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Lower vacancies and higher rents in green buildings

The report, Do Green Buildings Make Dollars and Sense?, is the product of a year-long research effort and is the largest study of its kind to date.

The study showed that green buildings have 3.5% lower vacancy rates and 13% higher rental rates than the market.

It also indicated that 18% of tenants are willing to pay more for green space, and that tenants believe healthy indoor environments positively impact staff retention (61%) and client image (70%).

"The results of this project are beginning to demonstrate the very real and positive impact of sustainable buildings for both our owners and tenant occupants. We have been seeking ways to make an empirical case for the economic benefits of sustainable practices and the results of this study exceeded our expectations," said CBRE national director of sustainability Dave Pogue.

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