2022-11-30 09:30
How much firms are charged to rent green spaces
, Singapore Source: Jeda Hutchison (Pexels) In Singapore, the premium stands between 4%-6%, JLL reported. Singapore commands a rental premium of 4%-6% for companies that seek to rent spaces in green certified offices, JLL reported. In its report, The Value of Sustainability: Evidence for a Green Premium in Asia, JLL found that occupiers in 11 key cities in Asia could pay a premium of up to 28% for green spaces. 'The evidence that resilient and sustainable buildings in Asia enjoy a distinct occupancy and rental premium, against their non-certified contemporaries, is now irrefutable,' Kamya Miglani, Head of ESG Research, Asia Pacific, JLL, said.
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https://sbr.com.sg/commercial-property/news/how-much-firms-are-charged-rent-green-spaces
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