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The Evolution and Impact of a Green Office Submarket: A Framework for Analysis and a Research Agenda

Author

Listed:
  • Tunbosun B. Oyedokun
  • Neil Dunse
  • Colin Jones

Abstract

Commercial property markets in major cities of the world have experienced significant transformation by the global clamour for incorporation of sustainability in commercial buildings through the introduction of various local and international rating tools. The effect of this trend is the potential emergence of green office property sub-market with a seemingly competitive edge over the non-green office market. This in turn could bring implications for the demand and depreciation of non-green offices. This paper presents a framework for analysing these processes, assesses the evidence so far on these developments and sets out a research agenda.

Suggested Citation

  • Tunbosun B. Oyedokun & Neil Dunse & Colin Jones, 2014. "The Evolution and Impact of a Green Office Submarket: A Framework for Analysis and a Research Agenda," ERES eres2014_87, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2014_87
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    File URL: https://eres.architexturez.net/doc/oai-eres-id-eres2014-87
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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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