Study: investors pay more for energy-efficient buildings.(INDUSTRY NEWS & NOTES)(Brief article)

Large institutional investment firms are factoring the market value of energy-efficient property into their real estate investment models, according to a recent study by Responsible Property Investments (RPI).

The study examined the effects of investing in energy-efficient, transit-oriented and urban regeneration office properties in the United States over the past decade. It found that energy-efficient properties with the government's Energy Star label performed better than non-labeled properties. Energy Star properties exhibited 13.5 percent higher market values and 5.9 percent higher net incomes per square foot, a result of 10 percent lower utility costs, 4.8 percent higher rents and 1 percent higher occupancy rates. However, RPI researchers also found that Energy Star properties did not appreciate faster than non-labeled properties and did not generate better overall returns.

To read the study visit http://tinyurl.com/q6a3hz.

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