This study aims to review empirical research concerning the impact of green certificates on
property cash flows and values, particularly from professional property investors' …

The literature dealing with building energy efficiency has long since debated about the
possible occurrence of the so-called Jevons' paradox. In a nutshell, benefiting from energy …

We study the impact of green building on loans in the CMBS market. A hazard model shows
green buildings carry 34% less default risk, all else equal. A matched‐sample analysis gives …

In this study, we analyze the demand for green office building features among office tenants
in the United States. An online survey of a random sample of office tenants in 17 major US …

Growing concerns over environmental issues and sustainable living have resulted in
increased interest in renewable energy and energy efficiency. The real estate market is no …

In the literature, there is extensive, although in some cases inconclusive, evidence on the
impact of Energy Performance Certificates (EPC) on housing prices. Nonetheless, the …

Focusing on the voluntary LEED and ENERGY STAR environmental certification schemes in
the United States, we investigate whether price premiums exist across all building value …

The statistics, finance, and real estate literature regularly rely on propensity score matching
techniques to balance samples of data where randomized treatment assignment is not …

Purpose This paper investigates the extent to which commercial property valuers in the UK
refer to Royal Institution of Chartered Surveyors (RICS) professional standards and …

With the promotion of the concept of sustainable development and green buildings, green
building rating systems are beginning to emerge and gradually attract more attention …