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What explain spatial distribution of green buildings in the UK?

Author

Listed:
  • Qiulin Ke
  • Fangchen Zhang

Abstract

Empirical studies provide evidence that commercial real estate with BREME, LEED, ECP, or Energy Star certifications command sale and rent premiums. However, there is a regional gap in green building distribution, often influenced by property market returns and underlying economic conditions in these areas. This paper empirically investigates the factors driving the transformation of green buildings across regions in England and Wales, focusing on regional economic development, green jobs provision, deprivation and commercial real estate market dynamics. We use the building locations of EPC ratings that meet the UK government minimum standards (i.e. EPC rating A-C) to explore the spatial clustering of green building practices in commercial buildings in England and Wale and explore the factors that cause the spatial difference of green buildings.

Suggested Citation

  • Qiulin Ke & Fangchen Zhang, 2025. "What explain spatial distribution of green buildings in the UK?," ERES eres2025_234, European Real Estate Society (ERES).
    • Handle: RePEc:arz:wpaper:eres2025_234
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    Keywords

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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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