Aug 18, 2010

Honi soit qui mal y pense

In the foreword to a green supplement in the magazine House and Garden (in 2008), the Prince wrote: "Why, I must ask, does being 'green' mean building with glass and steel and concrete and then adding wind turbines, solar panels, water heaters, sedum roofs, glass atria - all the paraphernalia of a new 'green building industry' - to offset buildings that are inefficient in the first place?
"That many of these add-ons are mere gestures, at best, is now clear, as their impacts on home energy consumption can now be measured and usually offer scant justification for the radical nature of the design." (see for more on this)

Beyong Prince Charle (fair) question, green buildings definition, added value of green real estate is a wide open debate in the real estate industry (not that much in Germany though…) across the globe. I have in the past discussed the matter in a number of posts on alstria’s blog.

I recently read another paper by a British Royal institution (the RICS) dated September 2009 called RICS VIP 13. This paper deals with sustainability and commercial property valuation. I have also from time to time been harsh on RICS (see the "back to the future" post), but this is the most sensible paper I have ever read with respect to sustainability in real estate. I would endorse most of the idea imbedded in this paper. And cleary recommend for anyone interested in the matter to read it. Still on the beach, and nothing left to read. Go get it. You can download it here.

1 comment:

  1. On your link the document can only be downloaded as a registered user. Here is another source: