Bright, S and Dixie, H (2014) Evidence of green leases in England and Wales. International Journal of Law in the Built Environment, 6(1-2), pp. 6-20. ISSN 1756-1450
Abstract
Purpose: This paper aims to report on research that investigates the use of green clauses in leases of office and retail premises in England and Wales. Design/methodology/approach: The authors examined 26 recent leases of green build properties registered at HM Land Registry. The green clauses discovered were classified and compared with the model form green clauses promoted by the London-based Better Building Partnership's Green Lease Toolkit. Findings: Of the 26 leases analysed, 18 contained some form of green provision. Research limitations/implications: As the sample selected was not representative, a larger study is needed to detect trends in green leasing. This research method does not show the impact of green clauses on property management. Practical implications: This research illustrates the types of clauses that have been used in leases but also shows that green leasing principles are not yet the industry standard. Many new, long leases still make no reference to environmental practices. Originality/value: This is the first research to be done examining the green content of agreed leases and develops a methodology that can be used for future research.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | BBP green lease toolkit; commercial property; environmental performance; green clauses; green leases; leasehold innovation |
| Index terms: | Wales, toolkit, evidence, commercial property, methodology, green leasing, green leases, property management, land, London, partnership, lease, environmental performance, England |
| Subjects: | evaluation and assessment methods, construction type, economic analysis, property law, real estate economics, Geography, research methods, software systems, sustainability assessment, land economics, partnership management |
| Topics: | Legal Issues, Urban Studies, Construction Technology, Sustainability, Stakeholder Management, Research Practice, Geographical Context, Engineering Principles, Business Strategy |
| Descriptive scope: | 4 PCTA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here