We have just launched our ESG research report today. With a survey on 181 office buildings in Hong Kong, some key takeaways: 1. Every enhancement of ESG-related criteria can contribute to up to 17.1% of rental premium for Hong Kong office buildings. 2. Sustainable certification is becoming a screening criterion to avoid brown discounts. 3. About 43% of buildings surveyed conducted sustainable buildings accreditation, and more to come. 4. Integrating ESG-related criteria beyond sustainable certifications unlocks substantial green premiums. 5. The top three ESG-related criteria considered rental sensitive in Hong Kong are EV charging infrastructure, Art and Culture Integration, and Green Pledge. Check out the full report below.
#ESG plays a critical role in the commercial #realestate sector. To study how each ESG factor influences #office rental premiums, Knight Frank has surveyed 181 representative and active office buildings across Hong Kong Island and Kowloon. Understand our key findings below and explore the full report for more insights: https://lnkd.in/gDGi4ANd Martin Wong Lucia Leung Meir Lam Jackie Cheung Wincy Wan Elaine Kong #CRE #property #sustainability #YourPartnersinProperty
