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Is Sustainability Attractive for Corporate Real Estate Decisions ?

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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Paper provided by ESSEC Research Center, ESSEC Business School in its series ESSEC Working Papers with number WP1106.

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Length: 33 pages
Date of creation: 13 Jul 2011
Date of revision:
Handle: RePEc:ebg:essewp:dr-11006
Contact details of provider: Postal: ESSEC Research Center, BP 105, 95021 Cergy, France
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  7. David Levinson & Ajay Kumar, 1994. "The Rational Locator: Why Travel Times Have Remained Stable," Working Papers 199402, University of Minnesota: Nexus Research Group.
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  9. Thierry Theurillat, 2011. "La ville négociée : entre financiarisation et durabilité," GRET Publications and Working Papers 12-11, GRET Group of Research in Territorial Economy, University of Neuchâtel.
  10. Nappi-Choulet, Ingrid & Maury, Tristan-Pierre, 2008. "A Spatiotemporal Autoregressive Price Index for the Paris Office Property Market," ESSEC Working Papers DR 08008, ESSEC Research Center, ESSEC Business School.
  11. Ingrid Nappi-Choulet, 2006. "The Role and Behaviour of Commercial Property Investors and Developers in French Urban Regeneration: The Experience of the Paris Region," Urban Studies, Urban Studies Journal Limited, vol. 43(9), pages 1511-1535, August.
  12. Franz Fuerst & Patrick McAllister, 2009. "An Investigation of the Effect of Eco-Labeling on Office Occupancy Rates," Real Estate & Planning Working Papers rep-wp2009-08, Henley Business School, Reading University.
  13. Michael Greenacre, 2008. "Correspondence analysis of raw data," Economics Working Papers 1112, Department of Economics and Business, Universitat Pompeu Fabra, revised Jul 2009.
  14. Jonathan Wiley & Justin Benefield & Ken Johnson, 2010. "Green Design and the Market for Commercial Office Space," The Journal of Real Estate Finance and Economics, Springer, vol. 41(2), pages 228-243, August.
  15. Guillaume Pouyanne, 2005. "Land Use mix and Daily Mobility - the Case of Bordeaux, France," ERSA conference papers ersa05p84, European Regional Science Association.
  16. Michael Storper & Anthony J. Venables, 2003. "Buzz: face-to-face contact and the urban economy," LSE Research Online Documents on Economics 20008, London School of Economics and Political Science, LSE Library.
  17. Rachel Guillain & Julie Le Gallo & Celine Boiteux-Orain, 2006. "Changes in Spatial and Sectoral Patterns of Employment in Ile-de-France, 1978-97," Urban Studies, Urban Studies Journal Limited, vol. 43(11), pages 2075-2098, October.
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