2 years, 4 months ago
Finding value in old buildings
The HinduRecently a prospective corporate occupier of repute transacting a lease with a landlord of a commercial building sought details on some of the parameters like sustainability and energy-saving measures within the building. With the workforce and the occupiers demanding climate-responsible real estate from the building owners and investors, green upgrades will be primary drivers of asset value along with the physical upgrades. Making the building energy-efficient: Older buildings consume significantly higher energy in comparison to newer ones. By making existing buildings more sustainable, stakeholders can help lower the organisation’s carbon footprint and support local communities 4.
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