Tower blocks sit in Admiralty district in Hong Kong on July 15, 2020. Hong Kong has the highest rental premium for green certified buildings in Asia amid a shortage of supply. Photo: EPA-EFE
Tower blocks sit in Admiralty district in Hong Kong on July 15, 2020. Hong Kong has the highest rental premium for green certified buildings in Asia amid a shortage of supply. Photo: EPA-EFE
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Climate change: why it pays for Asia’s office buildings to go green

  • Decarbonisation of the real estate industry is critical to the fight against climate change, and the business case for net-zero offices has never been stronger
  • While a ‘green premium’ for more sustainable buildings is hard to quantify, there is a clear ‘brown discount’ for old, unrefurbished buildings

Tower blocks sit in Admiralty district in Hong Kong on July 15, 2020. Hong Kong has the highest rental premium for green certified buildings in Asia amid a shortage of supply. Photo: EPA-EFE
Tower blocks sit in Admiralty district in Hong Kong on July 15, 2020. Hong Kong has the highest rental premium for green certified buildings in Asia amid a shortage of supply. Photo: EPA-EFE
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