IDEAS home Printed from https://ideas.repec.org/p/afr/wpaper/afres2015_130.html
   My bibliography  Save this paper

Towards Green Leases And Sustainable Property Management Practice In Africa

Author

Listed:
  • Olusegun Adebayo Ogunba

Abstract

PURPOSE: The literature and practice of green building in most of Africa is dominated by architects and builders rather than property management practitioners. This is a paradox, because literature (for example Yudelson, 2014), suggests that it is at the operational (property management) stage rather than at the design and build stages of the building life cycle that the negative environmental impacts of buildings environment are largely generated. The paper investigated three objectives in this context: the nature of negative impacts generated by buildings in their operational stage; whether property management as presently conventionally practiced contains green features that address the negative impacts; and factors inhibiting full operation of green leases. These were with a view to enhancing green property management practice across Africa. Ibadan, (a major city in Nigeria), was offered as an example of a typical African city suitable for the investigations.METHODS Followed: The method was to administer questionnaire on a total enumeration survey of all 69 property management firms in Ibadan as well as two each of their tenants (a total of 138 tenants).FINDINGS: The results identified major carbon dioxide emissions and waste generation as the significant negative impacts of buildings during their operational stage. However, property management practice as conventionally practiced was not found to address these negative impacts; their green focus was restricted to issues such as separate digital metering and use of energy saving bulbs. Major factors pointed to as significantly inhibiting their full adoption of green leases were the lack of awareness of the benefits and cost implications of green leases and lack of training/empowerment of property managers/tenants on operation of such leases.IMPLICATIONS & VALUE: The study has implications for the stimulation of sustainable property management practices in Africa which currently lags the rest of the world in this regard.VALUE: The paper is one of the first to empirically and comprehensively investigate green buildings from the property management perspective.

Suggested Citation

  • Olusegun Adebayo Ogunba, 2015. "Towards Green Leases And Sustainable Property Management Practice In Africa," AfRES afres2015_130, African Real Estate Society (AfRES).
  • Handle: RePEc:afr:wpaper:afres2015_130
    as

    Download full text from publisher

    File URL: https://afres.architexturez.net/doc/oai-afres-id-afres2015-130
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Green Buildings; Green Leases; sustainable property management;
    All these keywords.

    JEL classification:

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

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:afr:wpaper:afres2015_130. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Architexturez Imprints (email available below). General contact details of provider: https://edirc.repec.org/data/afresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.