IS THERE A SUPPLY MOTIVATION FOR SUSTAINABLE GREEN OFFICE BUILDINGS IN NIGERIA?

https://www.linkedin.com/posts/akinropoabraham_the-green-motivation-loss-to-lease-challenges-activit

In Nigeria, the market for sustainable green office buildings has continued to exhibit compelling strong returns in terms of lower operating costs, quality and environmentally friendly premises, and demonstrable premiums sufficient to drive supply and mitigate future risks. These motivations are in one form or the other, with equal risk and return sharing prospects: 1. In-place gross rentals are the best in the market when compared to other non-green-rated office buildings: $500-$800 per square metre. 2. Excellent location in the office market segment, ranking first, second, and third in the prime-grade office market. 3. The likelihood of attaining $1,000 per square metre gross rent before non-certified office buildings. 4. The green-rated office building market size is expected to reach $500million by 2025, and a shared opportunity to be part of the emerging market green building market size of $24.7trillion by 2030, according to the International Finance Corporation estimates. The green-labeled office building market still has room to grow and surpass other commercial office building revenue growth and value appreciation, with a total #LossToLease value of $73.699 million. The current less than optimal market condition due to #LossToLease provides an opportunity for value-add investors to purchase the property at a low price and boost income growth and capital gains. #sustainablebuilding #propertyinvestment #investments #greenopportunity #nigeria #finance #realestateinvestment #motivation #growth #future #sustainable #sustainalebuildingsinnigeria #akinABRAHAMandASSOCIATES