Awareness of green leases in real estate

Jacob Moses Acton, Matthew Fox, Jim Carfrae and Steve Goodhew
Additional contact information
Jacob Moses Acton: 30 Milroy Avenue, UK
Matthew Fox: School of Architecture, UK
Jim Carfrae: University of Plymouth, UK
Steve Goodhew: School of Architecture, UK

Journal of Building Survey, Appraisal & Valuation, 2023, vol. 11, issue 4, 364-373

Abstract: This research paper assesses the level of awareness of green leases in England and establishes the range of current attitudes of various property professions towards adoption of the green clauses in commercial leases. The current willingness for landlords and tenants to adopt a green lease is scattered and not aligned with government initiatives to achieve net zero. Best practice recommendations are needed to ensure both landlords and tenants understand what arrangements best fit their circumstances. For the impact of green clauses to be maximised and, where appropriate, implemented, they need to be communicated in terms to which both parties are happy to commit.

Keywords: green lease; landlord; tenant; sustainability; real estate; lease (search for similar items in EconPapers)
JEL-codes: R3 (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:aza:jbsav0:y:2023:v:11:i:4:p:364-373

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