IPD launches green property investment index
By Tina Perinotto1 March 2011 –In what could signal a major breakthrough, property investment analyst IPD on Monday launched its long awaited green property index at Green Cities 2011 and the results vindicate the industry’s commitment to a more sustainable product: Green Star and NABERS-rated buildings outperform non-rated buildings on a financial basis by a significant margin, especially at the upper end of ratings performance. The new Property Council of Australia/IPD Green Property Investment Index, flagged inThe Fifth Estate in November last year, will be welcomed by the sustainable property industry because it finally places in the Australian public domain credible investment data that will convince sceptical capital markets that there are financial rewards to add to the environmental, social and ethical benefits of more sustainable product....
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