Unsupported browser

For a better experience please update your browser to its latest version.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Government would 'pay green premium'

  • Comment

A survey has revealed that British Government and oil firms would pay a premium of up to 12 per cent  for an energy-efficient building.

According to the report from The Royal Institution of Chartered Surveyors (RICS) sustainability is still important for property professionals despite the worsening economic climate.

The RICS Global Property Sustainability Survey found that in the UK, it was felt that government departments would pay a maximum premium of around 12 per cent while oil companies would be willing to pay 10 per cent extra.

RICS senior economist Oliver Gilmartin said: ‘It’s not surprising anymore that if a building is going to save you money then people are going to pay a premium for it.

‘They are the most interested in showing the public the efforts they go to because of the public relations payback.’

  • Comment

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions.

Links may be included in your comments but HTML is not permitted.