ESG & Investing

UK Property Market Now Comes With a Green Premium

In London, climate change is increasingly reflected in how much it costs to buy or rent real estate.

Photographer: Chris Ratcliffe/Bloomberg
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In London, climate change is increasingly reflected in how much it costs to buy or rent real estate.

Office space in the UK capital that’s classified as “green” by virtue of a sustainability certification commands a 20% premium over buildings without such labels, according to data compiled by property broker Jones Lang LaSalle Inc.