempting to provide some cost-of-living relief for households while maintaining a path of disinflation.
Sean Ellison • 5/15/2024
lessons from china
Research • Economy

COVID-19: Lessons from China

As the Greater China region enters a recovery phase following months of COVID-19 turmoil, we’re bringing you insights on how occupiers and investors are together trying to discover what business as usual now looks like.

Related Stories

Dexcom Philippines New Office Fit-out Project
Dexcom Philippines • Healthcare
Learn More
Cushman & Wakefield Stories Philippines Inc. • Travel
Learn More
Cushman & Wakefield Stories
OMD Philippines • Advertising
Learn More

Cushman & Wakefield utilise des cookies pour analyser le trafic et offrir sur ce site internet une meilleure expérience à nos clients. Fermez ce dialogue pour confirmer votre accord ou rendez-vous sur cette page pour en savoir plus:
Cookie Notice

Acceptez et fermez
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All