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Global CBRE survey finds environmental and social features have an impact on perceived building value and transactions
Companies are favoring environmental, social and corporate-governance (ESG) factors more heavily in their decisions on which buildings to lease or buy, with many prioritizing green building certifications and features that reduce energy consumption or generate renewable energy, according to a new global survey from CBRE.
The survey examines responses collected in fall 2022 from more than 500 commercial real estate professionals worldwide. Overall, more than two-thirds of respondents said their companies’ focus on ESG intensified in 2022 and that their primary ESG consideration for their real estate is to reduce energy consumption and carbon emissions.
Environmental features drive building appeal and transactions
As companies face rising energy costs and government regulations, they’re willing to pay a premium for spaces with features like on-site renewable-energy generation (58 percent) or smart technology to monitor and adjust energy use (5