Research indicates that green buildings can command up to a 16% premium on being sold compared to a conventional property, according to the Royal Institute of Chartered Surveyors (RICS). RICS' chief executive Louis Armstrong said research findings also indicated green buildings can attract a rental premium of between 3% and 5%.
Research indicates that green buildings can command up to a 16% premium on being sold compared to a conventional property, according to the Royal Institute of Chartered Surveyors (RICS). RICS' chief executive Louis Armstrong said research findings also indicated green buildings can attract a rental premium of between 3% and 5%.
Speaking to PropertyTV during the PropertyNL Forum in Amsterdam last week, Armstrong said: ‘All new buildings now should be green or they should not be allowed to be built and should not have a future.
‘The existing stock, which is 80-90% of the buildings, will take 10 or 15 years before ways can be found to make them properly green. It is a long-term programme. Some will have to be demolished, some heritage buildings will be difficult to do. I think, technology is improving all the time and ways of doing it are improving all the time.’
Go to http://www.sherpamedia.nl/player/player2.0.cfm?c=PropertNL%20Forum%20januari%202010&s=647&aday=20100121 or click on the link below to listen to the interview.
