Is the real estate market in Romania ready for the appraisal of green assets?

Raluca Florentina Creţu, Adrian Anica-Popa and Ana Maria Popescu
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Raluca Florentina Creţu: Bucharest University of Economic Studies, Romania
Adrian Anica-Popa: Bucharest University of Economic Studies, Romania
Ana Maria Popescu: Bucharest University of Economic Studies, Romania

Theoretical and Applied Economics, 2015, vol. XXII, issue Special(III), 67-78

Abstract: Green buildings have recently entered the real estate market. The admission of these buildings to the real estate market in Romania constitutes a true challenge for real estate assessors. In the constructions field, these innovative solutions are transposed by regulations that require the use of sustainable construction materials and engineering projects, renewable energy and water supply source, etc. Identifying sustainable elements of a building represents a challenge for any sustainability measuring system. Green assets performance is analysed by the present study by means of two building sustainability measuring systems, the BREEAM and the LEED respectively, which are based on a range of durable parameters.

Keywords: Real Estate Market; green assets performance; innovative solutions; green buildings; green fields; sustainable measure systems. (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:agr:journl:v:xxii:y:2015:i:special(iii):p:67-78

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