Posts Tagged ‘tenant’

7.01 – Heterogeneous Price Premiums in Sustainable Real Estate? An Investigation of the Relation between Value and Price Premiums

[embeddoc url=”” height=”250px” download=”all”]   Focusing on the voluntary LEED and ENERGY STAR environmental certification schemes in the United States, we investigate whether price premiums exist across all building value categories or are localized to specific value segments. We find that the largest value building segment does not demonstrate any price premiums, while the smallest […]

7.02 – Incorporating Green Building Features and Initiatives into Commercial Property Valuation

[embeddoc url=”” height=”250px” download=”all”]   The rapid acceptance of green buildings internationally has led to awareness of green building features and initiatives (GBFIs) in the South African property industry; however, among South African valuers, it seems the awareness is still in its infancy. Semi-structured interviews were conducted with valuers of varying degrees of experience in […]

7.03 – The Relevance of Green Building Practice in Emerging Markets: A Perceptual Analysis of Commercial and Industrial Building Users in Ibadan, Nigera

[embeddoc url=”” height=”250px” download=”all”]   In this study, we examine the operational challenges of existing green building related features / systems to develop hypotheses about factors that will increase the demand for green buildings. We test these hypotheses by examining the potential green building advantages that will influence users’ adoption of green practices and their […]

7.09 – Is Green (still) a Matter of Prime? Stylized Facts about the Location of Commercial Green Buildings

[embeddoc url=”” height=”250px” download=”all”]   We investigate the status quo of commercial green building locations and changes made over time in 103 metropolitan statistical areas (MSAs) to detect indications of the maturity of the commercial green building market. The findings of the descriptive analysis, based on LEED data provided by the U.S. Green Building Council, […]

7.10 – Assessing the Implementation of Mandating Energy Efficiency: Boulder, Colorado’s Implementation of SmartRegs

[embeddoc url=”” height=”250px” download=”all”]   On January 3, 2011, the City of Boulder, Colorado implemented the SmartRegs ordinances updating the city’s housing and rental licensing code by mandating baseline efficiency requirements for rental housing units. We examine the SmartRegs inspector training program relative to the prescriptive path checklist for compliance and quality assurance controls from […]

6.04 – “Not in My Backyard”: The Effect of Substance Abuse Treatment Center s on Property Values

[embeddoc url=”” height=”250px” download=”all”]   Residential treatment centers offer the most intense form of treatment for substance abuse and are often embedded in residential neighborhoods. As a result of the Patient Protection and Affordable Care Act, the number of treatment centers has been forecasted to burgeon. We examine the external effect of residential rehab centers […]

6.10 – Green Office Buildings: A Qualitative Exploration of Green Office Building Attributes

[embeddoc url=”” height=”250px” download=”all”]   In this paper, we identify specific green building attributes important to tenants using a mixed-industry series of focus-groups in Chicago, Denver, Washington D.C., and the San Francisco Bay Area. The focus groups reveal the relative importance of green office building attributes and further explore the qualitative reasons for those rankings. […]

5.04 – Impact of Energy and Environmental Factors in the Decision to Purchase or Rent an Apartment: The Case of Sweden

[embeddoc url=”” height=”250px” download=”all”]   In this paper, I examine the importance of environmental factors in the residential property market. The paper presents results from a quasiexperimental study and survey responses from 733 occupants of green and conventional buildings. The findings show that energy and environmental building performance factors have rather a minor impact on […]

5.05 – The Operating Expense Puzzle of U.S. Green Office Buildings

[embeddoc url=”” height=”250px” download=”all”]   Cost savings from efficiency gains are at the core of the green building business case. Significantly lower energy bills are said to be a major factor in the green rent premium observed in earlier studies. Our study tests this relationship by inferring energy costs from operating expenses for a large […]

5.11 – Investigating Deep Retrofits for Toronto’s Financial District Office Towers

[embeddoc url=”” height=”250px” download=”all”]   In response to a perceived shift towards green building practices and an increased focus on energy efficiency in commercial office facilities management, in this report I examine the barriers and drivers related to deep retrofits for the purpose of developing recommendations for increasing the energy efficiency goals of future retrofit […]

4.01 – The Economics of Green Retrofits

[embeddoc url=”” height=”250px” download=”all”]   This is the first study focused on the economics of green renovations. Our findings are focused on Leadership in Energy and Environmental Design (LEED) buildings certified under the Existing Building: Operations and Maintenance (EBOM) certification scheme during the 2005–2010 period. We compare rents and occupancy rates, and investigate the types […]

