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Sustainability in Commercial Real Estate Markets: Essays in Real Estate Research

Autor Alexander Reichardt
en Limba Engleză Hardback – 4 dec 2015
Alexander Reichardt provides pertinent information on the business case for sustainable buildings, which offer a large potential to abate climate change, which can be achieved at relatively affordable costs compared to other industries. He discusses– although sustainable space offers verifiable advantages to tenants like lower operating expenses, higher employee productivity and reputation benefits –, the small empirical evidence that tenants indeed pay a rent premium for leasing this space. The author, therefore, analyses if sustainable buildings command a rent premium compared to comparable conventional buildings and what contributes to this rent premium. In addition, he analyses what kind of tenants primarily rent sustainable space. It is expected that the demand for sustainable space differs between industries as different industries have different motivations for renting sustainable space.
 
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Specificații

ISBN-13: 9783658117382
ISBN-10: 3658117389
Pagini: 107
Ilustrații: XV, 107 p. 3 illus.
Dimensiuni: 148 x 210 x 15 mm
Greutate: 0.3 kg
Ediția:1st ed. 2016
Editura: Springer Fachmedien Wiesbaden
Colecția Springer Gabler
Seria Essays in Real Estate Research

Locul publicării:Wiesbaden, Germany

Public țintă

Research

Cuprins

Introduction.- Sustainable Building Certification and the Rent Premium: A Panel Data Approach.- Operating Expenses and The Rent Premium of Sustainable Buildings.- Sustainability and the Leasing Decision of Office Occupiers in the U.S..- Summary, Practical Implications, and Further Research.

Notă biografică

Dr. Alexander Reichardt wrote his dissertation at the Real Estate Management Institute (REMI) of the EBS European Business School.

Textul de pe ultima copertă

Alexander Reichardt provides pertinent information on the business case for sustainable buildings, which offer a large potential to abate climate change, which can be achieved at relatively affordable costs compared to other industries. He discusses– although sustainable space offers verifiable advantages to tenants like lower operating expenses, higher employee productivity and reputation benefits –, the small empirical evidence that tenants indeed pay a rent premium for leasing this space. The author, therefore, analyses if sustainable buildings command a rent premium compared to comparable conventional buildings and what contributes to this rent premium. In addition, he analyses what kind of tenants primarily rent sustainable space. It is expected that the demand for sustainable space differs between industries as different industries have different motivations for renting sustainable space.
Contents
  • Sustainable Building Certification and the Rent Premium: A Panel Data Approach
  • Operating Expenses and The Rent Premium of Sustainable Buildings
  • Sustainability and the Leasing Decision of Office Occupiers in the U.S.
Target Groups
  • Researchers and students in the field of real estate investment
  • Developers, investors, building owners, policy makers, and appraisers
About the Author
Dr. Alexander Reichardt wrote his dissertation at the Real Estate Management Institute (REMI) of the EBS European Business School.

Caracteristici

Publication in the field of economic sciences Includes supplementary material: sn.pub/extras