Two new reports on the investment value of green buildings raise some concerns about green hype. The first found that "rents for green offices are about 2% higher than rents for comparable buildings located nearby" and were even 6% higher when adjusted for occupancy levels. The report, "Doing Well by Doing Good? Green Office Buildings," stated further that, based on a 6% capitalization rate, "the incremental value of a green building is estimated to be about $5.1 million more than the value of a comparable unrated building nearby."
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