What is environmentally sustainable real estate investing?
Many investors are discovering that they can “do well by doing good” in terms of property investment choices. These investors are committed to going beyond the minimum legal requirements to address environmental issues. Many are choosing to protect Earths resources such as land, water and natural habitats by investing in environmentally friendly commercial properties. In fact, in a recent survey of real estate executives conducted by the Urban Lands Institute, 57% of the respondents said they are promoting energy conservation, water conservation or recycling in properties they own or manage. Environmentally sustainable real estate investing involves making a commitment to development or buildings that incorporate one or many environmentally sound principles, including community smart growth planning, efficient use of natural resources and energy, reduced indoor and outdoor pollutants, use of recycled or green building materials, and greater harmony with local ecosystems.