Eco-Friendly (2/2)
- cherifmedawar
- Jan 6, 2020
- 2 min read
Environmental awareness is increasing among the population, and people are beginning to make purchasing decisions based on the environmental practices of corporations.
For this reason, many well-known companies arelooking for more eco-friendly commercial real estatein an effort to fall more in line with governmental regulations as well as appeal to a wider range of customers. This means that investing in eco-friendly commercial real estateis becoming more popular among investors.
Lower Operating Costs
Although eco-friendly commercial real estatecan be slightly more expensive to build, they are more efficient to operate. Experts say that “green” buildings can save between 20 and 40% in energy usage alone. With the greatly reduced operating costs, companies are able to recoup their investment in eco-friendly buildings fairly quickly.
Government Incentives
In many instances, there are government incentives available to building owners who want to turn a traditional building into a “green” building. In his real estate training, Cherifshows you how to use government incentives to convert existing buildings and make them “greener” to appeal to more tenants who are in the market for eco-friendly commercial realestate.
Higher Productivity
According to research by the Society for Human Resource Management, employee morale at companies that instituted environmentally responsible programs improved by 44%, employee loyalty increased by 16%, and most importantly, the public image of the company grew stronger by 42%. Consumer confidence also improved by 20% as customers learned of the eco-friendly incentives the company had implemented.
In Cherif Medawar’s DVD series based on his real estate courses, you can learn how to harness this customer increase by investing in eco-friendly buildings that are in high demand right now.“Going Green” is currently gaining in popularity all over the world, and investing in eco-friendly commercial real estateis becoming a lucrative investment for many.
For more information on how to invest in eco-friendly commercial real estate, go to CMREI
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