facebook-icon instagram-icon twitter-icon pinterest-icon google-plus-icon youtube-icon

Green Building Retrofitting

green building

Green building is an economic necessity says Nedbank Executive

Nedbank Corporate Property Finance regional executive, Ken Reynolds says there are significant advantages to develop new buildings or redevelop existing buildings along green principles.Reynolds anticipates that green properties are likely to experience lower vacancy rates in the future and potentially levy higher rentals as buildings that are designed to accommodate energy efficiency and carry unique features that focus on environmental sustainability, are likely to become more attractive to tenants – across commercial, retail and residential property.
Reynolds says that there are also advantages for developers of green buildings from a financing perspective.

The higher rentals and increased capital values means developers and owners can often attain a better credit rating and increased access to borrowings.

-Ken Reynolds

Article Source: By SA Commercial Prop News


GBCSA says cost saving payback is between three to five years –

Another driver of retrofitting initiatives is tenant demand. Groves says tenants in non-green buildings are demanding green space to demonstrate their commitment to sustainability and to accrue the benefits that green spaces offer.

 Our green buildings are showing signs of enhanced returns and better fundamentals. The challenge for our industry lies in future proofing the existing stock through sustainable and greening initiatives

– Investment Property Databank (IPD) executive director Stan Garrun

Article Source: Ray Mahlaka | @Moneyweb

Life Retreat goes green:
Skinny Green Coffee  |  Green Power Tablets  |  3-Day Skinny Juice Cleanse
Visit our Shop for more items like these.

Share

Tags: ,

Comments (1)

  • Avatar

    Trish Taylor

    |

    Loving the look of the green #building #green #beauty

    Reply

Leave a comment

Newsletter



Follow Us On Instagram

  • The fire inside me burns brighter than the fire around me 🖤
  • Simplicity is the keynote of all true elegance ⚪️ We talk design elements, minimalist bathroom series and all things stylish on www.liferetreat.co.za ⚪️ Featuring @geberit_group SA #Geberit #DesignMeetsFunction #BathroomCollection #Design #Simplicity #Elegance #Minimalist
  • Sunny Cape Town days with the girls 💙 @marinakoukla #CapeTown #TheGrandBeach #ocean #summer




Life Retreat