Globally, around half of respondents believe that green/sustainable buildings achieve a rent and a price premium over comparable non-green/ sustainable buildings [...] Furthermore, over 30% of respondents suggest that, even if there is no rent or price premium, buildings not classed as green or sustainable are subject to a brown discount’ (RICS Sustainability Report 2021).
That is why it is so important to understand and implement ESG aspects and requirements in real estate valuation.
Read more in the documents below from RICS - World Built Environment Forum:
The future of real estate valuations: the impact of ESG
Views from a European expert group
January 2024
ESG data list for real estate valuations
A practical reference document on legislative, market-driven and future ESG requirements for valuers and financial clients in the EU
February 2024