The business case for sustainable office buildings
conference contribution
posted on 2007-01-01, 00:00authored byG Myers, Richard Reed
The market for sustainable buildings has rapidly gained momentum in the design and construction phases, however it appears that development and investment in these buildings by the private sector is limited. This is further complicated by the limited information available confirming the financial viability of sustainable buildings, with relatively little research conducted into the relationship between sustainability and the market value of commercial buildings. Currently the demand for sustainable buildings in Australia and New Zealand is being encouraged through government legislation and policy, where investment by the private sector has been relatively slow to develop due to the lack of evidential proof of the economic viability of sustainable buildings. Clearly if the progress and uptake of sustainable buildings is to develop within the property market, it is essential that the relationship between market value and sustainability should be understood in order to fully inform the investment industry.
History
Event
New Zealand Sustainable Building Conference (2007 : Auckland, New Zealand)
Pagination
1 - 4
Publisher
New Zealand Sustainable Building Conference
Location
Auckland, New Zealand
Place of publication
[Auckland, New Zealand]
Start date
2007-11-14
End date
2007-11-16
Language
eng
Publication classification
E3.1 Extract of paper
Title of proceedings
SB07: Presentations of the New Zealand Sustainable Building Conference : Transforming our built environment