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Paper eres2011_77:
Implementation of Green leases in Sweden

id eres2011_77
authors Bonde, Magnus
year 2011
title Implementation of Green leases in Sweden
source 18th Annual European Real Estate Society Conference in Eindhoven, the Netherlands
summary The starting point for this paper is a number of barriers that hinder profitable energy efficiency investments being conducted i.e. “the energy paradox”). Examples are asymmetric information, split incentives, and transaction cost. One way to reduce these barriers are “green” lease and the idea behind this is presented in the paper as well as examples from different countries. The paper then presents a case study about the introduction of green leases in a large office property in Sweden in order to reduce split incentives in a complex organisation structure. The situation concerns an international investor, a property manager and tenant, which is a common situation but seldom discussed in the literature. The process used and the resulting contract developed in this project could be used to solve similar situations in other regions/countries.
keywords green leases, office building, split incentives, energy efficiency
series ERES:conference
content file.pptx (2,287,142 bytes)
discussion No discussions. Post discussion ...
session E4: Behavioral Studies in Green Buildings & Environmental Policies
last changed 2011/06/23 16:27
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