The Potential Impacts of the 'Green' Building Movement on Commercial Property Valuation and Associated University Curricula
- Institute of Sustainable Development & Architecture, Bond University
- Publication Type:
- Conference Proceeding
- 36th Annual Conference for Australasian University Building Educators Association, 2011, pp. 560 - 571
- Issue Date:
The development and investment sectors of the commercial property market presently struggle to validate higher development costs for 'Green' Buildings. New dimensions in property market dynamics surround the measurement of green building returns. These are likely to result in some fundamental changes to the enquiries and perhaps rationale used to determine relevant valuations. This paper explores the new and evolving factors becoming increasingly relevant in the valuation of green and non-green commercial building stock as a response to sustainable performance measurement and attempts to identify the gaps in training for property valuers.
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