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Research paper

Awareness of green leases in real estate

Jacob Moses Acton, Matthew Fox, Jim Carfrae and Steve Goodhew
Journal of Building Survey, Appraisal & Valuation, 11 (4), 364-373 (2023)
https://doi.org/10.69554/CSPO4773

Abstract

This research paper assesses the level of awareness of green leases in England and establishes the range of current attitudes of various property professions towards adoption of the green clauses in commercial leases. The current willingness for landlords and tenants to adopt a green lease is scattered and not aligned with government initiatives to achieve net zero. Best practice recommendations are needed to ensure both landlords and tenants understand what arrangements best fit their circumstances. For the impact of green clauses to be maximised and, where appropriate, implemented, they need to be communicated in terms to which both parties are happy to commit.

Keywords: green lease; landlord; tenant; sustainability; real estate; lease

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Author's Biography

Jacob Moses Acton is an Assistant Building Surveyor working at JLL, London with a particular focus on occupier services. Jacob has worked with large conglomerates such as Diageo, British Land and Barclays and assisted in small to medium scale fitout projects in the city. Having a passion for sustainability, a lot of his research post-university largely relates to landlord and tenant relationships prelease, during lease terms and at lease end. Jacob endeavours to continue research in green leases and dilapidations, to understand how the industry can shift that space to be as sustainable as the buildings themselves. Jacob was born in The Gambia and migrated to the UK in 2006 when he was 9 years old. He grew up Kent and began his further education studying geography at Exeter University, going on to complete a building surveying degree at Plymouth University.

Matthew Fox PhD is an Architect, Lecturer and Researcher in sustainable architecture at the University of Plymouth. Matthew’s research interests include earth construction, thermography, living wall systems and sustainable development. Research projects have included participating in the DeViz project where thermal imaging was used to engage contractors’ mid-construction to understand how builders can be educated and motivated to minimise building defects formed during the construction phase. In the field of earth construction, Matthew is currently working as a researcher on the CobBauge Project, a European Interreg funded project aimed at developing an optimised version of traditional cob that can meet current standards/regulations for thermal performance. Alongside his academic work, Matthew also works as a practising architect and category 2 qualified building thermographer. Specialising in sustainable architecture using natural materials, a recent project has been working as the project architect for the first building constructed from CobBauge in the UK.

Jim Carfrae PhD is a Research Fellow with the CobBauge Project and Lecturer at the University of Plymouth. Jim’s expertise is in the thermal and moisture performance of natural building materials, particularly earth and straw bale. He has a special interest in quantifying and reducing the embodied energy in buildings. He also runs a design practice and works as a consultant for natural building practitioners.

Steve Goodhew conducts researches into the sustainability and building performance of both new and listed properties as individual units and also as urban groupings at the University of Plymouth. He is an expert in thermography and its use in relation to improving the building performance of homes and commercial properties. He also works in the area of sustainable construction materials, particularly cob. He is PI for the DeViz Project, specialising in undertaking a variety of thermal measurements and investigating wider issues in relation to energy use in buildings. Steve is a Fellow of the RICS, CIOB, RSA and CEnv, alongside a sub-panel member REF2021, unit 13.

Citation

Acton, Jacob Moses, Fox, Matthew, Carfrae, Jim and Goodhew, Steve (2023, March 1). Awareness of green leases in real estate. In the Journal of Building Survey, Appraisal & Valuation, Volume 11, Issue 4. https://doi.org/10.69554/CSPO4773.

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cover image, Journal of Building Survey, Appraisal & Valuation
Journal of Building Survey, Appraisal & Valuation
Volume 11 / Issue 4
© Henry Stewart
Publications LLP

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