Sustainability and conserving natural resources are increasingly looked at and sought after by buyers, as shown by the study published by Bentall Kennedy, a North American specialist property manager and adviser. Kennedy conducted a 10-year study to assess the real impact of green building on property value and quality of life for occupants. The results make interesting reading for project owners and in particular anyone involved in the service and property sectors. It found that certified buildings have better lease terms (+3.7% above average rent for LEED certified buildings) and offer tenants savings on their energy consumption. This is particularly impressive and attractive given increasing energy prices. As the Energy Regulation Commission (CRE) has calculated, the regulated gas sales tariff has increased by 63% since 1 January 2005.
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