Commercial Property

Changing climate: How going green and sustainable has become a big draw for tenants

Aviva Life & Pensions found that companies are willing to pay higher rents for greener properties

Aviva recently upgraded 18 Lower Leeson Street in Dublin 2 to an ultra-modern, grade A office building. The building has attracted high levels of interest from nearby tenants who want to relocate to a ‘greener’ building

Large-scale real estate funds come in many guises, including pension funds.

Aviva’s pension division is one of the largest commercial property landlords in Ireland and manages 58 properties that are a mix of retail, office, industrial and other properties. A major drive among its fund managers is focused on constantly improving the environmental and social impact of these investments.

With the understanding that the built environment contributes almost 40 per cent of carbon emissions globally, ...