If you’re a professional real estate investor in Canada, chances are you want green buildings in Toronto…
(Source: The Toronto Sun)
Almost two-thirds of professional Canadian real estate investors are planning to add to their portfolios over the next 12 months and are willing to pay a premium for green buildings, a global survey of the commercial property market found.
The majority of investors, or 85%, favoured making acquisitions in Canada, with Toronto the preferred location, followed by Vancouver and Montreal, the Colliers International Global Sentiment Survey said.
Canadian investors were greener than their U.S. counterparts, with 50% saying they were prepared to pay a premium for sustainable buildings compared with just 30% of U.S. investors.
Read the full article, “Canadian investors pay premiums for green buildings: survey” in the Toronto Sun (May 4, 2010).