Publication detail

Valuation of certified office buildings in Czech Republic

KOMOSNÁ, M. JANDÁSKOVÁ, T. HRDLIČKA, T. MRŇOVÁ, Z. TICHÁ, A.

Original Title

Valuation of certified office buildings in Czech Republic

Type

conference paper

Language

English

Original Abstract

Buildings are responsible for 20% of greenhouse gases production, contributing significantly to global warming. One approach to limiting greenhouse gas production is construction and operation of buildings according to the principles of sustainable construction. There are 113 certified buildings in the Czech Republic. 57% of the total consists of an office building. For this purpose, the LEED and BREEAM global certification programs and one local certification program, SB TOOL CZ, are used in the Czech Republic. The paper deals with the position of environmental certification of office buildings in the Czech Republic. Also impact of certification on the rent of office space is considered. A part of the paper is a case study containing an analysis of 139 office rent offers in the Czech Republic. The analysis also deals the impact of operating costs (service cost) in certified and noncertified buildings. The results suggest that, compared to buildings in the same submarkets, certified buildings have a rental price premium. A questionnaire survey is part of the research as well. The survey deals with priorities for the selection of office area. This survey is carried out for users of green buildings and it is focused to factors of certification. According to survey, multinationals prefer rent of office areas located in certified buildings as well as green solutions generally.

Keywords

Certifirf buildings, office buildings, valuation, sustainability, office rent

Authors

KOMOSNÁ, M.; JANDÁSKOVÁ, T.; HRDLIČKA, T.; MRŇOVÁ, Z.; TICHÁ, A.

Released

30. 6. 2019

ISBN

978-619-7408-89-8

Book

SGEM Conference Proceedings 2019

Edition

první

Edition number

první

ISBN

1314-2704

Periodical

International multidisciplinary geoconference SGEM

State

Republic of Bulgaria

Pages from

591

Pages to

596

Pages count

722

BibTex

@inproceedings{BUT158382,
  author="Milada {Komosná} and Tereza {Jandásková} and Tomáš {Hrdlička} and Zuzana {Mrňová} and Alena {Tichá}",
  title="Valuation of certified office buildings in Czech Republic",
  booktitle="SGEM Conference Proceedings 2019",
  year="2019",
  series="první",
  journal="International multidisciplinary geoconference SGEM",
  number="první",
  pages="591--596",
  isbn="978-619-7408-89-8",
  issn="1314-2704"
}