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Energy Efficiency and the Future of Real Estate pp 9–35Cite as

Palgrave Macmillan

Why Energy-Efficient Commercial Real Estate Matters

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Abstract

Certification is a signal that is incorporated into property markets with an application to apartments. Green certification enhances a corporation’s image by portraying it in a positive light that the company is interested in helping the environment. Green certifications also help to attract and retain talented employees. Often, the effects of energy-efficient processes are not visible, so certifications provide interested parties independent verification that a building is indeed energy efficient. There are other benefits of receiving certification, lowering operating costs.

The original version of this chapter was revised: For detailed information please see Erratum. The erratum to this chapter is available at

https://doi.org/10.1057/978-1-137-57446-6_11

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Author information

Authors and Affiliations

  1. Schulich School of Business, York University, Toronto, ON, Canada

    Avis Devine

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  1. Avis Devine
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Correspondence to Avis Devine .

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Editors and Affiliations

  1. Merage School of Business, University of California, Irvine, Irvine, California, USA

    N. Edward Coulson

  2. Washington and Jefferson College, Washington, Pennsylvania, USA

    Yongsheng Wang

  3. Greenfield Advisors, Cartersville, Georgia, USA

    Clifford A. Lipscomb

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Devine, A. (2017). Why Energy-Efficient Commercial Real Estate Matters. In: Coulson, N., Wang, Y., Lipscomb, C. (eds) Energy Efficiency and the Future of Real Estate. Palgrave Macmillan, New York. https://doi.org/10.1057/978-1-137-57446-6_2

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  • DOI: https://doi.org/10.1057/978-1-137-57446-6_2

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