This study aims to review empirical research concerning the impact of green certificates on
property cash flows and values, particularly from professional property investors' …

The literature dealing with building energy efficiency has long since debated about the
possible occurrence of the so-called Jevons' paradox. In a nutshell, benefiting from energy …

US gross domestic product (GDP) is generated through service sector work in office
buildings (84% of all US jobs and 82% of US GDP) 1 and manufacturing in industrial …

Diffusion of new technology, such as green bond policies, is impacted by inefficiencies and
frictions as the market navigates adoption. Using data from Fannie Mae multifamily green …

This paper explores private equity real estate fund performance and voluntary
environmental, social, and governance (ESG) disclosures. Using data from the National …

Research shows that CSR certification motives span from being symbolic to substantive.
Prior studies have mainly focused on the differences between firms that hold and do not hold …

Environmentally-sustainable investment can impact firm financial performance through
multiple channels. We concentrate on disentangling the related cash flow and valuation …

Distinct from the existing literature, which mainly focuses on the impacts of green building
practices on the owners' benefits, this paper examines capital market participants' …

Adoption of green building certifications can help mitigate climate change in several ways.
The most evident impact is introduction and implementation of higher environmental …

With the promotion of the concept of sustainable development and green buildings, green
building rating systems are beginning to emerge and gradually attract more attention …