relation: https://frw.studenttheses.ub.rug.nl/888/
title: The Effect of sustainability on Dutch office asset value
creator: Strotmann, Roeland
description: Previous studies on the effect of sustainability, i.e. energy efficiency on the value of office buildings, mainly focused on markets other than the European market. This paper shows the highly significant effect of the level of sustainability on the transaction price of office buildings in the Dutch market, based on 406 office transactions from the years 2013 to 2018. It demonstrates that there is a significant effect of energy efficiency on realized transaction prices. Using data provided by Cushman & Wakefield, the statistical analysis indicates that investors rationally or irrationally take sustainability into account when investing in offices during the period of 2013 till 2018. It indicates a decrease in transaction price of 35% when the energy index of an office building increases with one unit.
date: 2018
type: Thesis
type: NonPeerReviewed
format: text
language: en
identifier: https://frw.studenttheses.ub.rug.nl/888/1/Thesis_Sustainability_R_Strotmann.pdf
identifier:   Strotmann, Roeland  (2018) The Effect of sustainability on Dutch office asset value.  Master thesis.