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Asia-Pacific firms say willing to pay more to lease green buildings: JLL
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Update: June, 26/2021 - 10:02 |
A green building. Many corporates are ready to pay higher rent for green building. Photo Courtesy JLL
HCM CITY Seventy per cent of Asia Pacific corporations are willing to pay a rental premium in future to lease sustainability-certified buildings, a recent report by JLL has said.
The Asia Pacific ‘Sustainable Real Estate: From ambitions to actions’ report said this commitment aligns with broader real estate sustainability developments across Asia Pacific where 40 per cent of corporate occupiers have already adopted net zero targets and another 40 per cent are planning to do so by 2025.
The regional real-estate de-carbonisation drive is also prompting 80 per cent of corporate occupiers to prioritise locations that help them reduce carbon emissions, while 65 per cent of investors will focus more on investment in green buildings.
The Straits Times
From Singapore to Rio, green buildings keep tropical tenants cool
The South Beach complex in Singapore. Offices and apartment blocks designed to be green are springing up all over the world.PHOTO: BLOOMBERG
Published4 hours ago
https://str.sg/JtnP
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May 7, 2021
On a typically hot and humid afternoon in Singapore, a fresh breeze blows beneath the canopy of the South Beach development, keeping temperatures several degrees cooler than on the surrounding streets.
The rippling 280-meter wave of steel-and-aluminum runs the length of the Norman Foster-designed complex, funneling prevailing winds over outdoor patrons of restaurants and bars and saving on air conditioning for the mixed-use complex. The canopy is covered with solar panels, and catches rainwater to irrigate the gardens.
Offices and apartment blocks designed to be green are springing up all over the world as architects reverse almost a century of trying to insulate workers from nature and instead try to adapt structures to their natural surroundings.
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