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Research - JUNE 21, 2021

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Seven in 10 companies in Asia Pacific willing to pay higher rent for green buildings

by Andrea Zander

A majority of Asia Pacific corporations (70 percent) are willing to pay a rental premium to lease sustainability-certified buildings in the future. This commitment aligns with broader real estate sustainability developments across Asia Pacific where 40 percent of corporate occupiers have already adopted net-zero targets and another 40 percent are planning to adopt targets by 2025. The regional real estate decarbonization drive is also prompting 80 percent of corporate occupiers to prioritize locations that help them reduce carbon emissions, while 65 percent of investors will focus more on green building investments.

These insights come from the JLL Asia Pacific’s Sustainable Real Estate: From ambitions to actions report that surveyed more than 550 corporate real estate leaders. Approximately 90 percent of companies in Asia Pacific agree that tackling emissions from real estate is essential in achieving a net-zero carbon agenda — signaling a

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