1. The ESPRO Stockholm Conference 2006
SUSTAINABILITY:
The Property Professional’s Role
Ann Heywood PhD BSc FRICS
Chair: RICS Presidential Commission on Sustainability
Director: Principal Purpose- the sustainability consultancy

3. The ESPRO Stockholm Conference 2006
UK Government Priorities
Sustainable consumption and production
Energy and climate change
Conservation of natural resources
Sustainable communities

5. The ESPRO Stockholm Conference 2006

6. The ESPRO Stockholm Conference 2006
Facets of the Property Professional’s Role
Planning and development
Environmental
Building construction
Facilities management

7. GREEN VALUE www.rics.org/greenvalue
The ESPRO Stockholm Conference 2006
GREEN VALUE
Joint North America and UK project
Multiple commercial and Government sponsors
Multiple real life examples

8. GREEN VALUE www.rics.org/greenvalue
The ESPRO Stockholm Conference 2006
GREEN VALUE
What is a Green Building?
“For the purposes of this study, green buildings are those that use resources efficiently, reduce waste and provide superior indoor air and other qualities.”

9. GREEN VALUE www.rics.org/greenvalue
The ESPRO Stockholm Conference 2006
GREEN VALUE
What is Green Value?
“Green Value is the net additional value obtainable by a green building in the market.”

10. GREEN VALUE www.rics.org/greenvalue
The ESPRO Stockholm Conference 2006
GREEN VALUE
Green Value can:
Be quicker to secure tenants
Command higher rents or prices
Enjoy lower tenant turnover
Cost less to operate and maintain

11. GREEN VALUE www.rics.org/greenvalue
The ESPRO Stockholm Conference 2006
GREEN VALUE
Green Value can:
Attract grants and subsidies
Improve productivity for occupants, affecting churn and fit out costs
Benefit occupants to an extent that may exceed asset value

12. GREEN VALUE www.rics.org/greenvalue
The ESPRO Stockholm Conference 2006
GREEN VALUE
Green Value- Next Steps:
Improved valuation methodologies
Improved green databases
Changes to leases
Improved building codes and regulations
Improved communication of results

13. The ESPRO Stockholm Conference 2006