Real Estate Investor Magazine South Africa October 2014 | Page 43

COMMERCIAL REI COMMERCIAL ENERGY-EFFICIENT BUILDINGS: BETTER INVESTMENTS A new collaboration between IPD South Africa and the Green Building Council of South Africa (GBCSA) proves that energy-efficient buildings offer higher returns for their owners and are therefore better investments. The IPD South Africa Annual Green Property Indicators, sponsored by Old Mutual Investment Group, show that energy-efficient buildings in 2013 had greater occupancy levels, generated higher net incomes per square metre and delivered higher net income growth, compared with less efficient counterparts. Furthermore, greener buildings consume around a third less electricity and half the amount of water. This means lower utilities bills for occupiers, enabling businesses to operate with lower costs. For the year ending December 2013, properties with top-quartile energy efficien