According to GreenBiz.com, studies show that there is a direct correlation between the environmental friendliness of a building and its market value.

A study done by the Royal Institute of Chartered Surveyors (RICS) in London found that green buildings can also:

  • Earn higher rents and prices
  • Attract tenants and buyers more quickly
  • Cut tenant turnover
  • Cost less to operate and maintain
  • Benefit occupants
Although the study proves that environmental benefits of green buildings are clear, the question of whether they add tangible value or not has never been determined. More work needs to be done to determine a green buildings value, but the results from this study have encouraged researchers to do more probing.

To read this article in full, click here. If you are interested in learning more about the RICS, click here.