Doing Well By Doing Good
In "Doing Well by Doing Good? An analysis of the financial performance of green office buildings in the USA," Piet Eichholtz and Nils Kok of the University of Maastricht and John Quigley of the University of California, Berkeley ask, Is there a premium for 'green' buildings?
In trying to encourage the development of a more sustainable built environment, it is important to be able to demonstrate to investors and developers that there is financial benefit from investing in 'green'. This work, by Piet Eichholtz and Nils Kok of the University of Maastricht and John Quigley of the University of California, Berkeley, is one of the first studies to do so, looking in detail at the office market in the USA.
This report is in two parts. First, there is a non-technical summary of the work, which gives the background to the work, an overview of the research and the main results. This is then followed by the researchers' full technical paper, which gives the detailed specification of the research methodology and the complete results.
The report was published by the Royal Institution of Chartered Surveyors; visit their website at http://rics.org.