4.02 – LEED US Commercial Office Market : Market Effects and the Emergence of LEED in Existing Buildings

[embeddoc url=”” height=”250px” download=”all”]   In 1998, the United States Green Building Council (USGBC) developed the Leadership in Energy and Environmental Design (LEED) system as a certification program for sustainable building standards in new developments. The LEED system has garnered a great degree of attention from owners and developers in the U.S. commercial real estate […]

4.03 – Key Drivers and Barriers to the Sustainable Development of Commercial Property in New Zealand

[embeddoc url=”” height=”250px” download=”all”]   In 2011 research was conducted to identify the key drivers and barriers to the sustainable development of commercial property in New Zealand (NZ) by surveying a cross-section of these market participants. The overall aim of the research was to identify any barriers that need to be overcome so that progress […]

4.04 – Sustainability and Income-Producing Property Valuation: North American Status and Recommended Procedures

[embeddoc url=”” height=”250px” download=”all”]   The valuation of property with “sustainability” aspects is not a new property type nor does it call for a deviation from the traditional valuation methods for the appraisal of income-producing properties. However, there can be numerous and significant differences between sustainable and traditional properties that appraisers must consider, research, and […]

4.07 – Sustainable Management of Real Estate: Is It Really Sustainability?

[embeddoc url=”” height=”250px” download=”all”]   This paper investigates from a management perspective exactly what building owners and managers of commercial real estate are actually doing in the guise of sustainability. This research investigates key owners of real estate portfolios in Australia and New Zealand, and examines what they perceive sustainability to mean to their commercial […]

3.10 – The Process for Adopting an Energy Efficiency Code in Existing Homes: A Case Study of Boulder, Colorado’s SmartRegs Program

[embeddoc url=”” height=”250px” download=”all”]   This study analyzes the process the City of Boulder endured to adopt SmartRegs by performing a content analysis of public meeting minutes and conducting interviews with decision makers to identify barriers and success factors.   Authors: Laura Barrett, Scott Glick, and Caroline Clevenger

2.03 – The Operations and Management of Green Buildings in the United States

[embeddoc url=”” height=”250px” download=”all”]   This study examines the performance of green buildings from the operation and management perspective.   Authors: Norman G. Miller, Dave Pogue, Jeryldine Saville, and Charles Tu

2.05 – Indoor Air Quality and Office Property Value

[embeddoc url=”” height=”250px” download=”all”]   Urbanization and technological advancement have resulted in many urbanites working in window-sealed high-rise office buildings.   Authors: Kwame Addae-Dapaah, Tham Kok Wai, Mohd Jaafar Bin Dollah, and Yvonne Foo

2.09 – Owner-Tenant Engagement in Sustainable Property Investing

[embeddoc url=”” height=”250px” download=”all”]   When it comes to sustainability, improving existing buildings is arguably more important than developing better new facilities.   Author: Gary Pivo

2.11 – Integrating Sustainability and Green Building into the Appraisal Process

[embeddoc url=”” height=”250px” download=”all”]   Sustainability’s key concepts and impacts on real estate valuation have been largely sidestepped to date.   Authors: Timothy P. Runde and Stacey Thoyre

2.12 – Implementing ESG in Private Real Estate Portfolios: The Case of U.S. and Pan-Europe Core Fund Managers

[embeddoc url=”” height=”250px” download=”all”]   This paper provides an overview of current environmental, social, and governance (ESG) practice with some of the leading U.S. and pan-Europe institutional real estate open-end fund managers.   Author: Tamara Larsen

2.14 – Energy Efficiency Improvements: Do they Pay?

[embeddoc url=”” height=”250px” download=”all”]   This study attempts to quantify the economic gains associated with investment in energy efficiency improvements (EEI) for commercial real estate.   Authors: Brian A. Ciochetti and Mark D. McGowan

1.4 – Green Buildings and Productivity

[embeddoc url=”” height=”250px” download=”all”]   The cost to provide healthier environments is modest compared to the benefits.   Authors: Norm G. Miller, Dave Pogue, Quiana D. Gough, and Susan M. Davis

1.8 – Sustainable Real Estate Development: The Dynamics of Market Penetration

[embeddoc url=”” height=”250px” download=”all”]   This paper uses three different data sources to examine the rate of growth of sustainable development practices.   Author: John Goering