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Is Sustainability Attractive for Corporate Real Estate Decisions?

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  • Ingrid Nappi-Choulet
  • Aurélien Décamps

Abstract

This paper provides an analysis of the impact of sustainable principles on corporate property decisions and attractiveness for business districts in the French context. It is based on a behavioural survey conducted across a large sample of corporate property managers and a MCA approach which highlights key factors about the influence of sustainable principles among traditional determinants of territorial attractiveness. This approach allows us to draw up a typology of actors regarding the diffusion of sustainability issues. It emphasizes a general improvement of sustainability on location choice especially for listed companies, owners of their head office and companies located into the main business districts of the Paris metropolitan area.

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  • Ingrid Nappi-Choulet & Aurélien Décamps, 2011. "Is Sustainability Attractive for Corporate Real Estate Decisions?," ERES eres2011_40, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2011_40
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    Cited by:

    1. Ingrid Nappi-Choulet & Aurélien Decamps, 2012. "The impact of energy efficiency and green performance on the value of corporate real estate portfolios," ERES eres2012_145, European Real Estate Society (ERES).

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    JEL classification:

    • R3 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Real Estate Markets, Spatial Production Analysis, and Firm Location

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