Hong Kong reportedly tops six-city green office rent premium comparison at 23%
Bloomberg reports Savills found Singapore landlords least likely to gain a premium, with green standards already widespread there.
TLDR
Savills calculated an average green-upgrade rent premium of 23% in Hong Kong, ahead of Amsterdam’s 18% and London’s 11%, Bloomberg reports. Its analysis covered more than 2,000 office buildings across six cities. Singapore landlords were least likely to gain a premium because most buildings there already meet green standards. That finding concerns the likelihood of a premium, not its size.
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