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Davies, P J, Emmitt, S and Firth, S K (2013) On-site energy management challenges and opportunities: a contractor's perspective. Building Research & Information, 41(04), 450-68.
El-adaway, I H, Ali, G G, Eissa, R, Abdul Nabi, M, Ahmed, M O, Elbashbishy, T and Khalef, R (2023) Construction Management and Economics 40th anniversary: investigating knowledge structure and evolution of research trends. Construction Management and Economics, 41(04), 338–60.
Fuerst, F, van de Wetering, J and Wyatt, P (2013) Is intrinsic energy efficiency reflected in the pricing of office leases?. Building Research & Information, 41(04), 373-83.
- Type: Journal Article
- Keywords:
- ISBN/ISSN: 0961-3218
- URL: https://doi.org/10.1080/09613218.2013.780229
- Abstract:
This paper investigates whether the intrinsic energy efficiency rating of an office building has a significant impact on its rental value. A sample of 817 transactions for offices with Energy Performance Certificates (EPCs) in the UK is used to assess whether a pricing differential can be identified, depending on the energy rating. While previous analyses of this topic have typically relied on appraisal-based and/or asking rent data, the dataset used in this research contains actual contract rents as well as information on lease terms. The results indicate a significant rental premium for energy-efficient buildings. However, it is found that this premium appears to be mainly driven by the youngest cohort of state-of-the-art energy-efficient buildings. The results also show that tenants of more energy-efficient buildings tend to pay a lower service charge, but this link appears to be rather weak and limited to newer buildings. Hence, it is argued that the information contained in the EPC is still not fully taken into account in the UK commercial property market with the possible exception of both the highest and the lowest EPC ratings.
Himpe, E, Trappers, L, Debacker, W, Delghust, M, Laverge, J, Janssens, A, Moens, J and Van Holm, M (2013) Life cycle energy analysis of a zero-energy house. Building Research & Information, 41(04), 435-49.
Maslova, S and Burgess, G (2023) Delivering human-centred housing: understanding the role of post-occupancy evaluation and customer feedback in traditional and innovative social housebuilding in England. Construction Management and Economics, 41(04), 277–92.
Newsham, G R, Birt, B J, Arsenault, C, Thompson, A J L, Veitch, J A, Mancini, S, Galasiu, A D, Gover, B N, Macdonald, I A and Burns, G J (2013) Do ‘green’ buildings have better indoor environments? New evidence. Building Research & Information, 41(04), 415-34.
Pérez-Bella, J M, Domínguez-Hernández, J, Rodríguez-Soria, B, del Coz-Díaz, J J and Cano-Suñén, E (2013) A new method for determining the water tightness of building facades. Building Research & Information, 41(04), 401-14.
Puolitaival, T, Kähkönen, K and Kestle, L (2023) The framing of construction management responsibilities in job advertisements in the UK and the USA. Construction Management and Economics, 41(04), 307–21.
Todd, J A, Pyke, C and Tufts, R (2013) Implications of trends in LEED usage: rating system design and market transformation. Building Research & Information, 41(04), 384-400.
Vidalakis, C and Sommerville, J (2013) Transportation responsiveness and efficiency within the building supply chain. Building Research & Information, 41(04), 469-81.
Wang, Y, Yao, Y, Zhang, Y, Su, B and Wu, T (2023) Impact of industrial agglomeration on total factor productivity in the construction industry: evidence from China. Construction Management and Economics, 41(04), 322–37.
Zapata Quimbayo, C A and Mejía Vega, C A (2023) Credit risk in infrastructure PPP projects under the real options approach. Construction Management and Economics, 41(04), 293–306.