Green Star rated buildings deliver greater capital returns

By Wright Communications

The Property Council of New Zealand/IPD NZ Green Property Investment Index highlighted the clear performance benefits across all measures for property owners with Green Star rated buildings.

"This type of evidence is backing up what we have seen anecdotally - that Green Star rated assets are outperforming non-rated buildings and challenging the definition of what a prime asset is," says Ms Cutler.

"It is fantastic to see from these results that Green Star certified ratings are de-risking property, making these buildings quality long-term investment propositions that will outperform non-rated assets."

"Green buildings also offer healthier working spaces and long-term operational savings for occupants, resilience against rising energy, water and other climate costs," she says.

"We encourage other property owners to put forward their Green Star buildings for the green property index."

There are now 81 Green Star certified projects throughout New Zealand. In the past year 16 commercial buildings have been certified, along with an increasing number of buildings in the education sector achieving certification.

ENDS

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