Thursday, April 3, 2008

International perspectives on sustainable corporate real estate

A new global survey carried out by CoreNet and Jones Lang LaSalle has investigated boardroom attitude towards the importance of sustainable corporate real estate solutions. The survey grouped the corporate respondents into 4 regions: Asia, Australasia, EMEA and North America.

Two key findings stood out:

Nearly two-thirds of EMEA respondents view sustainability as "critical now"

The survey found that corporate businesses from EMEA came first with 62% stating that they viewed sustainability as “critical now” and not for tomorrow’s boardroom agenda. This compared to 52% in Australasia, 44% in North America and 42% in Asia.

Asia corporates willing to pay most for 'greener' properties

However, respondents in Asia stated that they were willing to pay the most for ‘greener’ properties. 16% of participants from the region reported they would be willing to pay double-digit increases for sustainable real estate solutions compared with only 7% in Australasia, 3% in North America and only 2% in EMEA. Most respondents across all three global regions believed 5% to 10% reflected a realistic and acceptable cost increase for sustainable corporate real estate.

The above statistics are taken from a Jones Lang LaSalle press release of 5 March 2008.

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