Tangible Benefits
There are, indeed, many benefits of
building green. Far from it being just an environmentally friendly luxury,
green building is actually a sound and profitable business proposition. Leaving
aside the obvious environmental benefits, green buildings can provide:
- Marginal additional building costs. If introduced early in the
building process, the additional costs with using green solution can be as
low as 5% (according to the High Environmental Quality Association in
France and the World Business Council for Sustainable Development.
- Lower operating costs due to energy consumption savings, which
leads to a rapid payback period.
- Increased value of property as green building
- Are quicker to secure tenants
- Command higher rents or prices
- Enjoy lower tenant turnover (quote)
- Access to grants and subsidies from governments and the EU and
eligibility for preferential financial products such as "green
mortgages"
- Improved health for tenants through improved living conditions
and air quality