Sustainability of Sustainable Real Property Development

Addae‐Dapaah, Kwame; Hiang, Liow Kim; Sharon, Neo Yen Shi

doi:10.1080/10835547.2009.12091781

Cited by 42 publications

(25 citation statements)

References 9 publications

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“…The studies cover subjects such as users’ perception of green buildings, the impact of green features on property performance, and willingness to pay for green buildings. Among the studies that have examined users’ perception of the green building are Abbaszadeh et al (2006), Addae-Dapaah et al (2009), Brown and Cole (2009), Investment Property Forum (2009), Adnan and Daud (2010), Wilkinson et al (2011), Simons et al (2014), Komolafe and Oyewole (2015) and Oyewole and Komolafe (2018). The foci of such studies have been the nature and dimension of the benefits of green building, users’ satisfaction on green building or users’ preference for green building features.…”

Section: Literature Reviewmentioning

confidence: 99%

Developers’ willingness to invest in green features in Abuja, Nigeria

Oyewole

Ojutalayo

Araloyin

2019

SASBE

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Purpose -The purpose of this paper is to investigate the degree of willingness of property developers to invest in green features in Abuja, the federal capital city of Nigeria, to determine the level of their preparedness for green building development. Design/methodology/approach -Data were elicited from the property managers of the various property development companies through self-administered questionnaire and analyzed with the use of frequency distribution, percentages and measures of developers' willingness to invest index. Findings -The study showed that the developers' level of willingness to invest in green features is above average with the value of willingness indices on most features rising above 2.5 on a five-point scale. Features that are less capital intensive such as "Location of air intake that are far from source of pollution" (RWI ¼ 4.14) and "Building design that utilize natural and cross ventilation" (RWI ¼ 4.12) attracted higher developers' level of willingness than features such as "Mechanical ventilation of enclosed parking area" (RWI ¼ 2.15) and "Design for energy efficient deconstruction and recycling" (RWI ¼ 1.84) that are more capital intensive. In addition, the index of willingness (relative willingness index of developers) on features that are associated with occupants' comfort is higher than the index of willingness on features that confer more of environmental benefits. Practical implications -The study concludes by advocating that parliamentary arms of all tiers of government should formulate environmental policies and laws that will entrench sustainable practices in the building industry in the country. Originality/value -This is one of the few studies on the willingness of major stakeholders to invest in green features, particularly in the Nigerian context.

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Section: Literature Reviewmentioning

confidence: 99%

Developers’ willingness to invest in green features in Abuja, Nigeria

Oyewole

Ojutalayo

Araloyin

2019

SASBE

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“…The present study attempts to investigate the linkage between buildings' workplace design features, occupants' job satisfaction (JST), and organization commitment (OCM). We consider workplace design features with special reference to green buildings, defined as the design that reduces the negative effects of construction development on the environment and human well-being and promotes sustainable life (Addae-Dapaah, Hiang, & Sharon, 2009). In Indian context, before giving green building certification to any organization, the building is rated against the established rating systems.…”

Section: Introductionmentioning

confidence: 99%

Workplace Design Features, Job Satisfaction, and Organization Commitment

2017

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Of late, there has been growing awareness among organizations as to the importance of green issues. This article seeks to examine how workplace design features of a green building contribute to the formation of employee organization commitment (OCM) through better job satisfaction (JST) within employees. Based on a comprehensive literature review, a theoretical model was proposed for investigation. Three putative paths linking workspace (WSP) to JST, departmental space (DSP) to JST, and JST to OCM were then tested relying on a survey data of 356 employees collected from three Leadership in Energy and Environmental Design (LEED)-certified companies, namely Indian Tobacco Company (ITC), Suzlon Energy Ltd, and Olympia Technology Park uses structural equation modeling (SEM) methodology as prescribed by Hair et al. Significant evidences were witnessed in support of all three purposed paths. The study drew data only from the greencertified organization. Future research should involve other green organization or larger sample of green building. The size and character of the sample were restricted by organizational constraints. Keywords green building, workplace design feature, JST and organization commitment, Leadership in Energy and Environmental Design (LEED)

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“…These studies looked at buildings in Singapore, Milan and Hong Kong. The 2009 study of 400 users of commercial buildings in the city-state of Singapore (5.7 m) found that office occupants were reluctant to invest in and/or occupy a green building (GB) [12]. One wonders how these respondents would respond twelve years later.…”

Section: Place-based Contextmentioning

confidence: 99%

“…LEED Canada EB: O&M (existing building: operation and maintenance) provides an entry point into LEED certification for owner landlords of existing buildings [46]. In 2018 Canada placed third in number and square footage of LEED projects worldwide-after the United States and China [12]. Commenting on these efforts Thomas Mueller President and CEO of CaGBC notes: 'Canada's building industry is demonstrating how business and sustainability can go hand in hand .…”

Section: Decision To Use Leed Certificationmentioning

confidence: 99%

Decisions by Key Office Building Stakeholders to Build or Retrofit Green in Toronto’s Urban Core

Ensign

Roy²,

Brzustowski³

2021

Sustainability

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The environmental impact of greenhouse gas emissions from buildings—especially in global cities such as Toronto—is well documented. Green mitigation of new and existing buildings has also been researched. Few studies, however, have focused on the decision to build or retrofit green. Are key stakeholders in Toronto’s office building sector aligning their decisions to achieve sustainable environmental goals? Do they support LEED certification regardless of the impact on market valuation? Are tenants willing to pay higher rents in LEED office buildings? The study first obtained data on 16 LEED and 52 conventional buildings to determine if LEED certification has a significant impact on net asking rent. Pearson correlation and linear regression analysis did not find LEED certification to be statistically significant in explaining the variance in net asking rent (market value). The second stage included interviews with senior executives engaged in Toronto’s office building sector. The expert informtabants were asked to assess if financial drivers are the deciding factor in decisions to pursue LEED certification. They concurred that LEED certification is not the primary driver. It is a combination of numerous factors that overall have an impact on a firm’s financial bottom line.

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Sustainability of Sustainable Real Property Development

Cited by 42 publications

References 9 publications

Developers’ willingness to invest in green features in Abuja, Nigeria

Developers’ willingness to invest in green features in Abuja, Nigeria

Workplace Design Features, Job Satisfaction, and Organization Commitment

Decisions by Key Office Building Stakeholders to Build or Retrofit Green in Toronto’s Urban Core

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