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Green Buildings Make Cents
Posted on June 09, 2008
It may be the most boring image ever posted on TreeHugger, but it shows important information: Green buildings get higher rent. A new study, Doing Well by Doing Good? Green Office Buildings by John Quigley, Piet Eichholtz, and Nils Kok, clearly shows:-Green buildings have higher occupancy rates,-Green buildings have lower variability in occupancy,-Green buildings are higher quality 79% are class A compared to 35% in comparison buildings.They calculate that the effective rent in green buildings is 6% higher than in conventional buildings, no small increase. ...
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