eprintid: 888
rev_number: 1
eprint_status: archive
userid: 1
dir: disk0/00/00/08/88
datestamp: 2020-04-23 05:21:40
lastmod: 2020-04-23 05:21:40
status_changed: 2020-04-23 05:21:40
type: thesis
metadata_visibility: show
creators_name: Strotmann, Roeland
title: The Effect of sustainability on Dutch office asset value
ispublished: pub
full_text_status: public
abstract: 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
date_type: published
thesis_type: master
degree_programme: VG
tutors_name: Liu, Xiaolong
tutors_name: Daams, Michiel
keywords_local: Office transactions
keywords_local: Energy efficiency
keywords_local: Office buildings
keywords_local: Sustainability
keywords_local: Dutch office market
language_iso: en
titleorder: Effect of sustainability on Dutch office asset value
dbi: 5c497e3f6ca6f
imported_item: yes
date_of_import: 2020-04-22
imported_from: http://scripties.frw.eldoc.ub.rug.nl/root/ma/VG/2018/rstrotmann/
import_source_file: theses-frw-20200422132455-5c497e3f6ca6f.xml
date_issued: 2018-01-01
citation:   Strotmann, Roeland  (2018) The Effect of sustainability on Dutch office asset value.  Master thesis.   
document_url: https://frw.studenttheses.ub.rug.nl/888/1/Thesis_Sustainability_R_Strotmann.pdf