RICS Releases Sustainability Report on the Financial Performance of Green Office Buildings in the USA

February 25, 2011

NEW YORK, Feb. 23, 2011 /PRNewswire-USNewswire/ -- RICS has announced the release of a new report, "Sustainability and the Dynamics of Green Building": New Evidence on the Financial Performance of Green Office Buildings in the USA. The study found that green office buildings in the U.S. performed better during the economic downturn of 2008 and 2009 than their comparable non-green high quality property investments. The findings, which are based on North American data for buildings certified by the EOA's Energy Star Program, illustrate that rents and occupancy rates for green office buildings were higher during the 2007 to 2009 period than for properties that have not had energy-efficiency measures incorporated into their structures.

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