Certified construction? Oh yes – that’s those handy plaques in platinum or gold, the ones that allow building owners to walk around with architects and announce publicly, “Look everyone, we’re sustainable!” Sort of – yes, that’s one way to describe sustainability certificates. Though actually, buildings don’t simply earn certificates because they deserve to, especially after investing so much time and hard work. It is also a well-earned award for of all those important decisions to look after the environment, for keeping a close eye on commercial viability, and for ensuring the development will be good for the people within the buildings and districts.
With a market share of over 80 per cent for new commercial properties and more than 60 per cent of the overall market, the German Sustainable Building Council (DGNB) is the undisputed market leader in the German commercial property segment, well ahead of other certification systems. This was the conclusion of the latest market report issued by BNP Paribas Real Estate – Market Focus: Green Buildings 2017. Hermann Horster, Head of Sustainability at BNP Paribas Real Estate, answered our questions about the role played by certified buildings in the investment market, also covering a variety of other issues.