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Green Buildings Command Higher Prices

11/6/2012

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In 2009 the Royal Institution of Chartered Surveyors (RICS) determined that Green Buildings with an Energy Star rating command on average a 16% higher selling price than their counterparts.  They also tend to obtain 6% higher effective rents. 

RICS is a world leading professional organization in the areas of property, land, construction and related environmental issues. They set, maintain and regulate standards.  They also provide impartial advice to both governments and policymakers. They have more than 100,000 qualified members who participate across 17 disciplines in over 146 countries. 

To learn more about this report visit the RICS website on Green Buildings Attracting Higher Rents in United States.
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    Greg Bryan is an Energy Efficiency Specialist, Attorney and Real Estate Broker

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