Recently numerous studies have shown the relationship between green building certification and the financial consequences for investors. They all say the same thing; the financial benefits of green certification are obvious.
A study completed by Bentall Kennedy recently showed the positive impact of green certification on commercial building performance. The study looked at tangible measurements such as rent and occupancy levels, as well as intangibles such as lease renewal and tenant satisfaction, based on over a decade of historical data on a range of energy and sustainability metrics.
The Bentall Kennedy study confirmed what studies have been saying all along – LEED certification makes a difference. In the United States, LEED certified buildings have an average 3.7 percent rent premium and a 4 percent gain in occupancy compared to non-certified properties. In Canada, the return on investment was even greater, with 10.2 percent higher rental rates and 8.5 percent higher occupancy.
The results of this study show there is an 8 to 10 percent increase in asset value for a LEED certified office building compared to an identical non-certified asset. While we all believe that efficiency and sustainability are a worthy investment, these financial benefits will convince more real estate investors to make this a priority.
The green building boom needs green building professionals to lead the way. The LEED Green Associate credential verifies your broad knowledge of green building principles and the LEED suite of Rating Systems. The LEED AP specialty credentials confirm that you’re a pro, and ready to lead a team through a project certification in LEED BD+C, LEED O+M, LEED ID+C, LEED ND, or LEED for Homes. Give your career a boost today and earn your LEED credential today!