Green commercial, logistics properties' valuations more resilient: IREUS
Green buildings play a key role in slowing global warming, and there's an economic case for such assets
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Singapore
ENVIRONMENTALLY friendly properties tended to perform better during the global pandemic, with generally smaller drops in valuations when compared to buildings without green certification, an analysis by the Institute of Real Estate and Urban Studies (IREUS) found.
It compared the changes in the values of properties held by Singapore-listed real estate investment trusts (S-Reits), across different sectors and countries, between fiscal years 2019 and 2020.
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