rio+20 unece & fiabci

Greening the Real Estate Market:The Development of a Sustainable

Real Estate Sector

RIO+20 Side Event

June, 21st, 2012 Hamilton Leite www.hamiltonleite.com.br

One Aspect

4-Average returns on investments in real estate and other investments in the industrial and financial sectors should be similar.

INTRODUCTION - VI

The Costs and Financial Benefits of Green Buildings - Greg Kats, Capital E

Values are in US$ per ft2 / considered construction cost: US$150-250/ft2

Sustainable construction makes a lot of economic sense in the whole building LC

There is one economic

aspect that is a big

problem for the growth of

the Sustainable

Construction

What

Conf l i c t

o f

Economic In te res ts

Construction phaseAdicional Cost $ SB developer (short term)

Occupation phase $ Benefits

occupier (long term)

Most Buyers don’t pay for the additional cost of the sustainable construction

+ 5% = US$750,000CERTIFIED AQUA / HQE-Better health

-Quality of Life-Lower water and Energy bills-Higher value

The Costs and Financial Benefits of Green Buildings - Greg Kats, Capital E

Values are in US$ per ft2 / considered construction cost: US$150-250/ft2

Sustainable construction makes a lot of economic sense in the whole building LC

Developer

Buyer/Public

Lack of information buyer/government/developer

Not enough research on the economic aspects of the S. C.

The information available is confined inside universities

POSSIBLE SOLUTIONS: Spread all information

available widely Public incentives for SC More research on the

economic aspects of SC

Items that can be incorporated in real estate projects to make them more sustainable, without any additional construction cost; & Technologies to reduce water and energy consumption that have additional cost, but have an acceptable pay back period by the buyer.

So… real estate developers are able to build more sustainable projects,without any additional cost, even if it is not possible to get it certified

Buyers can clearly understand the benefits of the sustainable real estate

&correctly value it!

Let’s keep learning!

And let each one of us do our part

Developers Homeowners Government

IF YOU STILL THINK THAT THE CLIMATE IS NOT

CHANGING, HERE IS THE CIENTIFIC PROOF

THANK YOU !

18th 1990 1950 1970 1980 1990 2012 Century

Hamilton Leite www.hamiltonleite.com.br