What explain spatial distribution of green buildings in the UK?

Qiulin Ke and Fangchen Zhang

ERES from European Real Estate Society (ERES)

Abstract: Empirical studies provide evidence that commercial real estate with BREME, LEED, ECP, or Energy Star certifications command sale and rent premiums. However, there is a regional gap in green building distribution, often influenced by property market returns and underlying economic conditions in these areas. This paper empirically investigates the factors driving the transformation of green buildings across regions in England and Wales, focusing on regional economic development, green jobs provision, deprivation and commercial real estate market dynamics. We use the building locations of EPC ratings that meet the UK government minimum standards (i.e. EPC rating A-C) to explore the spatial clustering of green building practices in commercial buildings in England and Wale and explore the factors that cause the spatial difference of green buildings.

Keywords: Green Building; social economic development; Spatial Distribution; UK (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2025-01-01
New Economics Papers: this item is included in nep-ene, nep-env and nep-tid
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