A STUDY ON ECONOMIC IMPACT OF ENVIRONMENTAL EFFICIENCY AND INTELLECTUAL PRODUCTIVITY CONTRIBUTION ON RENTS

Abstract

We conducted a survey on economic impact of CASBEE score and intellectual productivity. We found some effective correlation between CASBEE scores and rents. For example, rents of CASBEE building have possibility to be 3.6% higher rents compared to those of non-CASBEE buildings. We also observed correlation between intellectual productivity score and rents. We will disseminate such findings to market players in Japan in order to promote green properties.