High Performance Green Building – What's it Worth?
Interest and investment in high performance green/sustainable buildings have grown substantially over the last 15 years. Despite this increased attention, these buildings account for only a small percentage of the markets across the United States and Canada. While there has been a great deal of discussion about the value that these buildings provide, there is a significant disconnect between the building/design community and the financial/investment community on how to quantify and validate this value. Further, there is no consensus between these communities regarding what exactly is meant by the term value. Often, the two groups are using the same words but speaking different languages.
The primary purpose of this study is to help bridge the gap in understanding between these two distinct but interrelated communities by providing nformation about the valuation of high performance green buildings with a focus on commercial investment office properties.