November 4, 2020

Going Green Is The Next Big Thing In The Real Estate Industry

The environment or the planet that we live in will not save itself. Green buildings, the act of building energy-efficient and eco-friendly structures, will surely be the next big thing. The concept and overall idea are already turning heads and have begun for years now. The end goal is to ensure that we would further maximize and propel this specific form of buildings for the coming years.

The so-called “green building” is practiced by engineers and architects to maximize the assets we can gain from mother nature. As recent studies have shown, our population’s rise will yet to dwindle as we progress in our daily lives. A probable solution to avoid overcrowding or further damaging natural resources due to infrastructures is adapting and maximizing the said resources.

The question is, why are we slowly adapting to the said practice? What are the causes that have led to the conclusion of such?

Truth be told, the structures that you see in busy cities are not the most eco-friendly forms of buildings. The same goes for residential and commercial properties. The space we consume, the materials used, the electrical consumption, and so much more. If we continue the phase we are in, we could cease the existence of our future generations as we know it.

A gentle reminder is that we can’t undo the damages we have already done. We can, however, improve our actions and save what we currently have.

Here are some great practices being done today that will surely start and trend:

WE STRIVE FOR SUSTAINABILITY

Honestly speaking, going green or the concept of maximizing eco-friendly structures and properties will lead to sustainability. Sustainability, in the long run, that can avoid the disruption of natural resources. Have you noticed how we rarely see trees in the city? Or that bright lights have overpowered broad daylight?

This is a practice that we should cut as early as now should we sustain our lives. A shift towards greener buildings will not only allow us to take advantage of what mother nature provides for free; however, we can also enjoy the health benefits that come along with it.

OMIT CARBON FOOTPRINT

We are slowly trying to omit and reduce our carbon footprint in today’s society. As we mold and improve actions and building structures and properties, we try our best to resolve such an issue. Climate change remains rampant for business and building owners, who are somewhat responsible for carbon emissions and energy efficiencies. 

Having more high-performance green buildings can assist businesses to generate their own energy needs. Without the need for tools and pieces of machinery that emit carbon footprint. With the potential of storing energy back into the grid through a continuous flow within the building. Energy sufficiency also provides an avenue for security in line with long term use and facility.

SAVE MONEY

The idea of reducing energy consumption within a specific building and property will obviously save you and the company money. Using and maximizing natural resources to minimize consumption is already a big step. Luckily, green building will not save the world overnight; the progress of minimal efforts and action will indeed allow a fluid return.

TRANSPARENCY

Having clarity and transparency with your green business practices will ensure corporate responsibility. Which, in return, builds trust among consumers and employees that may lead to a positive boost in your public image. 

Establishments, commercial, and residential spaces have now taken a shift towards green building. Buyers are drawn to the idea that they would be living in an eco-friendly property. Consumers are now aware of purchasing products from brands they trust, and a building that serves the environment surely gets the thumbs up.

EMPLOYEES AND CONSUMERS WELLBEING

A workspace that is well rounded in the sense that the area is environmentally inviting and that the natural resources induce productivity, then your employees’ well-being is intact. The simplicity of minimal lighting needed from the electricals is already a huge shift into a greener workspace. Simple gardens wherein employees can enjoy their lunches also serve as a vital aspect of employee satisfaction.

Again minimal changes and adaptation to an eco-friendly environment can already serve as a ripple effect in changing the way we perceive the office. A productive workplace starts with the people enjoying their stay; why not utilize natural resources to assist in this endeavor.

INCREASE THE MARKET VALUE

Greener buildings can lead to increased market value and long term resilience in both the real estate industry and the overall economic trade. Some numerous buildings and structures have already taken the initiative and have shown remarkable results. Great examples are Robinson’s tower (Singapore), The Edge (Amsterdam), Bullitt Center (US), and so much more.

Landlords have also considered making sure that their properties for rental properties are at par with green initiatives. Real estate investors ensure that properties sold also have features of the same nature to attract sellers who promote the same ideals.

The big question is, when should we start? Truth be told, we have already started, and the growth may be minimal, and the application may not be of such a scale. However, moving forward, if we all consider going green or at least building green and eco-friendly environments even with the tiniest addition in our respective properties, the movement can start a beautiful beginning.

Needless to say, there are already leases that support the green initiative, and investors, businessmen, buyers, and sellers, are all taking action. Rest assured, the future is looking GREENER than ever. Watch as this chapter of maximizing what the environment has to offer unfolds.

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Disclaimer: The blog articles are intended for educational and informational purposes only. Nothing in the content is intended as legal or financial advice.


Excerpts

Greener buildings can lead to increased market value and long term resilience in both the real estate industry and the overall economic trade.

Real estate investors are ensuring that properties sold also have features of the same nature to attract sellers who promote the same ideals.