Rental premium of BREEAM certified offices in Central London 2010-Q1 2021

Published by Statista Research Department, Jan 11, 2023
Offices with sustainability certification in Central London had higher rental rates than non-certified offices during the period between 2010 and the first quarter of 2021. The source analyzed 2,701 properties using a hedonistic regression model and concluded that offices with BREEAM Outstanding rating fetched on average 12.3 percent higher rents than non-certified offices. A BREEAM Very Good rating, on the other hand, led to a rental premium of 3.7 percent.

Average rental premium of BREEAM certified offices in Central London between 2010 and 1st quarter 2021

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Release date

August 2021

Region

United Kingdom (England)

Survey time period

2010 to Q1 2021

Number of respondents

2,701 respondents

Special properties

office properties

Supplementary notes

BREEAM (Building Research Establishment Environmental Assessment Method) is a sustainability assessment method focusing on categories such as energy, land use and ecology, water, health and wellbeing, pollution, transport, materials, waste, and management.

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